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Mar 31, 2020

Protalix Q1 2020 Earnings Report

Reported financial results for the first quarter ended March 31, 2020, and provided a business update on recent corporate and clinical developments.

Key Takeaways

Protalix reports a transformational first quarter in 2020, closing a $43.7 million private placement and submitting a BLA for PRX-102 after completing the Phase III BRIDGE study.

Closed a $43.7 million private placement.

Completed Phase III BRIDGE study.

Submitted BLA for PRX-102.

Adapted quickly to the changing environment despite the COVID-19 pandemic.

Total Revenue
$21.6M
Previous year: $10.4M
+107.4%
EPS
$0.1
Previous year: -$0.5
-120.0%

Protalix

Protalix

Forward Guidance

Protalix is positioned for long-term success and looks forward to continuing momentum through the rest of this year and into 2021.