PTC Therapeutics signs up to $1.9 billion licensing deal with Novartis

Reuters

2024/12/02

Dec 2 (Reuters) - PTC Therapeutics has entered into a licensing deal with a unit of Novartis AG for up to $1.9 billion, the company said on Monday, for its experimental drug being developed for a rare neurological disorder.

(Reporting by Mariam Sunny in Bengaluru; Editing by Sriraj Kalluvila)

((Mariam.ESunny@thomsonreuters.com;))

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