NEW YORK, June 20, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of PTC Therapeutics (Nasdaq:PTCT), a biopharmaceutical company focused on discovery, development, and commercialization of orally administered small-molecule drugs that regulate the rate and timing of protein production, commenced on The NASDAQ Stock Market on June 20, 2013.
PTC Therapeutics targets their development programs for the post-transcriptional control processes which regulates the rate and timing of protein production and are extremely important to proper cellular function. PTC's pipeline addresses a variety of therapeutics areas including rare genetic disorders, oncology and infectious diseases. The company is headquartered in South Plainfield, New Jersey.
"Since its inception, PTC Therapeutics has consistently been an innovative company committed to developing treatment for multiple rare disorders and diseases," said Nelson Griggs, Senior Vice President, NASDAQ OMX Corporate Client Group. "We are thrilled to welcome PTC Therapeutics to The NASDAQ Stock Market, and look forward to supporting them as a public company."
Since its inception, NASDAQ OMX has consistently been the exchange of choice for progressive and cutting-edge health care companies like PTC Therapeutics. Year-to-date in 2013, NASDAQ has welcomed over 80% percent of the health care companies that have listed on U.S. markets.
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