XML 89 R78.htm IDEA: XBRL DOCUMENT
v3.25.2

Subsequent events (Details) - USD ($) $ in Thousands |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended
--- | --- | --- | --- | --- | ---
Aug. 05, 2025 | Jul. 28, 2025 | Jun. 30, 2025 | Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Subsequent events |  |  |  |  |  |  |
Revenue |  |  |  | $ 178,875 | $ 186,704 | $ 1,354,971 | $ 396,822
Product |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Revenue |  |  |  | $ 118,329 | $ 133,220 | $ 271,755 | $ 310,824
Censa | Censa Merger Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Milestone obligation payments recorded |  |  | $ 25,000 |  |  |  |
Subsequent Event | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Maximum amount of upfront consideration | $ 250,000 |  |  |  |  |  |
Maximum amount of additional milestone payable | 100,000 |  |  |  |  |  |
Additional milestone payable for right holders | 500,000 |  |  |  |  |  |
Payment of upfront consideration | 225,000 |  |  |  |  |  |
Additional milestone obligated to be paid | $ 90,000 |  |  |  |  |  |
Subsequent Event | Annual net sales less than or equal to $250 million | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Percentage on annual net sales | 8.00% |  |  |  |  |  |
Subsequent Event | Annual net sales greater than $250 million but less than $500 million | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Percentage on annual net sales | 10.00% |  |  |  |  |  |
Subsequent Event | Annual net sales greater than $500 million | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Percentage on annual net sales | 12.00% |  |  |  |  |  |
Subsequent Event | First occurrence of a three or fewer consecutive calendar year period | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Threshold consecutive calendar period | 3 years |  |  |  |  |  |
Amount of net sales of product | $ 3,000,000 |  |  |  |  |  |
Subsequent Event | First occurrence of a five or fewer consecutive calendar year period | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Threshold consecutive calendar period | 5 years |  |  |  |  |  |
Amount of net sales of product | $ 5,000,000 |  |  |  |  |  |
Subsequent Event | First occurrence of a seven or fewer consecutive calendar year period | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Threshold consecutive calendar period | 7 years |  |  |  |  |  |
Amount of net sales of product | $ 7,000,000 |  |  |  |  |  |
Subsequent Event | First occurrence of a nine or fewer consecutive calendar year period | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Threshold consecutive calendar period | 9 years |  |  |  |  |  |
Amount of net sales of product | $ 9,000,000 |  |  |  |  |  |
Subsequent Event | First occurrence of a eleven or fewer consecutive calendar year period | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Threshold consecutive calendar period | 11 years |  |  |  |  |  |
Amount of net sales of product | $ 11,000,000 |  |  |  |  |  |
Subsequent Event | Minimum | Product | Annual net sales greater than $250 million but less than $500 million | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Revenue | 250,000 |  |  |  |  |  |
Subsequent Event | Minimum | Product | Annual net sales greater than $500 million | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Revenue | 500,000 |  |  |  |  |  |
Subsequent Event | Maximum | Product | Annual net sales less than or equal to $250 million | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Revenue | 250,000 |  |  |  |  |  |
Subsequent Event | Maximum | Product | Annual net sales greater than $250 million but less than $500 million | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Revenue | $ 500,000 |  |  |  |  |  |
Subsequent Event | Censa | Censa Merger Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Milestone obligation payments recorded |  | $ 32,500 |  |  |  |  |
Subsequent Event | Former Censa Securityholders | Rights Satisfaction Agreement |  |  |  |  |  |  |
Subsequent events |  |  |  |  |  |  |
Ownership percentage prior to merger | 90.00% |  |  |  |  |  |

X
- Definition Amount of additional milestone obligated to be paid. + References No definition available. + Details
Name: | ptct_AdditionalMilestonePaymentObligation
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum amount of additional milestone payable for each participating right holder. + References No definition available. + Details
Name: | ptct_MaximumAdditionalMilestonePayableForEachRightHolder
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum aggregate amount of additional milestone payable for participating right holders. + References No definition available. + Details
Name: | ptct_MaximumAdditionalMilestonePayableForRightHolders
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum amount of upfront consideration agreed by the entity to be paid. + References No definition available. + Details
Name: | ptct_MaximumUpfrontConsiderationAgreedToBePaid
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of milestone obligation payments recorded during the period. + References No definition available. + Details
Name: | ptct_MilestoneObligationsRecorded
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Minimum aggregate amount of net sales of product over the threshold consecutive period. + References No definition available. + Details
Name: | ptct_MinimumAggregateNetProductSalesOverThresholdConsecutivePeriod
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The equity interest held prior to merger agreement. + References No definition available. + Details
Name: | ptct_OwnershipPercentagePriorToMergerAgreement
Namespace Prefix: | ptct_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of cash outflow for payment of upfront consideration. + References No definition available. + Details
Name: | ptct_PaymentOfUpfrontConsideration
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Percentage on annual net sales payable on canceled and forfeited rights of participating right holders. + References No definition available. + Details
Name: | ptct_RightsForfeiturePercentageOfAnnualNetSalesPayable
Namespace Prefix: | ptct_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Threshold consecutive calendar period of first occurrence of milestone. + References No definition available. + Details
Name: | ptct_ThresholdConsecutiveCalendarPeriodOfFirstOccurrenceOfMilestone
Namespace Prefix: | ptct_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 220 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147476153/220-40-55-4 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 220 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147476153/220-40-55-14 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 8: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 9: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 924 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-4 + Details
Name: | us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
Name: | us-gaap_SubsequentEventLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ProductOrServiceAxis=us-gaap_ProductMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=ptct_CensaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=ptct_CensaMergerAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=ptct_RightsSatisfactionAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=ptct_AnnualNetSalesLessThanOrEqualTo250MillionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=ptct_AnnualNetSalesGreaterThan250MillionButLessThan500MillionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=ptct_AnnualNetSalesGreaterThan500MillionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=ptct_UponFirstOccurrenceOfThreeOrFewerConsecutiveCalendarYearPeriodMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=ptct_UponFirstOccurrenceOfFiveOrFewerConsecutiveCalendarYearPeriodMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=ptct_UponFirstOccurrenceOfSevenOrFewerConsecutiveCalendarYearPeriodMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=ptct_UponFirstOccurrenceOfNineOrFewerConsecutiveCalendarYearPeriodMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=ptct_UponFirstOccurrenceOfElevenOrFewerConsecutiveCalendarYearPeriodMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=ptct_FormerCensaSecurityholdersMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |