PTC Therapeutics, Inc. (PTCT)

24.78 +0.09 (+0.36%) As of 02:53PM EDT. Market open.

PTC Therapeutics, Inc.

100 Corporate Court
South Plainfield, NJ 07080
United States
908 222 7000
https://www.ptcbio.com

Sector(s): Healthcare
Industry: Biotechnology
Full-time employees: 988

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Matthew B. Klein F.A.C.S., M.D., M.S.	CEO & Director	995.4k	N/A	1973
Dr. Stuart W. Peltz Ph.D.	Co-Founder, Senior Consultant & Member of Scientific Advisory Board	1.54M	N/A	1960
Dr. Allan Steven Jacobson Ph.D.	Co-Founder, Chairman of Scientific Advisory Board & Independent Director	145k	N/A	1946
Dr. Neil Almstead Ph.D.	Chief Technical Operations Officer	829.97k	N/A	1967
Mr. Eric Pauwels	Chief Business Officer	847.67k	N/A	1961
Mr. Pierre Gravier M.S.	Chief Financial Officer	N/A	N/A	1986
Ms. Christine Utter	Senior VP, Chief Accounting Officer & Head of People Services	595.54k	995.57k	1978
Alex Kane	Investor Relations Officer	N/A	N/A	N/A
Mr. Mark Elliott Boulding	Executive VP & Chief Legal Officer	824.09k	355.34k	1961
Ms. Jane Baj	Vice President of Corporate Communications	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to patients with rare disorders in the United States and internationally. The company offers Translarna and Emflaza for the treatment of Duchenne muscular dystrophy; Upstaza to treat aromatic l-amino acid decarboxylas (AADC) deficiency, a central nervous system disorder; Tegsedi and Waylivra for the treatment of rare diseases; and Evrysdi to treat spinal muscular atrophy (SMA) in adults and children. Its development pipeline products include Sepiapterin for the treatment of phenylketonuria; PTC518 splicing platform, which is being developed for the treatment of Huntington's disease; and ferroptosis and inflammation platforms, including vatiquinone to treat Friedreich ataxia and utreloxastat for the treatment of amyotrophic lateral sclerosis. The company distributes its products through third-party distributors. It has collaborations with F. Hoffman-La Roche Ltd, Hoffman-La Roche Inc., the SMA Foundation, National Taiwan University, Akcea Therapeutics, Inc., and Shiratori Pharmaceutical Co., Ltd. PTC Therapeutics, Inc. was incorporated in 1998 and is headquartered in South Plainfield, New Jersey.

Corporate governance

PTC Therapeutics, Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 7; Board: 2; Shareholder rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.