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Thursday, October 17, 2019

Protalix up on longer-term PRX-102 data

Thinly traded nano cap Protalix BioTherapeutics (NYSEMKT:PLX) is up 18% premarket on modest volume in reaction to 12-month data on pegunigalsidase alfa (PRX-102) from the first 16 Fabry subjects in the open-label Phase 3 BRIDGE switchover study.
At month 12, 16 of 22 enrolled patients who were on a stable regimen of agalsidase alfa [Takeda’s (NYSE:TAK) Replagal] who switched to pegunigalsidase alfa experienced a mean improvement in kidney function with a favorable safety profile.
The results were consistent with six-month data announced in about a year ago.
Development is ongoing.
https://seekingalpha.com/news/3506474-protalix-18-percent-premarket-longer-term-prxminus-102-data

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