PTC Therapeutics

About:

PTC Therapeutics is a biopharmaceutical company that engages in the discovery, development and commercialization of small-molecule drugs.

Website: http://www.ptcbio.com

Twitter/X: PTCTherapeutics

Top Investors: Novo Holdings, Wellcome Trust, Manulife Financial, The Column Group, Blackstone Credit

Description:

PTC Therapeutics, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of orally administered and small-molecule drugs. It offers Ataluren, an orally administered small-molecule investigational new drug for the treatment of cystic fibrosis and duchenne muscular dystrophy caused by nonsense mutations. The company also provides PTC299, an anti-angiogenesis drug for the treatment of metastatic breast cancer, multiple tumors, and neurofibromatosis. Its products are used for the treatment of genetic disorders, oncology, and infectious diseases. PTC Therapeutics, Inc. was founded in 1998 and is based in South Plainfield, New Jersey.

Total Funding Amount:

$1.57B

Estimated Revenue Range:

$500M to $1B

Headquarters Location:

South Plainfield, New Jersey, United States

Founded Date:

1998-01-01

Contact Email:

info(AT)ptcbio.com

Founders:

Allan Jacobson, Stuart Peltz

Number of Employees:

1001-5000

Last Funding Date:

2022-10-27

IPO Status:

Public

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