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PTC Therapeutics

49.84

+0.32000.65%

Post-market: 49.840.00000.00%17:41 EDT

Volume:1.21M

Turnover:60.11M

Market Cap:3.93B

PE:-10.54

High:50.33

Open:49.27

Low:48.45

Close:49.52

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Overview Company News Filings

Biotech stocks slide as Marks resignation seen being negative for sector

Eli Lilly, Roku among others added to Wells Fargo's tactical ideas list

PTC Therapeutics Is Maintained at Overweight by JP Morgan

PTC Therapeutics price target lowered to $75 from $78 at JPMorgan

U.S. RESEARCH ROUNDUP- Braze, Home Bancshares, Union Pacific

BUZZ-U.S. STOCKS ON THE MOVE-GameStop, Oxford Industries, Wolfspeed

BUZZ-PTC Therapeutics falls as EC to not renew market authorization for muscle disorder drug

PTC Therapeutics says EC will not renew market authorization for muscle disorder drug

PTC Therapeutics (PTCT) Gets a Hold from TD Cowen

PTC Therapeutics Loses EU Authorization for Translarna in Duchenne Muscular Dystrophy

MT Newswires Live

PTC Therapeutics Shares Fall After EU Drops Translarna Authorization

PTC Therapeutics Shares Down 8.2% Premarket as Co's Muscle Disorder Therapy to Be Removed From European Markets

THOMSON REUTERS

PTC Therapeutics says European Commission will remove muscle disorder drug

BRIEF-PTC Therapeutics Provides Regulatory Update On Translarna™ (Ataluren) In Europe

PTC Therapeutics : Disappointed That After Prolonged Period of Review European Commission Has Decided to Adopt Chmp Negative Opinion on Translarna

THOMSON REUTERS

PTC Therapeutics Provides Regulatory Update on Translarna™ (Ataluren) in Europe

THOMSON REUTERS

PTC Therapeutics Inc: Look Forward to Working on a Country-by-Country Basis to Provide Commercial Drug Where Possible

THOMSON REUTERS

PTC Therapeutics Inc: This Action Effectively Removes Drug's Conditional Marketing Authorization in European Economic Area

THOMSON REUTERS

How to Play SRPT Stock After Patient Death Post DMD Therapy Infusion

Promising Potential of PTC Therapeutics’ Sepiapterin in PKU Treatment Justifies Buy Rating

