PTC Therapeutics Forecasts Up to $800 Million in 2025 Revenues

Published 11 hours agoPTCT

PTC Therapeutics Forecasts Up to $800 Million in 2025 Revenues

PTC Therapeutics has announced its financial expectations for 2025, projecting total revenues between $600 million and $800 million. This forecast includes income from existing products, new product launches, and royalties from Evrysdi. As part of its broader business strategy, the company is pursuing a robust product pipeline expected to support these revenue goals.

The pharmaceutical company's anticipated expenses for 2025 are substantial, with expected GAAP R&D and SG&A costs ranging between $805 million and $835 million. In non-GAAP terms, which exclude estimated non-cash stock compensation of $75 million, these expenses are expected to be between $730 million and $760 million. Reuters reported that these figures reflect PTC's substantial investment in research and development and its strategic operational initiatives.

PTC's recent collaboration with Novartis marks a significant achievement. Closing a licensing agreement for the PTC518 Huntington's disease program has provided an immediate $1.0 billion boost, with further milestone payments of up to $1.9 billion possible. Additionally, PTC stands to gain a 40% profit share from U.S. sales and enjoy tiered royalties outside the U.S. This partnership has significantly improved PTC's financial standing, leaving the company with a cash position over $2.0 billion as of January 2025, thus positioning it strongly for future endeavors.

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