“The increase to the intangible assets balance was primarily related to Upstaza/ Kebildi and Sephience intangible assets recorded as a result of the regulatory approvals as well as the Censa Rights Satisfaction Agreement, which increased the corresponding amor…”10-Q · May 7, 2026 ↗
PTC Therapeutics, Inc.
PTCT
Market read
PTC Therapeutics, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
- Regulatory approvals for Upstaza/Kebildi and Sephience led to recording intangible assets and increased amortization; monitor intangible asset balances and amortization tied to these products.
Invalidation: The isolated read changes if PTCT's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Regulatory approvals for Upstaza/Kebildi and Sephience led to recording intangible assets and increased amortization; monitor intangible asset balances and amortization tied to these products.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +114.5% year over year.
- Operating margin changed +87.6 percentage points in the latest annual period.
- Net margin changed +84.5 percentage points in the latest annual period.
- Operating cash flow covered net income at 1.04x in the latest annual period.
- Diluted shares increased 14.9% in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 10, 2026
67.39Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The increase to the intangible assets balance was primarily related to Upstaza/ Kebildi and Sephience intangible assets recorded as a result of the regulatory approvals as well as the Censa Rights Satisfaction Agreement, which increased the corresponding amor…”10-Q · May 7, 2026 ↗
“The increase in interest expense, net was primarily due to an increase in interest expense related to the liability for the sale of future royalties related to the A&R Royalty Purchase Agreement.”10-Q · May 7, 2026 ↗
“The impairment was related to a decrease in projected cash flows due to refinements in current market assumptions and the timing of patient treatments.”10-K · Feb 19, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 3.4× · EV/sales 2.9×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for PTCT. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for PTCT. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind PTCT
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
CLPTClearPoint Neuro, Inc.supplierNov 4, 2025 ▾
“In January 2020, the Company purchased a $ 10.0 million convertible note from ClearPoint that was convertible into ClearPoint shares at a conversion rate of $ 6.00 per share at any point throughout the term of the loan, with a maturity date five years from th…”
BXBlackstone Inc.lenderFeb 19, 2026 ▾
“In October 2023, we terminated the Blackstone Credit Agreement.”
Depended on by
EWTXEdgewise Therapeutics, Inc.partnerFeb 26, 2026 ▾
“In June 2022, PTC Therapeutics presented new topline results with Translarna (ataluren), for patients with nonsense mutation Duchenne, a subset of the disease that impacts between 10% and 15% of patients.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
PTCT is currently a Leader in the organic co-movement group Biotechnology. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for PTCT; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.