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  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_ptv_SupplementalDisclosureOfNonCashInvestmentAndFinancingActivitiesAbstract_label_en" xlink:label="lab_ptv_SupplementalDisclosureOfNonCashInvestmentAndFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Supplemental disclosure of non-cash investment and financing activities [Abstract]</link:label>
    <link:label id="lab_ptv_SupplementalDisclosureOfNonCashInvestmentAndFinancingActivitiesAbstract_documentation_en" xlink:label="lab_ptv_SupplementalDisclosureOfNonCashInvestmentAndFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Supplemental disclosure of non-cash investment and financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_SupplementalDisclosureOfNonCashInvestmentAndFinancingActivitiesAbstract" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_SupplementalDisclosureOfNonCashInvestmentAndFinancingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_SupplementalDisclosureOfNonCashInvestmentAndFinancingActivitiesAbstract" xlink:to="lab_ptv_SupplementalDisclosureOfNonCashInvestmentAndFinancingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherOperatingIncomeExpense_019dd682-29c8-7ac4-aafd-d99191d195a5_totalLabel_en" xlink:label="lab_ifrs-full_OtherOperatingIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Other income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherOperatingIncomeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherOperatingIncomeExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherOperatingIncomeExpense" xlink:to="lab_ifrs-full_OtherOperatingIncomeExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_PaymentsForIssuancesOfShortTermNoteOtAssociate_label_en" xlink:label="lab_ptv_PaymentsForIssuancesOfShortTermNoteOtAssociate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Payments for issuances of short-term note ot associate</link:label>
    <link:label id="lab_ptv_PaymentsForIssuancesOfShortTermNoteOtAssociate_documentation_en" xlink:label="lab_ptv_PaymentsForIssuancesOfShortTermNoteOtAssociate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Payments for issuances of short-term note ot associate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_PaymentsForIssuancesOfShortTermNoteOtAssociate" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_PaymentsForIssuancesOfShortTermNoteOtAssociate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_PaymentsForIssuancesOfShortTermNoteOtAssociate" xlink:to="lab_ptv_PaymentsForIssuancesOfShortTermNoteOtAssociate" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_ShortTermInvestments_label_en" xlink:label="lab_ptv_ShortTermInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Short-term Investments</link:label>
    <link:label id="lab_ptv_ShortTermInvestments_documentation_en" xlink:label="lab_ptv_ShortTermInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Short-term Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_ShortTermInvestments" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_ShortTermInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_ShortTermInvestments" xlink:to="lab_ptv_ShortTermInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_PurchaseOfIntangibleAssetsButNotYetPaid_label_en" xlink:label="lab_ptv_PurchaseOfIntangibleAssetsButNotYetPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Purchase Of Intangible Assets But Not Yet Paid</link:label>
    <link:label id="lab_ptv_PurchaseOfIntangibleAssetsButNotYetPaid_documentation_en" xlink:label="lab_ptv_PurchaseOfIntangibleAssetsButNotYetPaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Purchase Of Intangible Assets But Not Yet Paid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_PurchaseOfIntangibleAssetsButNotYetPaid" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_PurchaseOfIntangibleAssetsButNotYetPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_PurchaseOfIntangibleAssetsButNotYetPaid" xlink:to="lab_ptv_PurchaseOfIntangibleAssetsButNotYetPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_PaymentsOfWithholdingTaxesInConnectionWithShareBasedPaymentArrangements_label_en" xlink:label="lab_ptv_PaymentsOfWithholdingTaxesInConnectionWithShareBasedPaymentArrangements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Payments Of Withholding Taxes In Connection With Share-Based Payment Arrangements</link:label>
    <link:label id="lab_ptv_PaymentsOfWithholdingTaxesInConnectionWithShareBasedPaymentArrangements_documentation_en" xlink:label="lab_ptv_PaymentsOfWithholdingTaxesInConnectionWithShareBasedPaymentArrangements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Payments Of Withholding Taxes In Connection With Share-Based Payment Arrangements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_PaymentsOfWithholdingTaxesInConnectionWithShareBasedPaymentArrangements" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_PaymentsOfWithholdingTaxesInConnectionWithShareBasedPaymentArrangements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_PaymentsOfWithholdingTaxesInConnectionWithShareBasedPaymentArrangements" xlink:to="lab_ptv_PaymentsOfWithholdingTaxesInConnectionWithShareBasedPaymentArrangements" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_NoncurrentLiabilitiesFromShareBasedPaymentTransactions_label_en" xlink:label="lab_ptv_NoncurrentLiabilitiesFromShareBasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Noncurrent Liabilities From Share Based Payment Transactions</link:label>
