2.57
+1.18%
Close of 9 Nov 2026, in USD
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About Protalix Biotherapeutics
From its filings with the US Securities and Exchange Commission
Protalix Biotherapeutics is based in Hackensack, New Jersey and is incorporated in Delaware. Its shares trade on NYSE under the ticker PLX. The SEC classifies its business as biological products, (no diagnostic substances). In the fiscal year to 31 December 2025, it reported revenue of $52.7m and a net loss of $6.6m. At that date it held total assets of $82.3m and shareholders' equity of $48.2m.
We are a commercial stage biopharmaceutical company focused on the discovery, development, production and commercialization of innovative therapeutics for rare diseases with significant unmet needs. We are the first and only company to gain FDA approval of a protein produced through plant cell-based expression in suspension. ProCellEx®, our unique, proprietary plant cell-based protein expression system represents a new method for developing recombinant proteins in an industrial-scale manner.
Our corporate strategy includes development of treatments for rare and orphan diseases. To execute on our strategy, we are turning our focus to new, early-stage product candidates that treat indications for which there are high unmet needs in terms of efficacy and safety, including renal diseases. We believe our treatments of interest will address both genetic and non-genetic diseases. We currently intend to use our ProCellEx platform and PEGylation capabilities, as well as other modalities such as small molecules and antibodies, to take advantage of highly innovative opportunities.
To date, we have successfully developed two commercial products, both of which are enzyme replacement therapies (ERTs): Elelyso® (taliglucerase alfa) for the treatment of adult patients and children four years of age and older with Gaucher disease and Elfabrio® (pegunigalsidase alfa) for the treatment of adult patients with a confirmed diagnosis of Fabry disease.
Quoted from its 10-K, filed 18 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Biotechnology
- Listed since
- 6 Sept 2010
- Employees
- 226
- Website
- protalix.com ↗
- Head office
- 2 UNIVERSITY PLAZA, HACKENSACK, NJ, 07601
- Incorporated in
- DE
- Classification
- Biological Products, (No Diagnostic Substances)
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Dr. Eliot ForsterIndependent Chairman of the Board$70,000
- Mr. Dror BashanPresident, Chief Executive Officer, Director, since 2019$1.5m
- Mr. Eyal RubinChief Financial Officer, Senior Vice President, Treasurer, Secretary$859,466
- Mr. Gilad MamlokChief Financial Officer, Senior Vice President
- Mr. Yaron NaosSenior Vice President - Operations$639,959
- Mr. Amos Bar ShalevIndependent Director$45,000
- Dr. Shmuel BenzviIndependent Director$33,750
- Dr. Pol BoudesIndependent Director$45,000
- Ms. Gwen MelincoffIndependent Director$45,000
- Dr. Aharon SchwartzIndependent Director$45,000
- Mr. Mike MoyerInvestor Relations, since 2024
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 26
- Environment
- 4
- Social
- 26
- Governance
- 47
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Protalix Biotherapeutics Inc. has several strengths that contribute to its competitive advantage:
Weaknesses
- Despite its strengths, Protalix Biotherapeutics Inc. faces some weaknesses that need to be addressed:
Opportunities
- Protalix Biotherapeutics Inc. has the following opportunities for growth:
Threats
- Protalix Biotherapeutics Inc. faces certain threats that may hinder its growth and success:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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