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PTC Therapeutics Appoints Experienced Healthcare Finance Strategist Pierre Gravier as Chief Financial Officer PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced the appointment of Pierre Gravier to the role of Chief Financial Officer (CFO). Mr. Gravier...

Key Takeaway: PTC Therapeutics, Inc. has appointed Pierre Gravier as its new Chief Financial Officer. Gravier, who has over 17 years of experience in investment banking and healthcare, previously worked at Perella Weinberg Partners, advising companies on finance strategies. His extensive background is expected to contribute positively to PTC's future plans and patient-focused initiatives. The CEO expressed confidence in Gravier's capabilities and vision for transformational therapies.

Market Sentiment Analysis

POSITIVE FACTORS

  • Pierre Gravier brings over 17 years of relevant experience in finance and healthcare.
  • His appointment is seen as a significant boost to PTC's leadership and future strategy.
  • Gravier has previously advised biopharmaceutical companies on financial strategy, which is valuable for PTC.

Full Press Release Details

SOUTH PLAINFIELD, N.J. , July 17, 2023 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT ) today announced the appointment of Pierre Gravier to the role of Chief Financial Officer (CFO). Mr. Gravier brings more than 17 years of experience as an investment banker, venture capitalist and scientist to PTC. Most recently, Pierre was a managing director in the healthcare group of Perella Weinberg Partners, a leading independent global advisory firm. At Perella Weinberg, he focused on advising companies in the biopharmaceutical and pharmaceutical sectors on finance strategy and corporate development.
"We are incredibly excited to have Pierre as part of PTC's leadership team," said Matthew B. Klein , M.D., Chief Executive Officer, PTC Therapeutics. "Pierre's extensive global experience in finance and healthcare advisory will be incredibly helpful as we continue to build the PTC of tomorrow. Having known Pierre over the past several years, I am confident his knowledge, experience and passion to help patients make him a great addition to the PTC family."
Prior to joining Perella Weinberg, Pierre worked as a healthcare investment banker at Barclays Capital in London . Previously, he was a venture capital analyst at Société Générale Asset Management in Paris , where he focused on early-stage investments in the biotechnology sector. Mr. Gravier began his career as a scientist at Ferring Pharmaceuticals. Pierre holds a master's degree in finance from ESCP Business School and a Master of Science in bioengineering from the University of Technology of Compiègne.
"I am excited to join the patient-focused and mission-driven PTC team and look forward to supporting our continued efforts to deliver transformational therapies to patients with high unmet medical need," said Pierre Gravier .
For More Information:
Investors: Kylie O'Keefe +1 (908) 300-0691 [email protected]
Media: Jeanine Clemente +1 (908) 912-9406 [email protected]
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. All statements contained in this release, other than statements of historic fact, are forward-looking statements, including statements regarding PTC's strategy, future operations, future financial position, future revenues, projected costs; and the objectives of management. Other forward-looking statements may be identified by the words "guidance," "plan," "anticipate," "believe," "estimate," "expect," "intend," "may," "target," "potential," "will," "would," "could," "should," "continue," and similar expressions.
PTC's actual results, performance or achievements could differ materially from those expressed or implied by forward-looking statements it makes as a result of a variety of risks and uncertainties, including the factors discussed in the "Risk Factors" section of PTC's most recent Annual Report on Form 10-K as well as any updates to these risk factors filed from time to time in PTC's other filings with the SEC. You are urged to carefully consider all such factors.
The forward-looking statements contained herein represent PTC's views only as of the date of this press release and PTC does not undertake or plan to update or revise any such forward-looking statements to reflect actual results or changes in plans, prospects, assumptions, estimates or projections, or other circumstances occurring after the date of this press release except as required by law.
SOURCE PTC Therapeutics, Inc.

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Frequently Asked Questions

Who has been appointed as CFO of PTC Therapeutics?

Pierre Gravier has been appointed as the Chief Financial Officer of PTC Therapeutics.

What is Pierre Gravier's background before PTC?

Pierre Gravier has over 17 years of experience in finance, healthcare, and science.

What did Matthew B. Klein say about Pierre Gravier?

Matthew B. Klein expressed excitement over Pierre's leadership and expertise at PTC.

Where did Pierre Gravier work before joining PTC?

Pierre was a managing director at Perella Weinberg Partners in the healthcare group.

What degrees does Pierre Gravier hold?

He holds a master's in finance and a Master of Science in bioengineering.

Last updated: Jul 17, 2023