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plx stock — Protalix BioTherapeutics overview

plx stock — Protalix BioTherapeutics overview

plx stock refers to Protalix BioTherapeutics, a U.S.-listed biopharma company using a plant cell–based expression platform. This article summarizes the company, its technology (ProCellEx), marketed...
2024-07-11 12:01:00
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PLX (Protalix BioTherapeutics) — Stock overview

plx stock denotes the publicly traded equity of Protalix BioTherapeutics, Inc., a U.S.-listed biopharmaceutical company that develops and commercializes recombinant therapeutic proteins using a plant cell–based expression system. This article outlines the company, its clinical and commercial products, and the characteristics and market history of the PLX equity. Readers will get an organized view of Protalix’s technology, pipeline, partnerships, regulatory history, financial profile, market behavior, and key risk factors to consider when researching plx stock.

Company profile

Protalix BioTherapeutics, Inc. is a biotechnology company focused on recombinant therapeutic proteins produced in plant cell cultures. The company was founded to apply plant cell–based expression technology to produce therapeutic enzymes and biologics for rare and specialty diseases.

Headquartered in Hackensack, New Jersey, Protalix operates as a U.S.-listed entity with research and manufacturing relationships that trace back to its platform development. The company’s core proprietary technology is the ProCellEx plant cell–based expression system. Protalix’s corporate mission centers on developing differentiated biologics that can offer clinical or manufacturing advantages, especially in rare disease areas where enzyme replacement and modified biologics are needed.

As with any biotechnology company, Protalix combines R&D, regulatory affairs, manufacturing scale-up and commercial partnerships to advance product candidates from discovery to market. Public filings and company disclosures provide the primary record of these activities for investors following plx stock.

History and corporate development

Protalix was founded to commercialize plant cell–based expression of therapeutic proteins. Over time, the company has pursued development and regulatory approval of enzyme replacement therapies and modified biologics for rare diseases and specialty indications.

Major milestone categories in Protalix’s corporate timeline include: company founding and platform development; regulatory submissions and product approvals; commercial launches and licensing deals; clinical trial initiations and readouts for pipeline candidates; and corporate financings or restructurings to support operations.

The company’s most widely known commercial milestone is the development and commercialization of an enzyme replacement product for Gaucher disease, which marked Protalix’s entry into the commercial therapeutics market. Since then, Protalix has advanced additional candidates through clinical development while leveraging licensing arrangements and supply agreements to support distribution and revenue generation.

Protalix’s corporate history also includes periodic financings and strategic collaborations with partners to expand development and commercialization capabilities. Over time, the company has navigated the typical biotech lifecycle of research investment, clinical risk, and commercial opportunity while responding to changing capital markets and regulatory environments that affect plx stock.

Technology platform

ProCellEx plant cell–based expression system

The ProCellEx platform is a plant cell–based expression system for producing recombinant proteins. Unlike traditional mammalian cell systems (such as CHO cells) or microbial expression systems, plant cell cultures aim to combine certain manufacturing and product profile advantages.

Key intended advantages of plant cell–based expression include:

  • Controlled, sterile plant cell culture manufacturing that avoids whole-plant variability.
  • Potentially lower risk of certain mammalian pathogens that can affect animal cell lines.
  • Capacity to perform complex post-translational modifications required for therapeutic proteins, while offering a distinct glycosylation profile that can be engineered.
  • Flexibility for producing enzymes and modified biologics with tailored properties (for example, PEGylation compatibility or other modifications).

Protalix uses the ProCellEx platform to produce commercial products and clinical candidates. The platform underpins the company’s pipeline by providing a consistent manufacturing approach and potential differentiation in cost, scalability, or safety profile relative to some competitors.

Technical details, analytical comparability studies, and regulatory communications regarding ProCellEx are available in the company’s public disclosures and regulatory dossiers. These documents describe how plant cell–derived products are characterized for identity, purity, activity and safety in the context of regulatory review.

Products and clinical pipeline

Marketed products

  • Elelyso (taliglucerase alfa): Elelyso is Protalix’s recombinant glucocerebrosidase product developed for the treatment of Gaucher disease, a lysosomal storage disorder caused by deficiency of the enzyme glucocerebrosidase. Elelyso has been a central commercial product for Protalix and serves patients with Type 1 Gaucher disease under regulatory approvals in certain jurisdictions.

  • Other commercial or partnered products: Protalix has pursued development and commercialization strategies for other biologics leveraging ProCellEx. In some cases, the company has entered licensing or supply agreements with larger biopharma partners to commercialize products in defined territories or indications.

