PLX - Protalix Biotherapeutics

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Protalix Biotherapeutics NYSE MKT LLC:PLX Protalix is a biopharmaceutical company focused on the development and commercialization of recombinant therapeutic proteins expressed through its proprietary plant cell-based expression system, ProCellEx®. Protalix was the first company to gain U.S. Food and Drug Administration (FDA) approval of a protein produced through plant cell-based in suspension expression system. Protalix's unique expression system represents a new method for developing recombinant proteins in an industrial-scale manner. Protalix's first product manufactured by ProCellEx, taliglucerase alfa, was approved for marketing by the FDA in May 2012 and, subsequently, by the regulatory authorities of other countries. Protalix has licensed to Pfizer Inc. the worldwide development and commercialization rights for taliglucerase alfa, excluding Brazil, where Protalix retains full rights. Protalix's development pipeline consists of proprietary versions of recombinant therapeutic proteins that target established pharmaceutical markets, including the following product candidates: pegunigalsidase alfa, a modified version of the recombinant human α–Galactosidase–A protein for the proposed treatment of Fabry disease; OPRX–106, an orally–delivered anti-inflammatory treatment; alidornase alfa or PRX-110, for the treatment of various human respiratory diseases or conditions; PRX–115, a plant cell-expressed recombinant PEGylated Uricase for the treatment of gout; and others. Protalix has partnered with Chiesi Farmaceutici S.p.A., both in the United States and outside the United States, for the development and commercialization of pegunigalsidase alfa, and with SarcoMed USA, Inc. for the worldwide development and commercialization of PRX–110 for use in the treatment of any human respiratory disease or condition including, but not limited to, sarcoidosis, pulmonary fibrosis, and other related diseases via inhaled delivery.

Location: Karmiel, 2161401, Israel | Website: www.protalix.com | Industry: Biological Product (except Diagnostic) Manufacturing | Sector: Manufacturing


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52 Wk Range

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Avg Volume

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Enterprise Value

84.82M

Cash

45.03M

Avg Qtr Burn

-678.8K

Short % of Float

5.67%

Insider Ownership

14.53%

Institutional Own.

5.20%

Qtr Updated

06/30/24


Drug Pipeline

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Drug & IndicationStage & EventCatalyst Date
ELFABRIO (Pegunigalsidase alfa )(PRX-102) Details
Genetic disorder, Rare genetic disease

Approved

Update

Elelyso® (taliglucerase alpha) Details
Genetic disorder, Rare genetic disease

Approved

Quarterly sales

PRX-115 Details
Chronic refractory gout

Phase 1

Data readout

Alidornase alfa (PRX-110) Details
Genetic disorder, Rare genetic disease, Cystic fibrosis

Failed

Discontinued

OPRX-106 Details
Inflammatory disease, Bowel disorder

Failed

Discontinued