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PTC Therapeutics Reports Third Quarter 2013 Financial and Corporate Results
Date:11/14/2013

SOUTH PLAINFIELD, N.J., Nov. 14, 2013 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT), a biopharmaceutical company focused on the discovery and development of orally administered, proprietary small molecule drugs that target post-transcriptional control processes, today announced financial and corporate results for the quarter ended September 30, 2013.

(Logo: http://photos.prnewswire.com/prnh/20010919/PTCLOGO )

"2013 has thus far been an exciting year for us. PTC was founded based upon a strong scientific platform focused on RNA biology with the goal of bringing new therapies to patients with rare disorders and we have made tremendous progress this year towards realizing that goal," said Stuart Peltz, PhD, Chief Executive Officer, PTC Therapeutics, Inc. "We initiated our nonsense mutation Duchenne muscular dystrophy confirmatory Phase 3 clinical trial, which was informed by our previous clinical results that defined the natural history of ambulation in DMD patients as measured by the six-minute walk test.  These natural history results have been corroborated by subsequent studies, giving us a high degree of confidence that our ongoing confirmatory study is both well designed and well powered to demonstrate the efficacy of ataluren.  In addition, a  development candidate was selected  in  our spinal muscular atrophy (SMA) program in  collaboration with Roche and the SMA Foundation.  This development candidate was originally developed using PTC's Alternative Splicing platform, which we are also deploying against other medically important targets."

"As we look ahead to 2014, we are well positioned to execute on our strategy. This includes completing enrollment in our nonsense mutation Duchenne muscular
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SOURCE PTC Therapeutics, Inc.
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