Marketed products address small populations typical of rare diseases. Sales and royalty streams from these products are important revenue drivers for the company and are regularly reported in company financial disclosures that investors track when analyzing plx stock.

Late-stage & clinical candidates

Protalix’s lead development programs have included candidates with modifications designed to improve half-life, activity or immunogenicity profiles. Examples of development-stage programs often described in company materials include:

  • PRX‑115 (PEGylated uricase for gout): A pegylated enzyme candidate intended to treat refractory gout or hyperuricemia by enzymatically reducing uric acid. PEGylation can extend circulating half-life and reduce immunogenicity compared with unmodified enzymes.

  • PRX‑119 (DNase I for NETs-related diseases): A DNase I candidate aimed at treating conditions with pathological neutrophil extracellular traps (NETs), where extracellular DNA contributes to inflammation and occlusion. This program targets diseases where NETs are implicated.

Development status, trial phases, and enrollment details for these candidates are provided in Protalix’s clinical trial disclosures, press releases and regulatory filings. Clinical milestones, such as topline data readouts, safety results and pharmacokinetic findings, materially affect the company’s development path and can influence plx stock.

Preclinical and discovery programs

Protalix also maintains earlier-stage programs and discovery efforts that explore the ProCellEx platform’s application to additional enzyme replacement therapies, modified biologics and specialty proteins. These programs are less mature and carry early-stage scientific and regulatory risk relative to late-stage candidates.

Preclinical activities typically focus on proof-of-concept, pharmacology, toxicology and manufacturability studies to prepare candidates for IND-enabling work and subsequent clinical trials. Progression timelines for these programs depend on capital availability and strategic prioritization.

Partnerships, licensing and collaborations

Strategic partnerships and licensing arrangements are central to Protalix’s commercialization and development strategy. These collaborations may grant rights to develop, manufacture or commercialize specific products in defined territories, and can include milestone payments, royalties and cost-sharing terms.

Publicly announced collaborations in Protalix’s history have included agreements to commercialize or co-develop products in various regions and indications. Company press releases and SEC filings provide the definitive contractual details, including territorial rights, financial terms and technical obligations.

Partnerships can accelerate market access by leveraging partners’ distribution networks and regulatory experience. Conversely, the structure of licensing deals affects revenue recognition, profit sharing and the company’s retained upside — all factors that market participants consider when assessing plx stock.

Regulatory and approvals

Regulatory milestones shape Protalix’s development and commercial journey. The company engages with health authorities in the U.S., EU and other markets for product approvals, label expansions and post-marketing obligations.

Key regulatory events historically include original marketing approvals for enzyme replacement therapies and subsequent regulatory interactions related to manufacturing inspections, comparability assessments and additional filings for new indications or formulations.

Regulatory approvals are typically jurisdiction-specific. For each marketed product, investors and analysts monitor the labeling, approved indications, post-marketing requirements and any regulatory actions such as safety communications or inspection outcomes. These items are disclosed in company filings and public health agency notices and can influence sentiment toward plx stock.

Financial overview

Note: financial figures and specifics are available in Protalix’s public SEC filings and quarterly reports. The text below provides a framework for the types of financial information investors review when analyzing plx stock.

Revenue and profitability

Protalix’s revenues historically derive from product sales, royalties under licensing agreements, milestone payments from collaborators, and sometimes R&D reimbursements.

Revenue trends for a small biotech like Protalix are commonly volatile, driven by timing of approvals, inventory shipments, partner payments and changes in product demand. Net income is frequently negative for development-stage biotech companies due to R&D spending and limited commercialization scale. Investors following plx stock should consult the company’s most recent quarterly and annual reports for up-to-date revenue and profitability figures.

Balance sheet and liquidity

Balance sheet items of interest include cash and short-term investments, total liabilities and debt instruments, and any recent equity or debt financings. For Protalix, liquidity and cash runway are important because continued clinical development and commercial expansion require funding.

Material financings, such as public offerings, private placements or debt issuances, are disclosed in SEC filings and press releases. These transactions affect share count, potential dilution and balance sheet flexibility — all relevant to plx stock holders.

Recent financial results and guidance

Protalix publishes quarterly results and, when applicable, provides management commentary on expected revenues or milestones. Recent quarterly and annual reports include revenue breakdowns by product and geography, R&D expense trends, and cash position at period end.

For the latest quantifiable results and guidance, readers should consult the company’s most recent 10-Q/10-K filings and earnings releases. These primary sources provide verified figures for metrics such as cash balance, total revenue, net loss and any forward-looking guidance the company elects to provide.

