On October 27, 2022, PTC Therapeutics, Inc., a global biopharmaceutical company focused on the discovery, development and commercialization of clinically differentiated medicines for patients with rare disorders, announced that it has entered into a strategic financing collaboration with Blackstone for up to $1 billion in funding. The collaboration, which provides PTC with an initial $500 million commitment, will support PTC's mission to bring transformative medicines to patients by accelerating its pipeline and business development opportunities.
The WilmerHale team advising PTC Therapeutics was led by Brian Johnson and George Shuster and included Nathan Moore, Hilary Baker-Jennings, Jana Lama and Emily Powers.