Recent Updates
Recently added Catalysts
PTCT Positive Sentiment Score: 85/100

PTC Therapeutics Launches 9th Annual STRIVE™ Awards Program to Fund Initiatives Benefitting the Duchenne Muscular Dystrophy Community PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced the launch of the ninth annual STRIVE™ awards program. Through this program, PTC awards grants...

Key Takeaway: PTC Therapeutics has launched the ninth annual STRIVE awards program aimed at supporting initiatives for the Duchenne Muscular Dystrophy community. The program invites patient advocacy organizations to submit projects that foster innovation or help with the transition to adulthood for those living with Duchenne. Since its inception in 2015, STRIVE has funded 39 initiatives globally, addressing the needs of the Duchenne community. The application deadline for this year's awards is March 17, 2023, and recipients will be announced in September.

Market Sentiment Analysis

POSITIVE FACTORS

  • Launch of annual STRIVE awards program demonstrates commitment to innovation.
  • Funding initiatives will significantly benefit the Duchenne community.
  • Positive impact on life expectancy and quality of life for Duchenne patients.

Full Press Release Details

- 2023 Program to Focus on Innovation and Transition to Adulthood Initiatives –
- Submissions Due March 17, 2023 -
SOUTH PLAINFIELD, N.J. , Jan. 17, 2023 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT ) today announced the launch of the ninth annual STRIVE™ awards program. Through this program, PTC awards grants to patient advocacy organizations who are committed to developing initiatives that address the needs of the Duchenne Muscular Dystrophy (Duchenne) community. Organizations may submit entries to fund 2023 projects focused on one of two categories: Innovation or Transition to Adulthood .
"For 25 years, we have remained committed to supporting the Duchenne community," said Mary Frances Harmon , Senior Vice President, Corporate Relations, PTC Therapeutics. "We created STRIVE in 2015 to encourage and reward innovation by patient advocacy organizations by supporting their unique ideas and programs that help to address the needs of people living with Duchenne around the world. We are excited to see the 2023 submissions."
Duchenne is the most common form of muscular dystrophy among children and, until recently, those living with Duchenne usually did not live beyond their teens 1 ; however, improvements in the treatment and management of Duchenne have increased life expectancy, and now many Duchenne patients are living well into their 30s and 40s. 1,2 As a result, there is an increasing need for psychosocial support for the Duchenne community. 3 The future for people living with Duchenne is broadening and innovative programs that provide support and encourage independence are of infinite value.
Since its inception, STRIVE has supported 39 patient-focused initiatives from not-for-profit organizations in 20 countries. Past STRIVE grant recipients have developed programs to support the transition from adolescence to adulthood, improved access to diagnosis and treatment, supplied vital physical and social care to those affected and their caregivers, created career opportunities for adults with Duchenne and raised awareness of the disease in educational, public, and healthcare settings.
The 2023 application process is now open and the deadline for submissions is March 17, 2023 . Eligible organizations may submit proposals through an application form available on PTC's STRIVE website . The 2023 STRIVE grant award recipients will be announced in September.
PTC launched the Strategies to Realize Innovation, Vision, and Empowerment (STRIVE) Awards program in 2015 to support initiatives that benefit the Duchenne community by increasing awareness, diagnosis and education and fostering the development of future patient advocates. Each year, an independent panel of external experts with knowledge in rare diseases, patient advocacy and funding initiatives judges the entries for innovation, vision, and empowerment. For more information about the program and support with writing grant entries, please visit the STRIVE website .
Primarily affecting males, Duchenne muscular dystrophy (Duchenne) is a rare and fatal genetic disorder that results in progressive muscle weakness from early childhood and leads to premature death in the mid-twenties due to heart and respiratory failure. It is a progressive muscle disorder caused by the lack of functional dystrophin protein. Dystrophin is critical to the structural stability of all muscles, including skeletal, diaphragm, and heart muscles. Patients with Duchenne can lose the ability to walk as early as age ten, followed by loss of the use of their arms. Duchenne patients subsequently experience life-threatening lung complications, requiring the need for ventilation support and heart complications in their late teens and twenties.
More information regarding Duchenne is available through the Muscular Dystrophy Association and the Parent Project Muscular Dystrophy. Additionally, information and resources are available at www.duchenneandyou.com .
For More Information:
Media: Jeanine Clemente (908) 912-9406 [email protected]
Patient Organizations: Mary Frances Harmon (973) 960-5227 [email protected]
SOURCE PTC Therapeutics, Inc.

21 %

Frequently Asked Questions

What is the STRIVE awards program?

The STRIVE awards program grants funds to organizations supporting the Duchenne community.

Who can apply for STRIVE grants in 2023?

Patient advocacy organizations addressing Duchenne needs can submit grant applications.

What are the submission deadlines for STRIVE 2023?

Submissions for the 2023 STRIVE program are due by March 17, 2023.

When will the 2023 STRIVE grant recipients be announced?

The recipients of the 2023 STRIVE grants will be announced in September.

What does Duchenne muscular dystrophy primarily affect?

Duchenne primarily affects males and leads to progressive muscle weakness.

Last updated: Jan 17, 2023