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0 0 0.0451127819548873 -0.0300751879699248 -0.0225563909774436 -0.0601503759398497 -0.0864661654135338 -0.120300751879699
Stock impact report

Protalix BioTherapeutics Reports Fiscal Year 2025 Financial and Business Results

Protalix BioTherapeutics, Inc. (DE) (PLX) 
Company Research Source: PR Newswire
Company to host conference call and webcast today at 8:00 a.m. EDTThe European Commission (EC) approved the 2mg/kg every-4-weeks (E4W) dosing regimen for Elfabrio® in adults living with Fabry disease providing a meaningful reduction in treatment burden without compromising efficacyThe EC approval triggered the Company's entitlement to a $25.0 million milestone payment from Chiesi, strengthening the Company's cash position and supporting an expected cash balance of approximately $50.0 million by April 2026Based on current estimates, management expects total revenues in 2026 to range from approximately $78.0 million to $83.0 million including the $25.0 million payment referenced aboveThe Phase 2 clinical trial of PRX–115 is actively enrolling; the Company believes PRX-115 has the potential to be a best-in-class therapy, improving uncontrolled gout patients' compliance and outcomesContinued strategic focus on rare renal diseases to build a pipeline through innovation and partnershipsCARM Show less Read more
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