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0.00440528634361244 0.00440528634361244 0 0.00440528634361244 -0.00440528634361224 -0.00440528634361224 -0.00440528634361224 -0.00440528634361224
Stock impact report

PLX: First Quarter Update [Yahoo! Finance]

Protalix BioTherapeutics, Inc. (DE) (PLX) 
Company Research Source: Yahoo! Finance
Protalix Biotherapeutics, Inc. (NYSE:PLX) announced first quarter 2024 financial and operational results in a May 10th, 2024 press release and in the filing of Form 10-Q . The reports were followed by a conference call which discussed recent achievements, regulatory updates and financial performance. Since the beginning of the year, with respect to Elfabrio (PRX-102) partner Chiesi has continued its commercialization activities, obtained additional approvals and launched new studies for a pediatric indication and for approval in Japan. Revenues for 1Q:24 were $3.7 million, which consisted almost entirely of product sales which produced a net loss of ($4.6) million or ($0.06) per share. Financial results for the quarter ending March 31st, 2024, compared to prior year comparable period: ? Revenues were $3.7 million, down 61% from $9.6 million on lower revenues from both Pfizer and Brazil. Research and development revenues were also down sharply as responsibility for further devel Show less Read more
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