Germany Seeks PTC Therapeutics (PTCT) Translarna Discount - Oppenheimer

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Go back to Germany Seeks PTC Therapeutics (PTCT) Translarna Discount - Oppenheimer

PTC Therapeutics Provides Update on German pricing and Reimbursement Process for Translarna™ (ataluren)

February 26, 2016 4:01 PM EST

SOUTH PLAINFIELD, N.J., Feb. 26, 2016 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that the company has had multiple discussions with the German Federal Association of the Statutory Health Insurances (GKV-SV) over the last several months to come to agreement on pricing and reimbursement.  Recently, these discussions transitioned into an arbitration process, which did not lead to an acceptable agreement.  As a result, PTC is considering delisting Translarna from the German pharmacy ordering system. Under these circumstances, patients and healthcare professionals may be able to access Translarna through a reimbursed... More