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Fly News Breaks for April 15, 2016
PTCT
Apr 15, 2016 | 13:48 EDT
The National Institute for Health and Care Excellence, or NICE, has recommended PTC Therapeutics' Translarna for ambulatory patients aged five years and older with nonsense mutation Duchenne muscular dystrophy inconnection with a Managed Access Agreement with NHS England. Barclays views the announcement as an incremental positive and said it could help build momentum for further reimbursement decisions across Europe. The firm rates PTC an Outperform with a $40 price target on shares.
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