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RBC Capital says the development is “not good for the biotech industry even beyond vaccines.” Voicing a similar opinion, BMO Capital told investors this morning that it sees the news as a “significant negative” for the biopharma and biotech sectors.Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks.“NOT GOOD” FOR BIOTECH SECTOR: RBC Capital believes the resignation of the head of the FDA’s Center for Biologics Evaluation and Research, Peter Marks, is “not good for the biotech industry even beyond vaccines.” Marks had been a key advocate for more flexible, efficient approval processes for drugs, particularly those for orphan diseases such as gene therapies, the firm tells investors in a research note.PRICE ACTION: In 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analysts believe concerns over a revenue slowdown are overblown.\"We think recent fears about a material revenue growth slowdown are overdone, and Roku should maintain its '25 guidance of +mid-teens% Platform rev growth,\" Wells Fargo stated.The bank’s Tactical Ideas list is updated quarterly, with stocks chosen based on their potential for meaningful upside or downside in the 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Therapeutics Is Maintained at Overweight by JP Morgan","url":"https://stock-news.laohu8.com/highlight/detail?id=2523923097","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523923097?lang=en_us&edition=fundamental","pubTime":"2025-03-31 22:47","pubTimestamp":1743432420,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/PTCT/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 31, 2025 10:47 ET (14:47 GMT)","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PTC","PTCT"],"gpt_icon":0},{"id":"2523943331","title":"PTC Therapeutics price target lowered to $75 from $78 at JPMorgan","url":"https://stock-news.laohu8.com/highlight/detail?id=2523943331","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523943331?lang=en_us&edition=fundamental","pubTime":"2025-03-31 19:40","pubTimestamp":1743421235,"startTime":"0","endTime":"0","summary":"JPMorgan lowered the firm’s price target on PTC Therapeutics (PTCT) to $75 from $78 and keeps an Overweight rating on the shares. The firm updated ...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/ptc-therapeutics-price-target-lowered-to-75-from-78-at-jpmorgan?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/ptc-therapeutics-price-target-lowered-to-75-from-78-at-jpmorgan?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PTC","PTCT"],"gpt_icon":0},{"id":"2523962105","title":"U.S. RESEARCH ROUNDUP- Braze, Home Bancshares, Union 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Bra","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nL3N3QE0DE:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CSX","BOKF","LU2275660780.HKD","LU0114720955.EUR","IE00BLSP4452.SGD","SDST","GLPI","FLG","LU0274383776.USD","LU1559883803.SGD","IE00BSNM7G36.USD","LU0053666078.USD","HOMB","LU0124384867.USD","IIPR","LU0053671581.USD","CMA","LU0302445910.USD","UNP","IE00B775SV38.USD","BK4211","IE00BMG7P587.USD","LU2756315664.SGD","BK4504","BK4533","ELF","LU1978683503.SGD","BK4183","REGN","BK4016","CFR","BRZE","LU1941712264.USD","NSC","BK4585","IE00BMG7P926.USD","LU1551013425.SGD","LU1894683348.USD","LU0943347566.SGD","BKU","IE00B3S45H60.SGD","LU1571399168.USD","CL","BK4234","PTCT","KPLT","LU0058720904.USD","LU1861219969.SGD","LU0820561909.HKD","LU2360107325.USD"],"gpt_icon":0},{"id":"2523686722","title":"BUZZ-U.S. STOCKS ON THE MOVE-GameStop, Oxford Industries, Wolfspeed","url":"https://stock-news.laohu8.com/highlight/detail?id=2523686722","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523686722?lang=en_us&edition=fundamental","pubTime":"2025-03-29 01:47","pubTimestamp":1743184057,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-GameStop, Oxford Industries, WolfspeedEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newslet","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250328:nL6N3QB0IK:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVDS.UK","NVDX","NVDU","AU","AIR","STSS","ECX","ENPH","NEM","SNVD.UK","XPO","NVD","LUV","CVAC","OXM","NVIW.SI","3NVD.UK","AGX","MIST","NVDS","NVD3.UK","SGHC","MRK","LDOS","LGMK","WRB","WOLF","GHLD","BEAM","NVD2.UK","DTC","NVDD","CPT","LXRX","PTCT","ON","2NVD.UK","NVDY","X","GME"],"gpt_icon":1},{"id":"2522509466","title":"BUZZ-PTC Therapeutics falls as EC to not renew market authorization for muscle disorder drug","url":"https://stock-news.laohu8.com/highlight/detail?id=2522509466","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522509466?lang=en_us&edition=fundamental","pubTime":"2025-03-28 22:55","pubTimestamp":1743173714,"startTime":"0","endTime":"0","summary":"BUZZ-PTC Therapeutics falls as EC to not renew market authorization for muscle disorder drug** Shares of drugmaker PTC Therapeutics PTCT.O fall 1% to $54.38** PTCT says the European Commission has decided not to renew marketing authorization for the company's muscle-wasting disorder drug, Translarna, and that the treatment will no longer be available for sale in the EU** The drug had received conditional approval in EU in 2014 to treat children aged five years and older who can walk and are afflicted with Duchenne muscular dystrophy** Company says it plans to work with countries individually to maintain commercial availability of the drug where possible** TD Cowen analyst Joseph Thome estimates Translarna to generate $192 million in sales for 2025, with a \"minimal contribution from the EU\"** Shares have gained 86.8% in the last 12 months, as of last close  ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250328:nL3N3QB17Y:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PTCT","LU0889565916.HKD","BK4139","LU0320765992.SGD","LU0109394709.USD"],"gpt_icon":0},{"id":"2522503201","title":"PTC Therapeutics says EC will not renew market authorization for muscle disorder drug","url":"https://stock-news.laohu8.com/highlight/detail?id=2522503201","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522503201?lang=en_us&edition=fundamental","pubTime":"2025-03-28 22:18","pubTimestamp":1743171492,"startTime":"0","endTime":"0","summary":"UPDATE 2-PTC Therapeutics says EC will not renew market authorization for muscle disorder drugAdds background in paragraph 3, further details in paragraph 6, CEO quote in paragraph 7 and analyst comment in paragraph 8By Christy Santhosh and Kamal  Choudhury. March 28  - PTC Therapeutics PTCT.O said on Friday its inherited progressive muscle-wasting disorder drug will no longer be available for sale in the EU as the European Commission has decided not to renew its marketing authorization following a prolonged review.The EC's decision backs the negative opinion on the drug, Translarna, given by the EU health regulator's advisory panel in 2023, which was later reaffirmed in January last year.In May 2024, the EU regulator asked the panel to re-evaluate the treatment and to \"further consider the totality of evidence, including data from patient registries and real-world evidence.