Detail akcie PTC Therapeutics online

Business Summary: PTC Therapeutics, Inc. is a global biopharmaceutical company. The Company is focused on the discovery, development, and commercialization of clinically differentiated medicines that provide benefits to patients with rare disorders. The Company has a diversified therapeutic portfolio that includes several commercial products and product candidates in various stages of development, including discovery, research and clinical stages, focused on the development of new treatments for multiple therapeutic areas for rare diseases relating to neurology and metabolism. It has two products, Translarna (ataluren) and Emflaza (deflazacort), for the treatment of Duchenne muscular dystrophy (DMD) a rare, life-threatening disorder. Its Upstaza, a gene therapy for the treatment of Aromatic L-Amino Decarboxylase (AADC) deficiency, a rare central nervous system (CNS) disorder. Its Tegsedi and Waylivra are for the treatment of rare diseases. Its Evrysdi, a treatment for spinal muscular atrophy (SMA).
Financial Summary: BRIEF: For the three months ended 31 March 2024, PTC Therapeutics, Inc. revenues decreased 5% to $210.1M. Net loss decreased 34% to $91.6M. Revenues reflect Net product revenue decrease of 5% to $177.6M, Manufacturing revenue decrease of 32% to $1.4M, Collaboration revenue decrease from $6K to $0K. Lower net loss reflects Non-GAAP research and development decrease of 40% to $107.2M (expense), Selling.