PTC Adds To Management Team In Sign Of Progress Beyond Setbacks

The New Jersey-based biotech has not lost its optimism after a setback in Europe for its lead product and is showing growth in other areas.

Despite some delays to its lead program in Duchenne muscular dystrophy, ultra-rare disease company PTC Therapeutics Inc. is forging ahead with other projects and is ready to show investors that it’s not a one-trick pony.

The announcement that it has initiated a Phase I trial of its second drug candidate coincided with the hiring of a full-time chief medical officer – both moves offering signs...

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