XNAS
PTCT
Market cap5.22bUSD
Oct 08, Last price
62.56USD
1D
-1.06%
1Q
-26.27%
Jan 2017
473.42%
IPO
257.49%
Name
PTC Therapeutics Inc
Chart & performance
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Profile
PTC Therapeutics, Inc. (PTCT) is a biopharmaceutical company committed to the research, development, and commercialization of innovative therapies for patients afflicted with rare genetic disorders. Its robust pipeline encompasses both commercialized therapies and a variety of experimental drug candidates, spanning all stages of development—from early research and preclinical studies to clinical trials—with a primary focus on addressing various rare disease indications. Among its commercialized products, PTC Therapeutics provides Translarna and Emflaza, offering therapeutic options for Duchenne muscular dystrophy patients in the European Economic Area and the United States. Translarna also addresses nonsense mutation Duchenne muscular dystrophy in Brazil and Russia. The company additionally commercializes Tegsedi and Waylivra for various rare conditions throughout Latin America and the Caribbean. Furthermore, in Brazil, PTC Therapeutics distributes Evrysdi as a treatment for spinal muscular atrophy (SMA) in patients aged two months and older. Leveraging its proprietary splicing platform, the company is also actively developing PTC518, a promising therapeutic candidate aimed at treating Huntington's disease. To bolster its research and development capabilities, PTC Therapeutics has established strategic collaborations, including partnerships with F. Hoffman-La Roche Ltd and Hoffman-La Roche Inc., as well as the Spinal Muscular Atrophy Foundation, focusing on advancing drug discovery and development research, particularly in regenerative medicine. Additionally, it collaborates with Akcea Therapeutics, Inc. for the commercialization of Tegsedi and Waylivra in the Latin America and Caribbean region. Established in 1998, PTC Therapeutics, Inc. maintains its corporate headquarters in South Plainfield, New Jersey.
Related entities
Subsidiaries
PTC THERAPEUTICS INTERNATIONAL LIMITED
Key people
Michael Schmertzler
Independent Chairman of the Board · since 2004
Christine Marie Utter
Senior Vice President - Finance, Chief Accounting Officer · since 2019
Emily Luisa Hill
Principal Financial Officer, Treasurer · since 2019
Stuart W. Peltz
Chief Executive Officer, Director · since 1998
Allan S. Jacobson
Independent Director · since 1998
Independent Director · since 2005
Independent Director · since 2016
Independent Director · since 2012
Legal address
c/o CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
WILMINGTON, DE 19808
US
Headquarters
100 Corporate Court
South Plainfield, NJ 07080
US
South Plainfield, NJ 07080
US
Valuation
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