PTC Therapeutics Inc (NAS:PTCT)

$ 44.18 -0.44 (-0.99%) Market Cap: 3.41 Bil Enterprise Value: 2.83 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 65/100

PTC Therapeutics Inc MOVE-FA Topline Results-Call Transcript

May 23, 2023 / 09:00PM GMT

Release Date Price: $58.41 (-1.17%)

Transcript

Operator

Thank you for standing by, and welcome to the MOVE-FA top line results. (Operator Instructions) As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Dr. Matthew Klein, Chief Executive Officer. Please go ahead, sir.

Matthew B. Klein

PTC Therapeutics, Inc. - CEO & Director

Thank you all for joining this afternoon's call. We had a number of updates today, and we wanted to take this time to discuss the top line results of the MOVE-FA study and the announced portfolio prioritization decisions. Before I begin, I refer you to our forward-looking statements on this slide, which are also posted on our website as well as our Risk Factors section in our most recent 10-K.

The MOVE-FA study was a 72-week placebo-controlled trial of vatiquinone for the treatment of Friedreich ataxia patients. As we have previously discussed, the trial was designed to focus on pediatric patients, given the strong safety profile of vatiquinone established in children, the natural history data demonstrating that younger FA

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