\". Translarna is not yet approved in the U.S. and was rejected by the Food and Drug Administration in 2016 and 20","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250328:nL3N3QB152:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0320765992.SGD","LU0889565916.HKD","PTCT","LU0109394709.USD","BK4139"],"gpt_icon":0},{"id":"2522505152","title":"PTC Therapeutics (PTCT) Gets a Hold from TD Cowen","url":"https://stock-news.laohu8.com/highlight/detail?id=2522505152","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522505152?lang=en_us&edition=fundamental","pubTime":"2025-03-28 22:15","pubTimestamp":1743171318,"startTime":"0","endTime":"0","summary":"TD Cowen analyst Joseph Thome maintained a Hold rating on PTC Therapeutics (PTCT – Research Report) today and set a price target of $60.00. The com...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/ptc-therapeutics-ptct-gets-a-hold-from-td-cowen?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/ptc-therapeutics-ptct-gets-a-hold-from-td-cowen?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4588","LU1923623000.USD","LU1721428347.USD","TD","BK4566","LU1951200564.SGD","PTC","BK4127","LU2477742899.HKD","LU2362540622.SGD","BK4576","BK4023","LU0320765992.SGD","BK4139","BK4585","PTCT","BK4554","BK4207","LU0889565916.HKD","LU2506952410.USD","LU2362541513.USD","LU2362541273.HKD","LU0109394709.USD","COWN","LU1951198990.SGD","LU2506952337.HKD"],"gpt_icon":0},{"id":"2522570095","title":"PTC Therapeutics Loses EU Authorization for Translarna in Duchenne Muscular Dystrophy","url":"https://stock-news.laohu8.com/highlight/detail?id=2522570095","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522570095?lang=en_us&edition=fundamental","pubTime":"2025-03-28 21:52","pubTimestamp":1743169961,"startTime":"0","endTime":"0","summary":"PTC Therapeutics (PTCT) said Friday that the European Commission has adopted the recommendation of the Committee for Medicinal Products for Human Use to not renew Translarna's marketing authorization ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2506952410.USD","LU1721428347.USD","BK4585","LU0889565916.HKD","PTC","BK4156","LU1923623000.USD","BK4588","PTCT","BK4139","LU2362540622.SGD","LU2506952337.HKD","BK4554","LU0320765992.SGD","LU1951198990.SGD","LU2362541513.USD","LU2477742899.HKD","BK4023","LU0109394709.USD","LU2362541273.HKD","BK4576","LU1951200564.SGD"],"gpt_icon":0},{"id":"2522157752","title":"PTC Therapeutics Shares Fall After EU Drops Translarna Authorization","url":"https://stock-news.laohu8.com/highlight/detail?id=2522157752","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522157752?lang=en_us&edition=fundamental","pubTime":"2025-03-28 21:31","pubTimestamp":1743168660,"startTime":"0","endTime":"0","summary":"Shares of PTC Therapeutics fell after the company said regulators for the European Union won't renew authorization for its Translarna treatment for nonsense mutation Duchenne muscular dystrophy.The stock was down 9% at $50 ahead of the market open on Friday. Shares had gained 22% year-to-date when the market closed yesterday. They were trading at $29.09 this time a year ago.The Warren, N.J., company said before the bell that the European Commission adopted the opinion of the Committee for Medicinal Products for Human Use to remove the drug's conditional marketing authorization in the European Economic Area.Still, the commission said individual countries within the European Union can use certain exemptions to continue using Translarna.Chief Executive Matthew Klein said the decision is disappointing after a prolonged period of review by the European Commission.\"We look forward to working on a country-by-country basis to provide the commercial drug where possible,\" he said.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2362541513.USD","LU0109394709.USD","LU2506952410.USD","LU2506952337.HKD","LU2362540622.SGD","LU2477742899.HKD","BK4023","LU0889565916.HKD","LU2362541273.HKD","BK4588","PTCT","BK4585","LU0320765992.SGD","BK4554","BK4139","PTC","BK4576","LU1923623000.USD","LU1951200564.SGD","LU1721428347.USD","LU1951198990.SGD","BK4156"],"gpt_icon":0},{"id":"2522423572","title":"PTC Therapeutics Shares Down 8.2% Premarket as Co's Muscle Disorder Therapy to Be Removed From European Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=2522423572","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522423572?lang=en_us&edition=fundamental","pubTime":"2025-03-28 21:24","pubTimestamp":1743168259,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250328:nFWN3QB0IH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU0109394709.USD","LU0320765992.SGD","PTCT","LU0889565916.HKD","BK4139"],"gpt_icon":0},{"id":"2522962572","title":"PTC Therapeutics says European Commission will remove muscle disorder drug","url":"https://stock-news.laohu8.com/highlight/detail?id=2522962572","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522962572?lang=en_us&edition=fundamental","pubTime":"2025-03-28 21:17","pubTimestamp":1743167876,"startTime":"0","endTime":"0","summary":"PTC Therapeutics says European Commission will remove muscle disorder drug March 28  - PTC Therapeutics PTCT.O said on Friday the European Commission will remove its inherited progressive muscle-wasting disorder from the region after an advisory panel reaffirmed a negative opinion of the drug in January.   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This marks the first reported fatality linked to the gene therapy. Despite the incident, the company maintained its stance on the therapy’s positive benefit-risk profile, emphasizing that more than 800 patients have received Elevidys to date. Additionally, Sarepta noted that the patient had a recent CMV infection, which might have contributed to the adverse outcome, as CMV is known to cause liver damage.Apart from Elevidys, Sarepta has three other therapies in its commercial portfolio targeting the DMD patient population. 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