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PTC Therapeutics - About the company

PTC Therapeutics is a public company based in South Plainfield (United States), founded in 1998 by Stuart Peltz. It operates as a Developer of small molecule drugs for the treatment of rare diseases. PTC Therapeutics has raised $248M in funding from investors like Credit Suisse First Boston, HBM Healthcare Investments and UBS. The company has 3082 active competitors, including 1050 funded and 783 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BridgeBio and Alnylam.

Company Details

Developer of small molecule drugs for the treatment of rare diseases. The company's lead product Ataluren is an orally administered small-molecule drug for the treatment of cystic fibrosis and Duchenne muscular dystrophy caused by nonsense mutations. Also, developing anticancer and antibacterial drugs.
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Email ID
*****@ptcbio.com
Phone Number
+1 **********
Key Metrics
Founded Year
1998
Location
South Plainfield, United States
Stage
Public
Total Funding
$248M in 24 rounds
Latest Funding Round
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
1,158 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

PTC Therapeutics's IPO details

PTC Therapeutics got listed on Jun 20, 2013.
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PTC Therapeutics's funding and investors

PTC Therapeutics has raised a total funding of $248M over 24 rounds. Its first funding round was on Sep 19, 2001. PTC Therapeutics has 30 institutional investors.

Here is the list of recent funding rounds of PTC Therapeutics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 16, 2023
8615191
Post IPO
4388951
2468269
1220057
1503725
May 14, 2020
6090610
Post IPO
1263751
9815274
4961620
6988699
Sep 18, 2019
7961850
Post IPO
5433472
1561227
3720364
5312291
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PTC Therapeutics' founders and board of directors

Founder? Claim Profile
The founders of PTC Therapeutics is Stuart Peltz.
Here are the details of PTC Therapeutics' key team members:

PTC Therapeutics' employee count trend

PTC Therapeutics has 1,158 employees as of Jun 26. Here is PTC Therapeutics's employee count trend over the years:
Employee count trend for PTC Therapeutics
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PTC Therapeutics's Competitors and alternates

Top competitors of PTC Therapeutics include Jazz Pharmaceuticals, BridgeBio and Alnylam. Here is the list of Top 10 competitors of PTC Therapeutics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
82/100
2nd
Logo for BridgeBio
BridgeBio
2015, Palo Alto (United States), Public
Developer of therapeutics for the treatment of genetic diseases
$434M
81/100
3rd
Logo for Alnylam
Alnylam
2002, Cambridge (United States), Public
Developer of RNA interference-based therapeutics for multiple disorders
$17M
79/100
4th
Logo for Alexion
Alexion
1992, Zurich (Switzerland), Acquired
Developer of therapies for patients with devastating and rare diseases
$133M
79/100
5th
Logo for Biogen
Biogen
1978, Cambridge (United States), Public
Developer of therapies for neurodegenerative and immunology disorders
$80M
78/100
6th
Logo for PTC Therapeutics
PTC Therapeutics
1998, South Plainfield (United States), Public
Developer of small molecule drugs for the treatment of rare diseases
$248M
77/100
7th
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
75/100
8th
Logo for Spark Therapeutics
Spark Therapeutics
2013, Philadelphia (United States), Acquired
Developer of gene therapy for rare diseases
$82.8M
73/100
9th
Logo for Ideaya Biosciences
Ideaya Biosciences
2015, San Francisco (United States), Public
Developer of oncology-focused precision medicine using molecular diagnostics
$157M
72/100
10th
Logo for Blueprint Medicines
Blueprint Medicines
2008, Cambridge (United States), Acquired
Developer of selective kinase inhibitors for patients with genomically defined cancers
$115M
72/100
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PTC Therapeutics's Investments and acquisitions

PTC Therapeutics has made 2 investments in companies including ClearPoint Neuro and MRI Interventions. PTC Therapeutics has also acquired 2 companies including Censa Pharmaceuticals and Agilis Biotherapeutics.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 29, 2020
Investments
1998
Irvine (United States)
May 06, 2020
Acquisition
2015
Cambridge (United States)
Jan 13, 2020
Investments
1998
Irvine (United States)
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Reports related to PTC Therapeutics

Here is the latest report on PTC Therapeutics's sector:

News related to PTC Therapeutics

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Media has covered PTC Therapeutics for a total of 24 events in the last 1 year, 13 of them have been about company updates and 1 about people movement.
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