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Impacts ~25% of the company and includes employees working on early-stage research programs and NJ gene therapy manufacturing facility.
October 3, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
PTC Therapeutics, Inc. is implementing a further strategic prioritization and associated workforce reduction. The portfolio prioritization continues the process initiated in May 2023 to focus resources on its differentiated, high potential R&D programs and on support of the global commercial infrastructure. The company also plans to submit the re-examination request for the CHMP opinion on Translarna. The workforce reduction impacted approximately 25% of the organization, and primarily i...
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