PLX — Stock market information

Ticker symbol and listing

The company’s ticker symbol is PLX. Protalix is listed on a U.S. exchange as a publicly traded equity. Investors can find real-time quotes, historical charts and market data through exchange quote pages and financial data providers.

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Market capitalization and float

Protalix has historically been categorized as a small-cap or micro-cap biopharma company. Market capitalization and public float can change with share price movements and corporate actions.

Market capitalization is calculated as shares outstanding multiplied by the market price. Public float excludes restricted shares held by insiders and subject to lockup. Investors monitoring plx stock track both market cap and float to assess company size and potential liquidity constraints.

For precise, up-to-date market cap and float figures, consult the company’s filings and real-time market data from exchange quote pages.

Historical price performance

PLX’s price history typically shows periods of volatility tied to clinical updates, regulatory decisions, partner announcements, quarterly results and broader biotech market sentiment. Short-term spikes often align with material news, while longer-term trends reflect commercial performance and pipeline progress.

Common reference points for investors are the 52-week high and low, multi-year trend since listing, and response patterns around earnings or clinical readouts. Historical price charts available through financial data providers offer a visual summary of these trends for plx stock.

Trading volume and liquidity

Trading volume for small-cap biotechnology stocks like PLX can be irregular. Average daily trading volume may be relatively low compared with large-cap equities, which can increase price volatility on material announcements.

Lower liquidity can lead to wider bid-ask spreads and more pronounced intraday price moves when sizable orders are placed. Traders and investors following plx stock account for liquidity when sizing trades and managing execution.

Dividends and corporate actions

Biotech companies focused on development and commercialization of specialty biologics typically do not pay cash dividends, and Protalix historically has not maintained a dividend policy. Corporate actions that affect shareholders may include share issuances, registered offerings, or, in rare cases, stock splits or reverse splits.

Any past stock splits, reverse splits or material corporate actions are documented in the company’s public filings and press releases. Investors should review these primary sources for official records impacting plx stock.

Index inclusion and ETFs

Inclusion in broad indices (for example, Russell indices) or ETFs can affect demand for a stock. Protalix’s inclusion in small-cap indices or specialty biotech baskets would increase institutional visibility and may influence trading flows.

Investors interested in index inclusion should check index provider announcements and ETF holdings disclosures. These sources confirm whether plx stock is included in a given index or ETF at a particular rebalancing date.

Ownership, analysts and market sentiment

Major shareholders and institutional holders

Institutional ownership in small biotech companies can range from minimal to substantial depending on investor interest, prior funding rounds and strategic partnerships. Insider holdings — such as shares owned by executives, directors or early investors — are reported in SEC filings and are important for understanding alignment between management and public shareholders.

For verified holdings data, consult the company’s proxy statements, 13D/13G filings and institutional ownership reports filed with regulators. These documents provide specific ownership percentages and major holder identities relevant to plx stock.

Analyst coverage and ratings

Coverage by sell-side analysts for smaller biotech companies may be limited compared with larger pharmaceutical firms. Where coverage exists, analysts publish research notes with target prices and ratings that can influence short-term market sentiment.

Analyst reports are public via broker-dealer distribution or summarized in financial news services. Investors should weigh analyst commentary alongside primary filings and clinical data rather than treating ratings as definitive guidance for plx stock.

Retail/social sentiment

Retail investor interest — reflected on social platforms, message boards and retail trading communities — can cause increased attention and short-term volatility. Social sentiment indicators and community discussion threads are sometimes used to gauge retail interest in plx stock.

While social sentiment can drive speculative trading, it should not substitute for a review of primary clinical, regulatory and financial documents when evaluating a biotech equity.

Legal, regulatory and risk factors

Investing in biotechnology equities involves multiple material risks. For plx stock, common risk categories include:

  • Clinical development risk: Most drug candidates fail in clinical trials or do not achieve regulatory approval. Trial results can be unpredictable, and adverse safety signals can halt development.
  • Regulatory risk: Even after approval, regulatory agencies may require additional studies, impose label restrictions, or raise concerns about manufacturing comparability.
  • Commercialization and market access risk: Launching a specialty biologic requires payer support, physician adoption and reliable manufacturing. Market uptake may be slower than anticipated.
  • Manufacturing risk: Biologics manufacturing is complex. Production interruptions or failed inspections can disrupt supply and hurt revenues.
  • Financial and dilution risk: Small biotechs often rely on periodic financings, which can dilute existing shareholders and affect plx stock.
  • Legal and litigation risk: Product liability, patent disputes or contractual litigation with partners can carry financial and reputational costs.
  • Competitive risk: Other companies developing alternative therapies for the same indications may reduce market share or introduce superior products.

