PTC inks Royalty deal worth up to $1.5B on Genentech-partnered SMA drug Evrydsi
Fierce Pharma
OCTOBER 19, 2023
The company licensed the med to Genentech in 2011. Amid a cost-cutting drive and a looming commercial threat in Europe, PTC Ther | PTC will hold on to 19% of its royalty interest in the Genentech drug with the option to sell the rest down the line.
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