PTC THERAPEUTICS RECEIVES $1 MILLION GRANT AWARD FROM THE NATIONAL INSTITUTES OF HEALTH (NIH) TO SUPPORT RESEARCH FOR A TREATMENT FOR DENGUE FEVER

SOUTH PLAINFIELD, NJ – October 22, 2012 – PTC Therapeutics, Inc. (PTC) today announced the receipt of a $1 million grant award from the National Institute of Allergy and Infectious Diseases (NIAID) of the National Institutes of Health (NIH) to discover antiviral agents for the treatment of dengue fever, a mosquito-borne disease that is a leading cause of illness and death in tropical and subtropical regions around the world. The one-year grant will support research into promising compounds identified by PTC’s proprietary GEMS™ (Gene Expression Modulation by Small-molecules) technology that demonstrate activity against the dengue virus (DENV). Continue reading

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Author:NJ Tech Council

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