NEW YORK, NY / ACCESSWIRE / December 13, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Proteostasis Therapeutics, Inc. (NASDAQ: PTI), a clinical stage biopharmaceutical company developing small molecule therapeutics to treat cystic fibrosis (CF) and other diseases caused by dysfunctional protein processing.
The company announced positive clinical result with the three-drug combination it is developing for the treatment of cystic fibrosis.
On Tuesday, December 12, 2017, in intra-day trading, PTI shares were at $6.30 (+168.09%) on traded volume of 25.9 million shares. The average daily trading volume was 148 thousand prior to yesterday.
Read the new clinical results, and see the analysts target price, here READ MORE
Copy and paste to your browser may be required to view the report - http://bit.ly/2BfS2xr-PTI-Report
The company's proprietary DRT™ (Disease-Relevant Translation) platform utilizes pertinent phenotypic assays and disease-relevant models to identify molecules that act on the protein homeostasis pathways within the cell to elicit higher CFTR mediated chloride currents, thereby helping to restore CFTR function in CFTR-mutated cells.
Cystic fibrosis (CF) is a life-limiting autosomal recessive disorder that affects 70,000 individuals worldwide. Improvement in disease management protocols and approval of new drugs that treat CF symptoms have extended life expectancy-some CF patients now live beyond 40 years. However, CF remains an incurable disease that leads to premature death.
Look at the PTI pipeline and get a financial review here READ MORE
Copy and paste to your browser may be required to view the report - http://bit.ly/2BfS2xr-PTI-Report
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