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Protalix BioTherapeutics to Present at the Canaccord Genuity 43rd Annual Growth Conference Protalix BioTherapeutics, Inc. (NYSE American:PLX), a biopharmaceutical company focused on the development, production and commercialization of...

Key Takeaway: Protalix BioTherapeutics, Inc. announced that CEO Dror Bashan will present at the Canaccord Genuity 43rd Annual Growth Conference on August 9, 2023. The conference is taking place from August 7-10, 2023, in Boston, MA. Bashan's presentation will provide a corporate overview, and management will hold one-on-one meetings with registered investors. Protalix is focused on developing therapeutic proteins using its proprietary ProCellEx plant cell-based expression system, having already received FDA approval for products like Elfabrio and taliglucerase alfa.
Price reaction · baseline $1.6 (2023-07-31 close) · hit after-hours · clean, no other PLX news in the window
day 0 close · peak
+1.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Dror Bashan, the CEO, will present at a prominent conference.
  • The company has a unique plant-cell based system for protein production.
  • Protalix has received FDA approval for its products, indicating regulatory success.
  • The company is engaging with investors through one-on-one meetings.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+52%
120-day peak, hindsight
Typical move
10.5%
average across 3 past catalysts
Cash runway
~8 mo
Medium dilution risk
Lead asset
PRX-115
Phase 2 · Gout

Full Press Release Details

CARMIEL, Israel , Aug. 1, 2023 /PRNewswire/ -- Protalix BioTherapeutics, Inc. (NYSE American:PLX), a biopharmaceutical company focused on the development, production and commercialization of recombinant therapeutic proteins produced by its proprietary ProCellEx ® plant cell–based protein expression system, today announced that Dror Bashan , the Company's President and Chief Executive Officer, will present on Wednesday, August 9, 2023 at 3:30 p.m. Eastern Daylight Time (EDT) at the Canaccord Genuity 43rd Annual Growth Conference. The conference is being held on August 7-10, 2023 at the InterContinental Boston Hotel, Boston, MA.
Mr. Bashan will provide a live corporate overview at the conference, and the Company's management will participate in one-on-one meetings on August 7-9 with investors who are registered to attend the conference. A live and archived webcast of Mr. Bashan's presentation will be available as follows:
Live Presentation and Webcast Details:
Wednesday, August 9, 2023 at 3:30 p.m. Eastern Daylight Time (EDT)
Webcast Registration and Link: https://tinyurl.com/ms7sy4hu
The webcast will be available for replay for at least two weeks on the Events Calendar of the Investors section of the Company's website, https://protalixbiotherapeutics.gcs-web.com/events0 .
About Protalix BioTherapeutics, Inc.
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. It is the first company to gain U.S. Food and Drug Administration (FDA) approval of a protein produced through a plant cell-based in suspension expression system. This unique expression system represents a new method for developing recombinant proteins in an industrial-scale manner. Protalix has licensed to Pfizer Inc. the worldwide development and commercialization rights to taliglucerase alfa for the treatment of Gaucher disease, Protalix's first product manufactured through ProCellEx, excluding in Brazil , where Protalix retains full rights. Protalix's second product, Elfabrio ® , was approved by both the FDA and the European Medicines Agency in May 2023 . Protalix has partnered with Chiesi Farmaceutici S.p.A. for the global development and commercialization of Elfabrio.
Protalix's development pipeline consists of proprietary versions of recombinant therapeutic proteins that target established pharmaceutical markets, including the following product candidates: PRX-115, a plant cell-expressed recombinant PEGylated uricase for the treatment of severe gout; PRX-119, a plant cell-expressed long action DNase I for the treatment of NETs-related diseases; and others.
Investor Contact
Chuck Padala , Managing Director LifeSci Advisors +1-646-627-8390 [email protected]

Frequently Asked Questions

When will Dror Bashan present at the conference?

Dror Bashan will present on August 9, 2023, at 3:30 p.m. EDT.

How can I access the live presentation?

You can register for the live webcast at https://tinyurl.com/ms7sy4hu.

What is Protalix BioTherapeutics known for?

Protalix focuses on developing recombinant therapeutic proteins through its ProCellEx system.

What is Elfabrio® approved for?

Elfabrio® is approved for use by both the FDA and EMA as of May 2023.

What are Protalix's main product candidates?

Key candidates include PRX-115 for gout and PRX-119 for NETs-related diseases.

Last updated: Aug 1, 2023