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PTC Therapeutics, Inc. (PTCT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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50.91+0.23 (+0.45%)
As of 10:41AM EDT. Market open.

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  • C
    Caleb
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  • M
    Matpo
    Be careful! Alert! A severe drawback for PTC Therapeutics, last Friday (30 of September 2022) UK healthcare agency NICE in their draft reassessment report does not recommend routine funding for ataluren in UK, UK is the biggest country in Europe for PTC in terms of patients (60 patients)! If the decision is confirmed by NICE, PTC suffer significantly . On the top of that many agencies in Europe depend on NIcE decision like Greece, Portugal, Romania and Hungary therefore if PTC loses their face in UK other countries will follow immediately !

    https://www.nice.org.uk/news/article/nice-review-does-not-recommend-routine-funding-for-duchenne-muscular-dystrophy-gene-therapy-ataluren-in-draft-guidance
  • D
    Dave
    past seven business days, nothing but up.
  • T
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  • a
    artin
    What is going on?
  • A
    Aladdin
    this is one of those typical stocks no one really follows... shame as probably should be above its 70's all time high from 2015.
    that and a earnings report, they just try to blast you with line items that are meaningless without execution.

    its a nice little hold but needs bigger sales and earnings to get going like other biotechs.
  • D
    Dave
    Shouldn't this be moving up, instead of down on today's news?
  • T
    Trevor
    Correct. The vaccine works on the same basis as the mRNA Moderna. they have also purchased a facility in Calgary I believe and are going to start producing the vaccine in 2 months there. Phase 1 trials have started as well which is big. I could see Trudeau fast tracking it with the setbacks and slowdowns with Pfizer.
  • Y
    Yahoo Finance Insights
    PTC Therapeutics is down 8.73% to 48.64
  • j
    javageek
    They are getting $650m from $RPRX for Risdiplam.
    Win for both companies.
    Royalty Pharma is living up to its mission to invest in rare but effective treatments for humanity.
    https://finance.yahoo.com/news/royalty-pharma-acquires-royalty-interest-114510176.html
  • H
    Henry
    PTCT is like a rolling car, up and down. Will it up again or continue to fall?
  • m
    michael
    Nobody talks... Wake up! PTCT 'investors'!!!
  • l
    lido99
    Non dilution funding for future clinical trials
  • J
    Jack
    No secondary coming ,they sold share a month ago. They want their market cap. to reach 3 billion first. Compare to SRPT shares, rally is just beginning and Roche may take them out b4 market cap gets to high!
    SMA drug is a blockbuster