On Air Now

Listen

Listen Live Now » 92.9 FM Lansing, Michigan

Weather

Current Conditions(Holt,MI 48842)

More Weather »
73° Feels Like: 73°
Wind: SW 9 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Scattered Thunderstorms 84°

Tonight

Scattered Thunderstorms 67°

Tomorrow

AM Clouds/PM Sun 78°

Alerts

PTC shares soar on EU backing for muscular dystrophy drug

LONDON (Reuters) - Shares in U.S. biotech company PTC Therapeutics more than doubled in premarket dealings on Friday after European regulators recommended a conditional marketing authorization for Translarna, its drug for Duchenne muscular dystrophy.

European Medicines Agency experts had adopted a negative opinion on the drug in January.

Conditional marketing authorization is an early access mechanism for medicines that address an unmet medical need for patients suffering from life-threatening diseases, even if comprehensive clinical data are not yet available.

(Reporting by Ben Hirschler, Editing by Paul Sandle)

Comments