PTC offers its best case for a controversial Duchenne MD PhIII. But key failures spark fresh doubts of success at FDA
PTC Therapeutics’ years-long effort to push its controversial Duchenne MD drug Translarna into the US has just run into its latest setback.
The biotech reported a mixed set of data from its confirmatory study of the drug, with a list of key failures that at least one high profile analyst believes aren’t likely to win over skeptics at the FDA.
The biotech’s execs were careful to spotlight the upbeat aspects of the data, which they say lays a straight path to their next FDA pitch for treating nonsense mutation DMD. And RBC’s Brian Abrahams believes that should keep it on the European market, where it got an early launch on failed trial data. But the analyst raised doubts over the bad data PTC divulged Tuesday morning.
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