PTC Therapeutics shares are trading higher after the FDA accepted and granted priority review to the company's BLA for Upstaza.
Portfolio Pulse from Benzinga Newsdesk
PTC Therapeutics shares are trading higher following the FDA's acceptance and priority review grant for the company's Biologics License Application (BLA) for Upstaza.

May 14, 2024 | 3:11 pm
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POSITIVE IMPACT
PTC Therapeutics' stock is experiencing an uptick due to the FDA's acceptance and priority review of its BLA for Upstaza, indicating a positive regulatory milestone for the company.
The FDA's acceptance and priority review of a BLA is a significant positive regulatory milestone for any biotech company, often leading to increased investor confidence and a rise in stock price. For PTC Therapeutics, this development directly impacts the company's valuation and investor perception, as it moves closer to potentially bringing a new product to market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100