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PLX

Protalix

$0.29

-0.0148 (-4.93%)

07:36
12/22/16
12/22
07:36
12/22/16
07:36

Protalix enrolls last patient in AIR DNase Phase II trial for cystic fibrosis

Protalix has enrolled the last patient in the company's phase II clinical trial of AIR DNase for the treatment of Cystic Fibrosis. The company expects to report interim top-line results from this study during the first week of January 2017, and full results before the end of 1Q17. AIR DNase is a plant cell-derived recombinant form of human deoxyribonuclease I that the company has designed, through chemical modification, to be resistant to inhibition by actin. The main efficacy endpoint is the change of forced expiratory volume and forced vital capacity.

PLX Protalix
$0.29

-0.0148 (-4.93%)

04/04/16
RODM
04/04/16
INITIATION
Target $3.5
RODM
Buy
Protalix initiated with a Buy at Rodman & Renshaw
Rodman & Renshaw analyst Raghuram Selvaraju started Protalix Bio Therapeutics with a Buy rating and $3.50 price target.
06/14/16
LEER
06/14/16
NO CHANGE
Target $19
LEER
Outperform
Protalix development encouraging for Amicus Galafold, says Leerink
Leerink analyst Joseph Schwartz is "incrementally encouraged" by the news that Protalix (PLX) reached an agreement with the FDA to advance its Fabry ERT into a pivotal trial, just before Amicus' (FOLD) meeting with the agency to discuss a regulatory path for its Galafold. Amicus was poised to emphasize non-renal data in the upcoming FDA meeting, but now the company has "another way to win" by using renal data, the analyst tells investors in a research note. Schwartz now assigns a 33% probability for Galafold. The analyst reiterates an Outperform rating on Amicus' stock and raised his price target on the shares to $19 from $17.

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