NEW YORK, NY / ACCESSWIRE / July 5, 2024 / Pomerantz LLP is investigating claims on behalf of investors of PTC Therapeutics, Inc. ("PTC" or the "Company") (NASDAQ:PTCT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether PTC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On June 28, 2024, PTC issued a press release announcing that the European Medicines Agency's Committee for Medicinal Products for Human Use "has issued a negative opinion on the renewal of the conditional marketing authorization of Translarna™ (ataluren) for the treatment of nmDMD", which "follows the return of the previously issued negative opinion by the European Commission (EC) for re-review."
On this news, PTC's stock price fell $4.08 per share, or 11.77%, to close at $30.58 per share on June 28, 2024.
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SOURCE: Pomerantz LLP