PTC Therapeutics Inc
NASDAQ:PTCT
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Gross Margin
PTC Therapeutics Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 3.6B USD |
Gross Margin |
92%
|
Country | FR |
Market Cap | 6T USD |
Gross Margin |
0%
|
Country | US |
Market Cap | 310.2B USD |
Gross Margin |
67%
|
Country | US |
Market Cap | 142B USD |
Gross Margin |
60%
|
Country | US |
Market Cap | 115B USD |
Gross Margin |
78%
|
Country | US |
Market Cap | 101.6B USD |
Gross Margin |
86%
|
Country | US |
Market Cap | 94.1B EUR |
Gross Margin |
76%
|
Country | AU |
Market Cap | 134.4B AUD |
Gross Margin |
52%
|
Country | US |
Market Cap | 78.5B USD |
Gross Margin |
87%
|
Country | US |
Market Cap | 39.3B EUR |
Gross Margin |
75%
|
Country | NL |
Market Cap | 36B EUR |
Gross Margin |
89%
|
PTC Therapeutics Inc
Glance View
Nestled in the heart of the biotechnology sector, PTC Therapeutics Inc. has carved a distinctive niche by foregrounding innovative genetic approaches to combat rare diseases. Founded in 1998, the company harnesses the power of science and technology to address unmet medical needs, focusing primarily on disorders originating from genetic mutations that disrupt cellular systems. At its core, PTC leverages its expertise in the discovery and development of small molecule drugs and gene therapies, an endeavor propelled by its proprietary technology platforms such as SmRT (suppressor of nonsense mutations readthrough) and dystrophin restoration technologies. These platforms enable PTC to target and modify specific gene expressions, offering potential treatments for conditions such as Duchenne muscular dystrophy (DMD) and spinal muscular atrophy (SMA), which have historically eluded effective therapies. The company’s revenue generation pivots on two key streams: product sales and strategic collaborations. By marketing its FDA-approved therapies like Translarna and Emflaza for rare genetic disorders, PTC secures a steady flow of income that underscores its sustainable business model. Additionally, PTC forms strategic alliances and collaborative agreements with pharmaceutical giants, fostering a vibrant environment of shared knowledge and resources. These partnerships not only bolster its research and development capabilities but also offer potential milestone payments and royalties, further strengthening its financial portfolio. In this symbiotic landscape, PTC Therapeutics continues to navigate the complexities of biotech development, striving to transform the challenges of rare diseases into treatment opportunities, thereby weaving innovation into the very fabric of business efficacy.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on PTC Therapeutics Inc's most recent financial statements, the company has Gross Margin of 92.2%.