Protalix BioTherapeutics to Reschedule Third Quarter 2020 Financial Results and Business Update Call for Friday, October 30

Rhea-AI Summary

Protalix BioTherapeutics (NYSE: PLX) has rescheduled its conference call to discuss the third-quarter financial results and business update to October 30, 2020, at 8:30 a.m. EDT due to technical issues. The company focuses on developing recombinant therapeutic proteins through its ProCellEx^® plant cell-based expression system, and previously announced financial results for Q3 2020. The call will provide insights into corporate and clinical developments, showcasing Protalix's commitment to innovation in biopharmaceuticals.

Positive

• Development of proprietary therapeutic proteins aimed at established pharmaceutical markets.
• FDA approved taliglucerase alfa, the first product of ProCellEx, enhancing credibility.

Negative

• None.

CARMIEL, Israel, Oct. 29, 2020 /PRNewswire/ -- Protalix BioTherapeutics, Inc. (NYSE American: PLX) (TASE: 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 it has rescheduled today's conference call due to technical issues with a third-party provider. The rescheduled call to discuss the financial results and provide a general business update will take place on Friday, October 30, 2020 at 8:30 a.m. Eastern Daylight Time (EDT). The Company reported financial results for the third quarter ended September 30, 2020, and provided a business update on recent corporate and clinical developments in a press release issued earlier today.

Rescheduled Conference Call and Webcast Information:

Friday, October 30, 2020, 8:30 a.m. Eastern Daylight Time (EDT)
Domestic: 877-423-9813
International: 201-689-8573
Conference ID: 13712792

The conference call will be webcast live from the Company's website and will be available via the following links:

Webcast Details:

Company Link: https://protalixbiotherapeutics.gcs-web.com/events0 
Webcast Link: https://tinyurl.com/y2k6q9lk
Conference ID: 13712792

Please access the websites at least 15 minutes ahead of the conference to register, download and install any necessary audio software.

The conference call will be available for replay for two weeks on the Events Calendar of the Investors section of the Company's website, at the above link.

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^®. Protalix was the first company to gain U.S. Food and Drug Administration (FDA) approval of a protein produced through plant cell-based in suspension expression system. Protalix's unique expression system represents a new method for developing recombinant proteins in an industrial-scale manner.

Protalix's first product manufactured by ProCellEx, taliglucerase alfa, was approved for marketing by the FDA in May 2012 and, subsequently, by the regulatory authorities of other countries. Protalix has licensed to Pfizer Inc. the worldwide development and commercialization rights for taliglucerase alfa, excluding Brazil, where Protalix retains full rights.

Protalix's development pipeline consists of proprietary versions of recombinant therapeutic proteins that target established pharmaceutical markets, including the following product candidates: pegunigalsidase alfa, a modified version of the recombinant human α–Galactosidase–A protein for the proposed treatment of Fabry disease; OPRX–106, an orally-delivered anti-inflammatory treatment; alidornase alfa for the treatment of Cystic Fibrosis; and others. Protalix has partnered with Chiesi Global Rare Diseases, both in the United States and outside the United States, for the development and commercialization of pegunigalsidase alfa.

Logo - https://mma.prnewswire.com/media/999479/Protalix_Biotherapeutics_Logo.jpg

Investor Contact
Chuck Padala, Managing Director
LifeSci Advisors
+1-646-627-8390
chuck@lifesciadvisors.com

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SOURCE Protalix BioTherapeutics, Inc.

FAQ

When is the rescheduled conference call for Protalix BioTherapeutics?

The rescheduled conference call will take place on October 30, 2020, at 8:30 a.m. EDT.

What is the purpose of Protalix's conference call on October 30, 2020?

The conference call will discuss the third-quarter financial results and provide a general business update.

What significant product does Protalix BioTherapeutics have?

Protalix has developed taliglucerase alfa, which was approved by the FDA.

What kind of expression system does Protalix use for protein production?

Protalix uses its proprietary ProCellEx^® plant cell-based expression system.