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Biotech / Medical : PTC Therapeutics -- PTCT
PTCT 68.31+0.3%Oct 31 9:30 AM EDT

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From: scaram(o)uche11/18/2014 12:04:38 PM
   of 38
 
Two "progress in pipe" bullets from the recent corporate update, including BMI-1 news....

SMA program: Initiation of a Phase 1b/2a, multi-center, randomized, double-blind, placebo-controlled, multiple-dose clinical trial in SMA patients is anticipated in the coming weeks in conjunction with our partners, Roche and the SMA Foundation. PTC expects to receive a $10 million milestone payment from Roche upon initiation of the study.

Oncology program: Successfully completed IND-enabling studies for PTC596, an orally active small molecule that targets drug-resistant tumor stem cell populations. An investigational new drug (IND) application for PTC596 is expected to be submitted before the end of 2014 with plans to initiate a Phase 1 clinical trial in the first half of 2015.


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