PTC Therapeutics Enters into Agreement to Sell Priority Review Voucher for $150 Million
PTC Therapeutics, Inc. (PTCT)
Last ptc therapeutics, inc. earnings: 4/30 04:01 pm
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Source: PR Newswire
WARREN, N.J., Nov. 27, 2024 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that it has entered into an agreement to sell its Rare Pediatric Disease Priority Review Voucher (PRV) for $150 million upon the closing of the transaction.PTC was granted the PRV on November 13, 2024 along with the U.S. Food and Drug Administration (FDA) approval of KEBILIDI™ (eladocagene exuparvovec-tneq) for the treatment of children and adults with AADC deficiency, including the full spectrum of disease severity.The transaction is subject to customary closing conditions, including expiration of the applicable waiting period under the Hart-Scott Rodino (HSR) Antitrust Improvements Act.About the Rare Pediatric Disease Priority Review Voucher ProgramThe FDA awards priority review vouchers to sponsors of rare pediatric disease product applications that meet certain criteria. The program is intended to encourage development of new drugs and biologics for the prevention and treatment of rar
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PTCT
News
- PTC Therapeutics, Inc. (NASDAQ: PTCT) had its price target raised by analysts at Robert W. Baird from $48.00 to $52.00. They now have an "outperform" rating on the stock.MarketBeat
- PTC Therapeutics Enters into Agreement to Sell Priority Review Voucher for $150 Million [Yahoo! Finance]Yahoo! Finance
- PTC Therapeutics Announces Topline Results of CardinALS Trial of Utreloxastat in ALS Patients [Yahoo! Finance]Yahoo! Finance
- PTC Therapeutics Announces Topline Results of CardinALS Trial of Utreloxastat in ALS PatientsPR Newswire
- PTC Therapeutics, Inc. (NASDAQ: PTCT) had its price target raised by analysts at Wells Fargo & Company from $56.00 to $68.00. They now have an "overweight" rating on the stock.MarketBeat
PTCT
Earnings
- 11/7/24 - Beat
PTCT
Sec Filings
- 11/27/24 - Form 8-K
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- PTCT's page on the SEC website