Material legal matters and litigation involving Protalix are disclosed in the company’s SEC filings. Investors should review these disclosures and related press releases to assess legal risks associated with plx stock.

Recent news and material events

As a rule, material events that move plx stock include quarterly earnings releases, clinical trial readouts, regulatory submissions and approvals, material partnerships or financing announcements.

As of June 2024, according to Protalix’s public filings and press releases, the company continued to report progress across its clinical programs and to provide periodic financial updates. For the latest material events, consult the company’s most recent press releases, SEC filings and exchange notices, which provide the verified facts with dates and regulatory context.

Investors tracking plx stock should watch for:

  • Topline trial results or safety updates for lead candidates.
  • Regulatory submissions or approvals in major markets.
  • Announcements of licensing deals, partner milestone payments or commercial distribution agreements.
  • Quarterly financial results and updates to cash runway or financing activities.

Investment considerations

This section outlines the informational factors investors traditionally evaluate when researching a small biopharma equity such as plx stock. The points below are descriptive and neutral; they are not investment advice.

  • Commercial traction of marketed products: Ongoing sales volumes, territory coverage and partner performance determine near-term revenue potential.
  • Clinical pipeline risk/reward: Late-stage positive readouts can materially increase valuation prospects, while failures can cause sharp declines.
  • Platform differentiation: The ProCellEx plant cell–based platform may offer manufacturing or safety advantages, but platform claims require evidence demonstrated through regulatory acceptance and consistent product quality.
  • Financial runway: Cash balance, burn rate and access to capital determine the company’s ability to progress clinical programs without disruptive dilution.
  • Competitive landscape: Availability of alternative treatments, improved therapies from competitors, or biosimilars can affect market opportunity.
  • Regulatory environment: Approval timelines, post-marketing commitments and inspection outcomes can materially affect commercialization and costs.

Researchers and prospective investors examining plx stock should combine primary source documents (SEC filings, clinical trial registries, regulatory notices) with secondary market information to form a complete, up-to-date view.

See also

  • Plant-based expression systems
  • Elelyso (taliglucerase alfa)
  • Pegunigalsidase alfa and other modified biologics
  • Fabry disease treatments
  • Gaucher disease treatments
  • Biopharmaceutical small-cap stocks

References

This article relies on primary company disclosures and reputable market sources. For authoritative and up-to-date information on plx stock, consult the following categories of sources:

  • Protalix public filings with the U.S. Securities and Exchange Commission (SEC/EDGAR), including Form 10-K, Form 10-Q, 8-K and proxy statements. (Source: company SEC filings)
  • Protalix press releases and investor relations materials, which announce regulatory updates, clinical results, partnerships and financings. (Source: company press releases)
  • Regulatory agency documents and approvals from authorities such as the U.S. Food and Drug Administration and regional agencies where applicable. (Source: regulatory agency notices)
  • Real-time market data and historical price charts from exchange quote pages and financial data providers for metrics like market cap, share count and trading volume. (Source: exchange and market data providers)
  • Reports and coverage by reputable financial news organizations that summarize material company events and sector trends. (Source: financial news outlets)

Specific dated reporting example: As of June 2024, according to Protalix’s publicly filed quarterly report and accompanying press release, the company reported ongoing clinical activity and provided periodic financial updates in line with its reporting cadence (source: Protalix SEC filings and press releases, June 2024 reporting period).

External links

Below are the types of official pages readers should consult for verified, current information about plx stock. (No external URLs are provided in this article.)

  • Protalix BioTherapeutics — official corporate website and investor relations page for press releases and filings.
  • Exchange quote page for ticker PLX on the primary U.S. exchange where the stock is listed for real-time price, market cap and volume data.
  • SEC/EDGAR filings for Form 10-K, 10-Q, 8-K and proxy statements for audited financials and material disclosures.

Further exploration: To follow plx stock in real time, check the company’s investor relations announcements and SEC filings, review exchange market data for the latest price and volume, and consider custody and trading through regulated platforms such as Bitget. For Web3 wallet needs related to ecosystem interactions, the Bitget Wallet is a recommended option.

This article is informational only. It summarizes public facts about Protalix BioTherapeutics and its publicly traded equity (plx stock) using company disclosures and market sources. It does not provide investment advice or recommendations.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.
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