Company Profile

PTC Therapeutics Inc
Profile last edited on: 10/19/21      CAGE: 1XUQ0      UEI: LH7QEHP9V7W1

Business Identifier: Orally administered small-molecule drugs targeting post-transcriptional control processes
Year Founded
1998
First Award
2000
Latest Award
2009
Program Status
Inactive
Popularity Index
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Location Information

100 Corporate Court
South Plainfield, NJ 07080
   (908) 222-7000
   info@ptcbio.com
   www.ptcbio.com
Location: Single
Congr. District: 06
County: Middlesx

Public Profile

PTC Therapeutics Inc (Nasdaq: PTCT) is a biopharmaceutical company focused on the discovery, development and commercialization of orally administered, proprietary small-molecule drugs that target post-transcriptional control processes. Post-transcriptional control processes regulate the rate and timing of protein production and are of central importance to proper cellular function. PTC has assembled proprietary technologies and extensive knowledge of post-transcriptional control processes that it applies in its drug discovery and development activities. PTC's current pipeline of clinical and preclinical product candidates addresses multiple indications, including genetic disorders, oncology, and infectious diseases. PTC has two product candidates at the clinical stage of development and several preclinical and discovery stage programs. PTC's most advanced product candidate is PTC124, which is currently in Phase 2 clinical trials for cystic fibrosis (CF) and Duchenne muscular dystrophy (DMD) caused by nonsense mutations. PTC299, PTC's anti-angiogenesis drug, is currently in clinical studies in patients with metastatic breast cancer and multiple tumors.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
150-249
Revenue Range
15M-20M
VC funded?
Yes
Public/Private
Publicly Traded
Stock Info
NASDAQ : PTCT
IP Holdings
250-500

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2009 1 NIH $498,215
Project Title: Phase 2A Study of Ataluren in Hemophilia A and B (IND 104,321)
2007 2 NIH $909,484
Project Title: Mechanism of nonsense mutation suppression therapy
2006 2 NIH $1,647,757
Project Title: Novel Approaches to Identify Anti-Angiogenesis Drugs
2005 1 NIH $100,000
Project Title: A Novel HIV-1 Latency System for Drug Discovery
2005 2 NIH $1,367,382
Project Title: Developing antiviral agents that inhibit HCV translation

Key People / Management

  Stuart W Peltz -- President and Chief Executive Officer

  Neil Almstead -- Senior Vice President, Chemistry and CMC

  John Babiak -- Sr. Vice President, Drug Discoveries Technologies

  William Baird -- Chief Financial Officer

  Mark E Boulding -- Sr. Vice President and General Counsel

  Joseph M Colacino -- Vice President, Drug Discovery

  Joseph P Dougherty

  Zhengxian Gu

  Cláudia Hirawat -- Sr. Vice President, Corporate Development

  Allan S Jacobson

  William D Ju -- Chief Operating Officer

  Langdon L Miller -- Chief Medical Officer

  Theresa Natalicchio -- Senior Vice President, Marketing and Sales

  Robert F Rando

  Panayiota Trifillis

  Christopher R Trotta

  Ellen M Welch