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Protalix BioTherapeutics (PLX)

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Earnings summaries and quarterly performance for Protalix BioTherapeutics.

Recent press releases and 8-K filings for PLX.

Protalix BioTherapeutics and Chiesi Global Rare Diseases Receive Positive CHMP Opinion for Elfabrio Dosing Regimen
PLX
Product Launch
New Projects/Investments
  • The Committee for Medicinal Products for Human Use (CHMP) issued a positive opinion recommending approval of a 2 mg/kg every-four-weeks (E4W) dosing regimen for Elfabrio® (pegunigalsidase alfa) in adult Fabry disease patients in the EU.
  • If approved by the European Commission (EC) by March 2026, this new regimen aims to reduce treatment burden for eligible patients by extending infusion intervals.
  • Protalix BioTherapeutics is eligible to receive a $25 million regulatory milestone payment from Chiesi upon EC approval of the E4W dosing regimen.
  • The E4W dosing regimen for Elfabrio is not approved in the U.S., where the approved regimen remains 1 mg/kg every 2 weeks.
7 days ago
Protalix BioTherapeutics and Chiesi Global Rare Diseases Receive Positive CHMP Opinion for Elfabrio® Dosing Regimen
PLX
Product Launch
New Projects/Investments
  • The Committee for Medicinal Products for Human Use (CHMP) issued a positive opinion recommending approval of a 2mg/kg every-4-weeks (E4W) dosing regimen for pegunigalsidase alfa (Elfabrio®) in adult Fabry disease patients.
  • This extended dosing regimen is expected to reduce treatment burden for eligible patients, their families, and the healthcare system, as the current treatment requires infusions every two weeks.
  • A decision from the European Commission (EC) on this approval is anticipated by March 2026.
  • Protalix BioTherapeutics is eligible to receive a $25 million regulatory milestone payment from Chiesi if the E4W dosing regimen is approved by the EC.
7 days ago
Protalix BioTherapeutics receives positive CHMP opinion for new Fabry disease dosing regimen
PLX
Product Launch
Revenue Acceleration/Inflection
  • Chiesi Global Rare Diseases and Protalix BioTherapeutics received a positive opinion from the Committee for Medicinal Product for Human Use (CHMP) for a 2mg/kg every-4-weeks (E4W) dosing regimen of pegunigalsidase alfa for adult Fabry disease patients.
  • This positive opinion will be reviewed by the European Commission (EC), with a decision anticipated by March 2026.
  • If approved, this new dosing regimen aims to reduce the treatment burden for eligible adult patients by extending infusion intervals.
  • Protalix is eligible to receive a $25 million regulatory milestone payment from Chiesi if the E4W dosing regimen is approved by the EC.
7 days ago
Protalix BioTherapeutics Provides Business and Pipeline Update
PLX
New Projects/Investments
Guidance Update
  • Protalix BioTherapeutics, Inc. issued a letter to stockholders on January 5, 2026, detailing its strategic focus on building a profitable business and an innovative pipeline for rare diseases.
  • The company reported consistent commercial performance of Elfabrio® for Fabry disease with its partner Chiesi Global Rare Diseases, projecting it to capture 15% to 20% of the global Fabry market, which is expected to reach approximately $3.4 billion by 2030. An appeal outcome for the re-examination of Elfabrio's proposed 2 mg/kg every-four-weeks (E4W) dosing regimen by the European Medicines Agency is anticipated in Q1 2026, which does not affect the existing bi-weekly label.
  • Protalix is advancing PRX-115 for uncontrolled gout, with positive Phase 1 clinical data demonstrating a rapid and durable urate-lowering effect and good tolerability; the Investigational New Drug (IND) application for its Phase 2 trial became effective in October 2025, and clinical sites are now activated.
  • The company is also expanding its portfolio with a focus on rare kidney diseases, including PRX-119 and a new RNA-based collaboration with Secarna Pharmaceuticals.
Jan 5, 2026, 11:56 AM
Protalix BioTherapeutics Reports Q3 2025 Financial and Business Results
PLX
Earnings
New Projects/Investments
Guidance Update
  • Protalix BioTherapeutics, Inc. reported net income of $2.4 million, or $0.03 per share, for the third quarter ended September 30, 2025.
  • Total revenues for the third quarter of 2025 were $17.9 million, reflecting a 1% decrease compared to the same period in 2024. However, total revenues for the first nine months of 2025 increased by 24% to $43.6 million.
  • Research and development expenses for Q3 2025 increased by 50% to $4.5 million, primarily due to preparations for the planned Phase 2 clinical trial of PRX-115 for uncontrolled gout.
  • As of September 30, 2025, the company held $29.4 million in cash and cash equivalents and short-term bank deposits, which are expected to be sufficient for its capital needs for at least 12 months.
