earnings
confidence medium
sentiment positive
materiality 0.75
Protalix reports FY2025 results; EC approves Elfabrio E4W regimen triggering $25M milestone
Protalix BioTherapeutics, Inc.
- EC approved Elfabrio 2mg/kg every-4-weeks dosing for stable adults with Fabry in EU; $25M milestone from Chiesi triggered.
- Total 2026 revenue guided to $78M-$83M including milestone; Elfabrio sales $33-35M, Elelyso $20-23M.
- Phase 2 RELEASE trial for PRX-115 (uncontrolled gout) actively enrolling; top-line data expected H2 2027.
- Company expects cash balance ~$50M by April 2026 with no outstanding debt or warrants.
- No specific FY2025 financial numbers disclosed in the press release; focus on business and regulatory milestones.