Company Profile
PTC Therapeutics
Company Overview
At PTC, we are committed to a single purpose: Extending life’s moments for patients with rare diseases and their loved ones.
Our mission is to provide access to best-in-class treatments for rare disease patients who have little to no treatment options. Whether our therapies grant hours, days, months or years, every small moment is an enormous win – so our greatest accomplishments are “measured by moments.”
This mission underpins our focus on the discovery, development and global commercialization of clinically differentiated medicines that provide benefits to patients with rare disorders.
"I never wanted us to operate like the bigger pharma companies. To me, the ideal work environment is one where great minds collaborate to accomplish great things, where employees are as much family as they are colleagues, where nothing is taken at face value and rigorous debate helps push our research to higher levels. Every day, I consider myself incredibly lucky to come in and stand alongside such brilliant minds."
Stuart W. Peltz, Ph.D.
PTC Founder and CEO
As a science-driven, global biopharmaceutical company, we combine our strong clinical and scientific expertise with dedication to using groundbreaking science and new technologies to find innovative ways to treat these diseases, which can give patients and their families more moments.
Company History
Stu Peltz founded PTC Therapeutics as a mission-focused company in 1998. He had always been interested in RNA biology, which he viewed as a wide-open field for exploration. He also believed that if we could better understand how single strand RNA – a virtual “messenger” between DNA and other particles within cells, we could use that knowledge to develop new medicines.
PTC achieved historic breakthroughs in treating the rare disease Duchenne muscular dystrophy in 2003, and has continued to grow and evolve ever since. Through strategic acquisitions and unparalleled scientific research, our team of “brilliant minds” is “measured by moments” brought to patients and caregivers who face rare disease challenges like Duchenne, aromatic L-amino acid decarboxylase (AADC) deficiency, Huntington’s disease, spinal muscular atrophy and many more.
Benefits
Listed below are the benefits available to eligible full-time regular employees of PTC Therapeutics.
Health Insurance
PTC Therapeutics provides a comprehensive Health Plan that includes Medical and Dental coverage. Employees contribute a portion towards the Medical and Dental premiums through pre-tax payroll deductions. Eligibility for all Health Plans is immediate.
Income Protection
PTC Therapeutics provides a set of comprehensive Income protection benefits including Short-Term Disability (STD)/Long-Term Disability (LTD)/LIFE/Accidental Death & Dismemberment (AD&D) Insurance. Eligibility for all income protection plans is immediate.
Flexible Spending Accounts
PTC Therapeutics also provides a vehicle for tax savings under the Section 125 Plan, which includes Health Care and Dependent Care Expense Accounts. Eligibility is immediate.
Fidelity 401(k) Plan
PTC’s Fidelity 401(k) Plan is available for every employee, and provides many investment options, excellent customer service, and tools to manage your retirement account.
Time-Off Policy
PTC provides a comprehensive Time-Off Policy. PTC offers 10 paid holidays per year and two personal days that can be used at the employee’s discretion. In addition, for the first 7 years of employment, PTC employees accrue 3 weeks of vacation a year.
Family Planning Benefits
PTC offers a global benefit supporting families through every stage of fertility, planning and care – including adoption, donor-assisted and third-party reproduction.
Employee Assistance Program (EAP)
All PTC Therapeutics employees and their family members may access the confidential Health Resources EAP.
Tuition Reimbursement
PTC provides financial support for employees attending courses that support their work at PTC. All employees are immediately eligible.