    <link:label id="lab_ptv_NoncurrentLiabilitiesFromShareBasedPaymentTransactions_documentation_en" xlink:label="lab_ptv_NoncurrentLiabilitiesFromShareBasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Noncurrent Liabilities From Share Based Payment Transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_NoncurrentLiabilitiesFromShareBasedPaymentTransactions" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_NoncurrentLiabilitiesFromShareBasedPaymentTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_NoncurrentLiabilitiesFromShareBasedPaymentTransactions" xlink:to="lab_ptv_NoncurrentLiabilitiesFromShareBasedPaymentTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_AdjustmentsForGainsLossesOnChangeInFairValueOfNoteReceivableDueFromAssociates_label_en" xlink:label="lab_ptv_AdjustmentsForGainsLossesOnChangeInFairValueOfNoteReceivableDueFromAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments For Gains (Losses) On Change In Fair Value Of Note Receivable Due From Associates</link:label>
    <link:label id="lab_ptv_AdjustmentsForGainsLossesOnChangeInFairValueOfNoteReceivableDueFromAssociates_documentation_en" xlink:label="lab_ptv_AdjustmentsForGainsLossesOnChangeInFairValueOfNoteReceivableDueFromAssociates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Adjustments For Gains (Losses) On Change In Fair Value Of Note Receivable Due From Associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_AdjustmentsForGainsLossesOnChangeInFairValueOfNoteReceivableDueFromAssociates" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_AdjustmentsForGainsLossesOnChangeInFairValueOfNoteReceivableDueFromAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_AdjustmentsForGainsLossesOnChangeInFairValueOfNoteReceivableDueFromAssociates" xlink:to="lab_ptv_AdjustmentsForGainsLossesOnChangeInFairValueOfNoteReceivableDueFromAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_GainLossOnInvestmentsInNotesFromAssociates_label_en" xlink:label="lab_ptv_GainLossOnInvestmentsInNotesFromAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Gain (Loss) On Investments In Notes From Associates</link:label>
    <link:label id="lab_ptv_GainLossOnInvestmentsInNotesFromAssociates_documentation_en" xlink:label="lab_ptv_GainLossOnInvestmentsInNotesFromAssociates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Gain (Loss) On Investments In Notes From Associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_GainLossOnInvestmentsInNotesFromAssociates" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_GainLossOnInvestmentsInNotesFromAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_GainLossOnInvestmentsInNotesFromAssociates" xlink:to="lab_ptv_GainLossOnInvestmentsInNotesFromAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_019dd682-29c8-7abf-92e9-a263d86d1aa9_totalLabel_en" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flows from (used in) financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAbstract_019dd682-29c8-716e-a46b-b3ea24153c97_terseLabel_en" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en">Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_EquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAbstract" xlink:to="lab_ifrs-full_EquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_CashReceiptsFromRepaymentOfCurrentReceivablesDueFromAssociatesClassifiedAsInvestingActivities_label_en" xlink:label="lab_ptv_CashReceiptsFromRepaymentOfCurrentReceivablesDueFromAssociatesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cash receipts from repayment of current receivables due from associates, classified as investing activities</link:label>
    <link:label id="lab_ptv_CashReceiptsFromRepaymentOfCurrentReceivablesDueFromAssociatesClassifiedAsInvestingActivities_documentation_en" xlink:label="lab_ptv_CashReceiptsFromRepaymentOfCurrentReceivablesDueFromAssociatesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Cash receipts from repayment of current receivables due from associates, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_CashReceiptsFromRepaymentOfCurrentReceivablesDueFromAssociatesClassifiedAsInvestingActivities" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_CashReceiptsFromRepaymentOfCurrentReceivablesDueFromAssociatesClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_CashReceiptsFromRepaymentOfCurrentReceivablesDueFromAssociatesClassifiedAsInvestingActivities" xlink:to="lab_ptv_CashReceiptsFromRepaymentOfCurrentReceivablesDueFromAssociatesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_CashInDeconsolidatedSubsidiary_label_en" xlink:label="lab_ptv_CashInDeconsolidatedSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cash in deconsolidated subsidiary</link:label>
