Protalix BioTherapeutics to Present at Three Upcoming Healthcare Conferences

Protalix BioTherapeutics to Present at Three Upcoming Healthcare

CARMIEL, Israel, May 29, 2012 /GlobeNewswire /Protalix BioTherapeutics,

Inc. (NYSE-AMEX:PLX, TASE:PLX), today announced that senior management will present at three upcoming conferences.

Details regarding the conferences are as follows:

Jefferies 2012 Global Healthcare Conference

Presenter: Mr. Yossi Maimon, Chief Financial Officer

Corporate Presentation

Monday, June 4, 2012 at 1:30 PM EDT

A webcast of this presentation will be available at www.protalix.com on the event

calendar page and a replay will be archived and available after the conference for 30 days.

2012 BIO International Convention

Presenter: Dr. David Aviezer, President and Chief Executive Officer

Session titled, "Neither

Beast nor Bird: Addressing Biomanufacturing Challenges with New Expression Systems."

Tuesday, June 19, 2012 at 10:00 AM EDT

Room 258B of the Boston Convention & Exhibition Center, MA

Corporate Presentation

Tuesday, June 19, 2012 at 3:45 PM EDT

Room 104A of the Boston Convention & Exhibition

Wells Fargo Securities Research & Economics

2012 Healthcare Conference

Presenter: Dr. David Aviezer, President and Chief Executive Officer

Corporate Presentation

Wednesday, June 20, 2012 at 9:30 AM EDT

InterContinental Boston, Boston, MA

A webcast of this presentation will be available at www.protalix.com on the event

calendar page and a replay will be archived and available after the conference for 30 days.

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(R). Protalix's unique expression system presents a proprietary method for developing recombinant proteins in a cost-effective,

industrial-scale manner. Protalix's first approved product manufactured by ProCellEx, ELELYSO (taliglucerase alfa), was

approved for marketing by the U.S. Food and Drug Administration on May 1, 2012 and is partnered with Pfizer for worldwide development

and commercialization, excluding Israel, where Protalix retains full rights. Marketing applications for taliglucerase alfa have

been filed in Europe, Israel, Brazil and Australia. Protalix's development pipeline also includes the following product candidates:

PRX-102, a modified version of the recombinant human alpha-GAL-A protein for the treatment of Fabry disease; PRX-105, a pegylated

recombinant human acetylcholinesterase in development for several therapeutic and prophylactic indications, a biodefense program

and an organophosphate-based pesticide treatment program; an orally-delivered glucocerebrosidase enzyme that is naturally encased

in carrot cells, also for the treatment of Gaucher disease; pr-antiTNF, a similar plant cell version of etanercept (Enbrel(R))

for the treatment of certain immune diseases such as rheumatoid arthritis, juvenile idiopathic arthritis, ankylosing spondylitis,

psoriatic arthritis and plaque psoriasis; and others.

Forward Looking Statements

To the extent that statements in this press release are not

strictly historical, all such statements are forward-looking, and are made pursuant to the safe-harbor provisions of the Private

Securities Litigation Reform Act of 1995. The terms "anticipate," "believe," "estimate," "expect"

and "intend" and other words or phrases of similar import are intended to identify forward-looking statements. These

forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual future experience and

results to differ materially from the statements made. The statements in this release are valid only as of the date hereof and

we disclaim any obligation to update this information.

The Trout Group, LLC

Jennifer Conrad or Kari Watson

MacDougall Biomedical Communications