
PTC Therapeutics Inc
PTCT · NASDAQ · Healthcare / Biotechnology
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About
PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to children and adults living with rare disorders in the United States and internationally. The company provides Translarna and Emflaza for the treatment of Duchenne muscular dystrophy; Upstaza to treat aromatic l-amino acid decarboxylas (AADC) deficiency, a central nervous system disorder; Tegsedi and Waylivra for the treatment of rare diseases; and Evrysdi to treat spinal muscular atrophy (SMA) in adults and children. Its development pipeline products include Sepiapterin for the treatment of phenylketonuria; PTC518 splicing platform, which is being developed for the treatment of Huntington's disease; and inflammation and ferroptosis platforms, including vatiquinone to treat Friedreich's ataxia. The company distributes its products through third-party distributors. It has collaborations with F. Hoffman-La Roche Ltd., Hoffman-La Roche Inc., the SMA Foundation, National Taiwan University, Akcea Therapeutics, Inc., and Shiratori Pharmaceutical Co., Ltd. The company has license and collaboration agreement with Novartis Pharmaceuticals Corporation to develop PTC518 Huntington's disease program. It markets Upstaza, a gene therapy with the brand name Kebilidi in the United States. PTC Therapeutics, Inc. was incorporated in 1998 and is headquartered in Warren, New Jersey.
Company Details
- SectorHealthcare
- IndustryBiotechnology
- CEODr. Matthew B. Klein F.A.C.S., M.D., M.S.
- Employees991
- Headquarters500 Warren Corporate Center Drive, Warren, NJ, United States, 07059, USA
- Websitehttps://www.ptcbio.com
Leadership
- Dr. Matthew B. Klein F.A.C.S., M.D., M.S.CEO & Director · b. 1972
- Dr. Allan Steven Jacobson Ph.D.Co-Founder & Independent Director · b. 1946
- Mr. Pierre Gravier M.S.Chief Financial Officer · b. 1985
- Dr. Neil Almstead Ph.D.Chief Technical Operations Officer · b. 1967
- Mr. Eric PauwelsChief Business Officer · b. 1962
- Dr. Lee Scott Golden M.D., Ph.D.Executive VP & Chief Medical Officer · b. 1968
- Ms. Christine Utter CPASenior VP, Chief Accounting Officer & Head of People Services · b. 1979
- Ms. Linda Montella CarterSenior VP & Chief Information Officer
- Ms. Ellen CavaleriHead of Investor Relations
- Mr. Mark Elliott Boulding J.D.Executive VP & Chief Legal Officer · b. 1961
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy5
- Buy4
- Hold4
- Strong Sell1
Ownership Breakdown
- Institutions
- 122.81%
- Insiders
- 7.31%
- Retail / Other
- 0.00%
Top Institutional Holders
- BlackRock Inc12.95M15.51%
- RTW INVESTMENTS, LLC7.75M9.28%
- HHG PLC7.19M8.62%
- Vanguard Portfolio Management, LLC4.80M5.76%
- State Street Corp4.35M5.21%
- Wellington Management Company LLP4.13M4.95%
- Vanguard Capital Management, LLC3.68M4.40%
- The Toronto-Dominion Bank3.03M3.63%
- Geode Capital Management, LLC2.21M2.65%
- Armistice Capital, LLC2.07M2.49%
- Westfield Capital Management Company, L.P.1.96M2.34%
- Bank of America Corp1.89M2.26%
- William Blair Investment Management, LLC1.72M2.06%
- Hood River Capital Management LLC1.66M1.99%
- D. E. Shaw & Co LP1.55M1.86%
Top Fund Holders
- iShares Core S&P Small-Cap ETF5.06M6.06%
- Vanguard MStar Total Stk Mkt Idx Invest2.64M3.17%
- iShares Russell 2000 ETF2.11M2.53%
- Vanguard Health Care Inv2.05M2.45%
- Vanguard Small Cap Index1.91M2.29%