Protalix BioTherapeutics

Israel
Karmi’el, Northern District, Israel, 20100

Company profile

Protalix BioTherapeutics company profile

Protalix is a biopharmaceutical company that is revolutionizing the development and manufacturing of recombinant therapeutic proteins through its ProCellEx® plant cell-based protein expression system. Using ProCellEx, Protalix is focused on the development and commercialization of a proprietary pipeline of novel and biosimilar proteins that target large, established pharmaceutical markets and that rely upon known biological mechanisms of action. Protalix’s initial commercial focus is on complex therapeutic proteins for the treatment of genetic disorders, such as Gaucher disease and Fabry disease. Protalix is also advancing additional recombinant biopharmaceutical drug development programs, including a TNF inhibitor for inflammatory diseases. Protalix’s pipeline is led by ELELYSO™(taliglucerase alfa for injection), which received approval from the U.S. Food and Drug Administration on May 1, 2012. ELELYSO is the first FDA-approved plant cell-based recombinant therapeutic protein. Protalix has partnered with Pfizer for worldwide development and commercialization of ELELYSO, excluding Israel, where Protalix has retained full rights. Marketing applications for taliglucerase alfa have been submitted for Europe, Israel, Brazil and Australia, with additional regulatory submissions in progress.

Business identity

Contact email
[email protected]
Phone number
972-4-902-8100
Operating status
Active
Company type
For Profit
Employee range
501-1,000 employees
Revenue range
$50,000+
Founded
1994-01-01, Year

Headquarters

Postal code
20100
Country code
IL
Continent
Asia

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
9
Total equity funding
$149.9M
Last funding
Post IPO Equity / $40M / 2021-02-11
Last equity funding
Post IPO Equity / $40M
Investors
11
Lead investors
2
Founders
1
Articles
167
Exited on
2007-03-12

Founders and investors

Founders

Yoseph Shaaltiel

Lead investors

Office of the Chief ScientistPfizer

Investors

Highbridge Capital ManagementPfizerPsagot Investment HouseRosalind Capital PartnersUBS O'Connor