PTC Therapeutics Targets Fabry Gene Therapy in $111M Bankruptcy Auction Deal
PTC Therapeutics plans to acquire the ST-920 Fabry disease gene therapy asset through a competitive bankruptcy auction in a $111 million deal. The acquisition would add a potential one-time treatment to the company's rare disease portfolio, leveraging its existing global commercial and regulatory infrastructure.
Why it matters — PTCT watchers would care because this deal could expand the company's rare disease pipeline with a potential one-time gene therapy treatment while capitalizing on its established commercial and regulatory infrastructure.