    <link:label id="lab_ptv_CashInDeconsolidatedSubsidiary_documentation_en" xlink:label="lab_ptv_CashInDeconsolidatedSubsidiary" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Cash in deconsolidated subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_CashInDeconsolidatedSubsidiary" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_CashInDeconsolidatedSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_CashInDeconsolidatedSubsidiary" xlink:to="lab_ptv_CashInDeconsolidatedSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_NoncashInterestExpenseRoyaltyLiability_label_en" xlink:label="lab_ptv_NoncashInterestExpenseRoyaltyLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Noncash Interest Expense, Royalty Liability</link:label>
    <link:label id="lab_ptv_NoncashInterestExpenseRoyaltyLiability_documentation_en" xlink:label="lab_ptv_NoncashInterestExpenseRoyaltyLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Noncash Interest Expense, Royalty Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_NoncashInterestExpenseRoyaltyLiability" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_NoncashInterestExpenseRoyaltyLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_NoncashInterestExpenseRoyaltyLiability" xlink:to="lab_ptv_NoncashInterestExpenseRoyaltyLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_019dd682-29c8-7dd1-943d-63db1b7a0f08_totalLabel_en" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flows from (used in) investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_NonCashItemsAbstract_label_en" xlink:label="lab_ptv_NonCashItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Non-cash items [Abstract]</link:label>
    <link:label id="lab_ptv_NonCashItemsAbstract_documentation_en" xlink:label="lab_ptv_NonCashItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Non-cash items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_NonCashItemsAbstract" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_NonCashItemsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_NonCashItemsAbstract" xlink:to="lab_ptv_NonCashItemsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_NumberOfTreasurySharesPurchased_label_en" xlink:label="lab_ptv_NumberOfTreasurySharesPurchased" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Number Of Treasury Shares Purchased</link:label>
    <link:label id="lab_ptv_NumberOfTreasurySharesPurchased_documentation_en" xlink:label="lab_ptv_NumberOfTreasurySharesPurchased" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Number Of Treasury Shares Purchased</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_NumberOfTreasurySharesPurchased" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_NumberOfTreasurySharesPurchased"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_NumberOfTreasurySharesPurchased" xlink:to="lab_ptv_NumberOfTreasurySharesPurchased" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_NonCurrentLiabilitiesRoyaltyLiabilities_label_en" xlink:label="lab_ptv_NonCurrentLiabilitiesRoyaltyLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Non-current Liabilities, Royalty Liabilities</link:label>
    <link:label id="lab_ptv_NonCurrentLiabilitiesRoyaltyLiabilities_documentation_en" xlink:label="lab_ptv_NonCurrentLiabilitiesRoyaltyLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Non-current Liabilities, Royalty Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_NonCurrentLiabilitiesRoyaltyLiabilities" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_NonCurrentLiabilitiesRoyaltyLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_NonCurrentLiabilitiesRoyaltyLiabilities" xlink:to="lab_ptv_NonCurrentLiabilitiesRoyaltyLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_PaymentToPurchaseTreasuryStock_label_en" xlink:label="lab_ptv_PaymentToPurchaseTreasuryStock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Payment to purchase treasury stock</link:label>
    <link:label id="lab_ptv_PaymentToPurchaseTreasuryStock_documentation_en" xlink:label="lab_ptv_PaymentToPurchaseTreasuryStock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Payment to purchase treasury stock</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_PaymentToPurchaseTreasuryStock" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_PaymentToPurchaseTreasuryStock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_PaymentToPurchaseTreasuryStock" xlink:to="lab_ptv_PaymentToPurchaseTreasuryStock" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_PurchaseOfConvertibleNotesAndWarrantsFromAssociatesClassifiedAsInvestingActivities_label_en" xlink:label="lab_ptv_PurchaseOfConvertibleNotesAndWarrantsFromAssociatesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Purchase Of Convertible Notes And Warrants From Associates, Classified As Investing Activities</link:label>
