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Biotechnology

PTC Therapeutics, Inc. (PTCT) is a biotechnology company based in the United States that is focused on the discovery, development, and commercialization of therapies for rare genetic disorders. The company's stock is listed on the NASDAQ stock exchange.

In terms of recent financial performance, PTC Therapeutics reported revenue of $192.9 million in 2020, representing an increase of 21% compared to the previous year. The company's net loss for the year was $125.3 million, or $2.41 per share, compared to a net loss of $128.5 million, or $2.60 per share, in 2019.

One of the company's main products is Translarna, which is approved for the treatment of Duchenne muscular dystrophy (DMD) in the European Union. In 2020, Translarna generated net revenues of $156.5 million, accounting for the majority of the company's total revenue.

PTC Therapeutics is also developing pipeline of investigational therapies for a range of other rare genetic disorders, including Huntington's disease. The company's lead Huntington's disease program, PTC518, is currently in Phase 1 clinical trials.

In terms of growth prospects, the global market for rare genetic disorder therapies is expected to grow significantly in the coming years, driven by an increasing number of new drug approvals, growing awareness of rare diseases, and advances in genetic research. As a result, PTC Therapeutics may be well-positioned to continue growing its revenues and expanding its pipeline of therapies for rare genetic disorders.

However, it is important to note that investing in individual stocks always carries risk, and the performance of any stock, including PTC Therapeutics, cannot be guaranteed. It is always recommended to thoroughly research a company and consider seeking advice from a financial advisor or investment professional before making any investment decisions.