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Stock impact report

PTC Therapeutics Enters into Agreement to Sell Priority Review Voucher for $150 Million [Yahoo! Finance]

PTC Therapeutics, Inc. (PTCT) 
Last ptc therapeutics, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ptcbio.com
Company Research Source: Yahoo! Finance
The PRV was granted to PTC on November 13, 2024, along with FDA approval of its treatment for AADC deficiency. The sale is subject to customary closing conditions and is expected to close after the applicable waiting period under the Hart-Scott Rodino Antitrust Improvements Act. The PRV can be redeemed for priority review of a subsequent marketing application for a different product or sold or transferred. 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, incl Show less Read more
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