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June 02, 2015 10:53 AM ET

Capital Markets

Company Overview of PureTech Ventures LLC

Company Overview

Puretech Ventures is a venture capital and private equity firm specializing in pre-seed, seed, early stage, and bridge financing. The firm seeks to invest in life sciences companies with a focus on novel therapeutics, medical devices, pharmaceuticals, immunology, metabolism, consumer and digital, neuroscience, drug delivery, and research and platform technologies. Puretech Ventures was founded in 2001 and is based in Boston, Massachusetts.

500 Boylston Street

Suite 1600

Boston, MA 02116

United States

Founded in 2001

Phone:

617-482-2333

Fax:

617-482-3337

Key Executives for PureTech Ventures LLC

Founder, Chief Executive Officer, Managing Partner, and Director
Co-Founder and Senior Partner Emeritus
Age: 75
Co-Founder, Senior Partner, and Board Member
Age: 66
Co-Founder, Senior Advisor, and Director
Age: 66
Manager of Finance and Operations
Compensation as of Fiscal Year 2014.

PureTech Ventures LLC Key Developments

PureTech Health Announces Executive Changes

PureTech announced that Dame Marjorie Scardino, Chairman of the MacArthur Foundation and former CEO of Pearson, has been appointed to PureTech's Board of Directors in the role of Senior Independent Director and that current Board member Joi Ito, MIT Media Lab's Director, has been appointed Board Chairman. Dr. Ben Shapiro, PureTech's outgoing Chairman and co-founder, former Executive Vice President of Basic & External Research at Merck, will remain an active member of the Board. PureTech is also expanding its core team with the addition of Julie DiCarlo, former Head of Global Communications at Cubist Pharmaceuticals, as SVP of Communications and Investor Relations; and Spencer Ball, former Director of Executive Search/Talent Acquisition at PAREXEL, as Vice President of Talent Acquisition. Dame Marjorie Scardino served as Chief Executive of The Economist for 12 years and then from 1997 through 2012 was the Chief Executive of Pearson plc. She is currently the Chairman of The MacArthur Foundation and is also a member of the non-profit boards of Oxfam, The Royal College of Art, and The Carter Center, as well as the for-profit boards of Twitter, where she sits on the audit committee, and IAG (the holding company of British Airways, Iberia and other airlines). Dame Marjorie has received a number of honorary degrees, and in 2003 was dubbed a Dame of the British Empire. She is also a member of the Royal Society of the Arts in the UK and the American Association of Arts and Sciences. Dame Marjorie will be joining PureTech's existing Senior Partners and Board Members, Dr. Robert Langer, PureTech Co-founder and David H. Koch Institute Professor at MIT; Mr. Joi Ito, PureTech Chairman, MIT Media Lab Director and board member of Sony, the MacArthur Foundation, The New York Times, the Knight Foundation and Mozilla; Dr. Ben Shapiro, former EVP of Worldwide Basic and External Research at Merck; Dr. John LaMattina, former President of R&D at Pfizer Global Research and Development; Mr. Christopher Viehbacher, former CEO and member of the board of directors of Sanofi; Dr. H. Robert Horvitz, Nobel Laureate, David H. Koch Professor at MIT and Investigator, Howard Hughes Medical Institute; Dr. Raju Kucherlapati, Paul C. Cabot Professor in the Harvard Medical School Department of Genetics, co-founder of Millennium Pharmaceuticals and Abgenix, and Member of President Obama's Commission for the Study of Bioethical Issues; and Daphne Zohar, PureTech's Founder and CEO, recognized as a healthcare innovator and leader by The Boston Globe, MIT's Technology Review, Scientific American, BioWorld and others.

PureTech Announces Board Changes

PureTech announced that Dame Marjorie Scardino, chairman of the MacArthur Foundation and former CEO of Pearson, has been appointed to PureTech's board of directors in the role of senior independent director and that current board member Joi Ito, MIT Media Lab's director, has been appointed board chairman. Dr. Ben Shapiro, PureTech's outgoing chairman and co-founder, former executive vice president of Basic & External Research at Merck, will remain an active member of the Board. PureTech is also expanding its core team with the addition of Julie DiCarlo, former head of global communications at Cubist Pharmaceuticals, as SVP of communications and investor relations; and Spencer Ball, former director of executive search/talent acquisition at PAREXEL, as Vice president of talent acquisition. Dame Marjorie Scardino served as chief executive of the economist for 12 years and then from 1997 through 2012 was the chief executive of Pearson plc. and the owner of Penguin Books and The Financial Times Group. She is currently the chairman of the MacArthur Foundation and is also a member of the non-profit boards of Oxfam, The Royal College of Art, and The Carter Center, as well as the for-profit boards of Twitter, where she sits on the audit committee, and IAG (the holding company of British Airways, Iberia and other airlines).

PureTech Appoints Christopher Viehbacher to its Board of Directors

PureTech announced the appointment of Christopher Viehbacher, former CEO and Member of the Board of Directors of Sanofi, to its Board of Directors.

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