PTCT - PTC Therapeutics, Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD

PTC Therapeutics, Inc.

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

Sector(s)Healthcare
IndustryBiotechnology
Full-time employees1,402

Key executives

NameTitlePayExercisedYear born
Dr. Matthew B. Klein F.A.C.S., FACS, M.D., M.S., MSCEO & Director995.4kN/A1972
Dr. Stuart W. Peltz Ph.D.Co-Founder, Sr. Consultant & Member of Scientific Advisory Board1.54MN/A1960
Dr. Allan Steven Jacobson Ph.D.Co-Founder, Chairman of Scientific Advisory Board & Independent Director145kN/A1946
Dr. Neil Almstead Ph.D.Chief Technical Operations Officer829.97kN/A1967
Mr. Eric PauwelsChief Bus. Officer847.67kN/A1961
Ms. Christine UtterSr. VP, Chief Accounting Officer & Head of People ServicesN/AN/A1978
Ms. Ellen Welch Ph.D.Chief Scientific OfficerN/AN/AN/A
Alex KaneInvestor Relations OfficerN/AN/AN/A
Mr. Mark Elliott BouldingExec. VP & Chief Legal OfficerN/AN/A1961
Ms. Jane BajVP of Corp. CommunicationsN/AN/AN/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. Its portfolio pipeline includes commercial products and product candidates in various stages of development, including clinical, pre-clinical and research and discovery stages, focuses on the development of treatments for multiple therapeutic areas, such as rare diseases. The company offers Translarna and Emflaza for the treatment of Duchenne muscular dystrophy in the European Economic Area and the United States, as well as to treat nonsense mutation Duchenne muscular dystrophy in Brazil and Russia; commercializes Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean; and markets Evrysdi for the treatment of spinal muscular atrophy in adults and children two months and older in Brazil. The company's splicing platform includes PTC518, which is being developed for the treatment of Huntington's disease; bio-e platform, such as vatiquinone and utreloxastat; metabolic platform comprising sepiapterin; gene therapy platform, including an asset targeting Friedreich ataxia; oncology platform, such as Unesbulin; and other multi-platform. PTC Therapeutics, Inc. has collaborations with F. Hoffman-La Roche Ltd and Hoffman-La Roche Inc., as well as the Spinal Muscular Atrophy Foundation to advance drug discovery and development research in regenerative medicine; and Akcea Therapeutics, Inc. to commercialize Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean. 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 June 2023 is 5. The pillar scores are Audit: 6; 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.