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Stock impact report

Protalix Bio's OPRX-106 shows positive action in mid-stage UC study; shares up 5% premarket [Seeking Alpha]

Protalix BioTherapeutics, Inc. (DE) (PLX) 
Company Research Source: Seeking Alpha
Protalix Bio's OPRX-106 shows positive action in mid-stage UC study; shares up 5% premarketNano cap Protalix BioTherapeutics (NYSEMKT:PLX) is up5% premarket on increased volume in response to itsannouncement of updated results from a Phase 2 clinical trial assessing OPRX-106 in patients with moderately active ulcerative colitis (UC).In 24 patients who received either a daily oral 2 mg or 8 mg dose of OPRX-106 for eight weeks, the clinical response rate was 67% including 28% who experienced clinical remission. 72% showed improvements in rectal bleeding scores.Complete results will be submitted for presentation at a future medical conference.OPRX-106 is a plant cell-expressed recombinant human tumor necrosis factor receptor II fused to a protein called IgG1 Fc. The company says the plant cells function as a natural delivery capsule they pass through the digestive tract by virtue of their cellulose cell walls.Previously:Protalix up 9% premarket on positive interim data on OPRX-106 in UC Show less Read more
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