  • A re-examination was requested in November 2025 regarding the negative opinion issued by the Committee for Medicinal Products for Human Use (CHMP) on the proposed 2 mg/kg dosing regimen for Elfabrio.
Nov 13, 2025, 11:54 AM
Protalix BioTherapeutics Seeks EMA Re-examination for Elfabrio Dosing Regimen
PLX
New Projects/Investments
  • Protalix BioTherapeutics, Inc. and its partner Chiesi Global Rare Diseases have requested a re-examination from the European Medicines Agency (EMA) regarding a negative opinion for an alternative dosing regimen of Elfabrio® (pegunigalsidase alfa).
  • The negative opinion specifically concerns the proposed 2 mg/kg body weight infused every four weeks (E4W) dosing regimen for Elfabrio.
  • The existing marketing authorization for Elfabrio's 1 mg/kg every two weeks (E2W) dosing regimen in the EU remains in effect.
  • Elfabrio is indicated for the treatment of adults with confirmed Fabry disease and received approval from both the FDA and EMA in May 2023.
Nov 3, 2025, 9:44 PM
Protalix BioTherapeutics receives negative EU opinion for Elfabrio dosing regimen
PLX
New Projects/Investments
  • The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) issued a negative opinion on the request to approve the every four-week dosing regimen for Elfabrio (pegunigalsidase alfa) in the EU; the every two-week dosing regimen remains approved.
  • Protalix reported $53 million in revenue for FY 2024 and had $33.4 million in cash as of June 30, 2025, with a projected cash runway into 2027.
  • The company expects to start a Phase 2 study for PRX-115, a treatment for uncontrolled gout, in Q4 2025.
Oct 17, 2025, 12:08 PM
Protalix BioTherapeutics Provides Business Update and Outlines Key Catalysts
PLX
Product Launch
New Projects/Investments
Guidance Update
  • Protalix BioTherapeutics, leveraging its plant cell technology, has two approved drugs: Elelyso for Gaucher disease, generating $22-$24 million annually , and Elfabrio for Fabry disease, licensed to Chiesi, with anticipated $100-$120 million in net royalties by the end of the decade from a projected $3.2 billion market.
  • The company's most advanced pipeline asset, PRX-115 for uncontrolled severe gout, is set to begin its Phase 2 trial in November 2025, with top-line results anticipated in late H1 or early H2 2027.
  • Protalix reported approximately $34 million in cash as of the end of Q2 2025 and zero debt, confirming it is funded for day-to-day operations.
  • A near-term catalyst includes the CHMP opinion on a once-a-month dosing regimen for Elfabrio, expected by mid to late October 2025.
Sep 16, 2025, 2:30 PM
Protalix BioTherapeutics Discusses Commercial Portfolio, Pipeline, and Financial Position
PLX
Product Launch
New Projects/Investments
Guidance Update
  • Protalix BioTherapeutics utilizes a unique plant cell-based technology for expressing complex human proteins, offering advantages such as lower setup costs and no viral contamination risk compared to mammalian cell systems.
  • The company has two approved drugs: Elelyso for Gaucher disease, generating $22-$24 million annually from Pfizer and Bio-Manguinhos, and Elfabrio for Fabry disease, licensed to Chiesi, with potential net royalties of $100-$120 million annually by the end of the decade, plus significant milestones.
  • A key pipeline asset, PRX-115 for uncontrolled severe gout, is expected to begin its Phase 2 trial with the first patient in November, following promising Phase 1 results suggesting a potential once every six to eight weeks dosing regimen.
  • Upcoming catalysts include the CHMP opinion on Elfabrio's once-a-month dosing regimen, expected by mid to late October, and the initiation of the PRX-115 Phase 2 trial.
  • Protalix is well-capitalized with approximately $34 million in cash as of the end of Q2 and zero debt, funding its day-to-day operations.
Sep 16, 2025, 2:30 PM
Protalix BioTherapeutics Highlights Commercial Portfolio and Pipeline at Investor Summit
PLX
New Projects/Investments
Guidance Update
CFO Change
  • Protalix BioTherapeutics, leveraging its unique plant cell technology, has two approved drugs: Elelyso for Gaucher disease (licensed to Pfizer) and Elfabrio for Fabry disease (licensed to Chiesi).
  • Elfabrio is projected to generate $100 million-$120 million in net royalties for Protalix by the end of the decade, alongside potential commercial milestones.
  • A significant near-term catalyst is the anticipated mid to late October decision from the EMA regarding approval of a once-a-month dosing regimen for Elfabrio.
  • The company's pipeline includes PRX-115 for uncontrolled severe gout, with a Phase II trial commencing in November and top-line results expected in H2 2027 or late H1 2027.
  • Protalix is well-capitalized with approximately $34 million as of the end of Q2, zero debt, and is funded for its ongoing operations.
Sep 16, 2025, 2:30 PM