    <link:label id="lab_ptv_PurchaseOfConvertibleNotesAndWarrantsFromAssociatesClassifiedAsInvestingActivities_documentation_en" xlink:label="lab_ptv_PurchaseOfConvertibleNotesAndWarrantsFromAssociatesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Purchase Of Convertible Notes And Warrants From Associates, Classified As Investing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_PurchaseOfConvertibleNotesAndWarrantsFromAssociatesClassifiedAsInvestingActivities" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_PurchaseOfConvertibleNotesAndWarrantsFromAssociatesClassifiedAsInvestingActivities"/>
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    <link:label id="lab_ptv_SaleOfFutureRoyaltiesLiabilityCurrent_label_en" xlink:label="lab_ptv_SaleOfFutureRoyaltiesLiabilityCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Sale Of Future Royalties Liability, Current</link:label>
    <link:label id="lab_ptv_SaleOfFutureRoyaltiesLiabilityCurrent_documentation_en" xlink:label="lab_ptv_SaleOfFutureRoyaltiesLiabilityCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Sale Of Future Royalties Liability, Current</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_SaleOfFutureRoyaltiesLiabilityCurrent" xlink:to="lab_ptv_SaleOfFutureRoyaltiesLiabilityCurrent" xlink:type="arc" order="1"/>
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    <link:label id="lab_ptv_IncreaseDecreaseThroughSettlementOfRestrictedStockUnits_documentation_en" xlink:label="lab_ptv_IncreaseDecreaseThroughSettlementOfRestrictedStockUnits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Increase Decrease Through Settlement Of Restricted Stock Units</link:label>
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    <link:label id="lab_ptv_IncreaseDecreaseThroughRepurchaseAndCancellationOfOrdinarySharesTenderOfferShares_documentation_en" xlink:label="lab_ptv_IncreaseDecreaseThroughRepurchaseAndCancellationOfOrdinarySharesTenderOfferShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Increase (Decrease) Through Repurchase And Cancellation of Ordinary Shares, Tender Offer, Shares</link:label>
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    <link:label id="lab_ptv_IncreaseDecreaseThroughRepurchaseAndCancellationOfOrdinarySharesTenderOffer_documentation_en" xlink:label="lab_ptv_IncreaseDecreaseThroughRepurchaseAndCancellationOfOrdinarySharesTenderOffer" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Increase (Decrease) Through Repurchase And Cancellation of Ordinary Shares, Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_IncreaseDecreaseThroughRepurchaseAndCancellationOfOrdinarySharesTenderOffer" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_IncreaseDecreaseThroughRepurchaseAndCancellationOfOrdinarySharesTenderOffer"/>
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    <link:label id="lab_ptv_GainLossRecognizedOnDilutionOfOwnershipInterestInAssociate_documentation_en" xlink:label="lab_ptv_GainLossRecognizedOnDilutionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Gain (Loss) Recognized On Dilution Of Ownership Interest In Associate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_GainLossRecognizedOnDilutionOfOwnershipInterestInAssociate" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_GainLossRecognizedOnDilutionOfOwnershipInterestInAssociate"/>
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    <link:label id="lab_ptv_ProceedsFromSaleOfFutureRoyalties_label_en" xlink:label="lab_ptv_ProceedsFromSaleOfFutureRoyalties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Proceeds From Sale Of Future Royalties</link:label>
    <link:label id="lab_ptv_ProceedsFromSaleOfFutureRoyalties_documentation_en" xlink:label="lab_ptv_ProceedsFromSaleOfFutureRoyalties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Proceeds From Sale Of Future Royalties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ptv_ProceedsFromSaleOfFutureRoyalties" xlink:href="213800LVPDNO2Z9T9I39-2025-12-31.xsd#ptv_ProceedsFromSaleOfFutureRoyalties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ptv_ProceedsFromSaleOfFutureRoyalties" xlink:to="lab_ptv_ProceedsFromSaleOfFutureRoyalties" xlink:type="arc" order="1"/>
    <link:label id="lab_ptv_SettlementOfRestrictedStockUnitsThroughIssuanceOfEquity_label_en" xlink:label="lab_ptv_SettlementOfRestrictedStockUnitsThroughIssuanceOfEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Settlement of restricted stock units through issuance of equity</link:label>
    <link:label id="lab_ptv_SettlementOfRestrictedStockUnitsThroughIssuanceOfEquity_documentation_en" xlink:label="lab_ptv_SettlementOfRestrictedStockUnitsThroughIssuanceOfEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en">Settlement of restricted stock units through issuance of equity</link:label>
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