PTC Therapeutics has announced key clinical and regulatory milestones expected in 2025, providing updates on its pipeline during the 43rd Annual J.P. Morgan Healthcare Conference. The company anticipates significant progress in the development of treatments for phenylketonuria (PKU) and Huntington's Disease (HD), among other rare disorders. These milestones include regulatory decisions and clinical trial results that could substantially impact the treatment landscape for these conditions. PTC Therapeutics' total unaudited net revenue for full-year 2024 was approximately $814 million.
Sepiapterin: Regulatory Decisions in Sight for PKU
Sepiapterin, a key drug in PTC's pipeline, is nearing critical regulatory milestones. The Committee for Medicinal Products for Human Use (CHMP) is expected to provide its opinion on the Marketing Authorization Application (MAA) for sepiapterin in the second quarter of 2025. This opinion is a crucial step toward potential approval in the European Economic Area (EEA) for the treatment of PKU. In the United States, the Food and Drug Administration (FDA) is scheduled to make a decision on the New Drug Application (NDA) for sepiapterin by July 29, 2025. Approval in both regions would represent a significant advancement in PKU treatment, offering a new therapeutic option for patients with this rare metabolic disorder.
PTC518: Phase 2 Results in Huntington's Disease
The PIVOT-HD Phase 2 study of PTC518 is expected to yield results in the second quarter of 2025. PTC518 is being investigated as a potential treatment for Huntington's Disease, a progressive neurodegenerative disorder. The outcome of this study could provide valuable insights into the drug's efficacy and safety, potentially paving the way for further development and future treatment options for HD patients.
Vatiquinone: Anticipated Regulatory Approval
PTC Therapeutics anticipates the NDA acceptance of vatiquinone in the first quarter of 2025, with potential regulatory approval expected in the second half of the year. Vatiquinone is being developed for various indications, and its approval would further diversify PTC's portfolio of treatments for rare disorders. The company anticipates total revenues for the full-year 2025 to be between $600 million and $800 million, including in-line products, potential new product launches and royalty revenue from Evrysdi.
Financial Outlook
PTC Therapeutics reported total unaudited net revenue of approximately $814 million for the full year 2024. The company anticipates total revenues for the full-year 2025 to be between $600 million and $800 million, including in-line products, potential new product launches, and royalty revenue from Evrysdi. PTC anticipates GAAP R&D and SG&A expense for the full-year 2025 to be between $805 million and $835 million.
