Protalix BioTherapeutics

Karmiel, Israel Founded: 1993 • Age: 33 yrs
Recombinant proteins are developed via a plant cell-based expression system.
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About Protalix BioTherapeutics

Protalix BioTherapeutics is a company based in Karmiel (Israel) founded in 1993.. The company has 213 employees as of December 31, 2024. Protalix BioTherapeutics offers products and services including Elfabrio®, Elelyso®, and ProCellEx®. Protalix BioTherapeutics operates in a competitive market with competitors including BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, among others.

  • Headquarter Karmiel, Israel
  • Employees 213 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Protalix Biotherapeutics, Inc. (De)
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $53.4 M
    -18.47
    as on Dec 31, 2024
  • Net Profit
    $2.93 M
    -64.73
    as on Dec 31, 2024
  • EBITDA
    $5.22 M
    -55.19
    as on Dec 31, 2024
  • Latest Funding Round
    $43.7 M (USD), Post-IPO

    Mar 12, 2020

  • Investors
    UBS

    & 11 more

  • Employee Count
    213

    as on Dec 31, 2024

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IPO & Listings of Protalix BioTherapeutics

Protalix BioTherapeutics is a publicly listed company on the AMEX with ticker symbol PLX in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: AMEX · Ticker: PLX . Sector: Health technology · USA

Products & Services of Protalix BioTherapeutics

Protalix BioTherapeutics offers a comprehensive portfolio of products and services, including Elfabrio®, Elelyso®, and ProCellEx®. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Treats Fabry disease through recombinant protein administration.

Addresses Gaucher disease with therapeutic protein solutions.

Enables plant-based production of recombinant therapeutic proteins.

People of Protalix BioTherapeutics
Headcount 500-1000
Employee Profiles 16
Board Members and Advisors 10
Employee Profiles
People
Dror Bashan
President, CEO & Director
People
Mali Szlaifer
Senior Manager Clincal Operations
People
Asaf Efraty
Senior Purchasing Manager & Warehouses
People
Dr Tanya Gershanik
VP Quality Affairs

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Funding Insights of Protalix BioTherapeutics

  • Total Funding
  • Total Rounds 9
  • Last Round Post-IPO — $43.7M
  • First Round

    (15 Oct 2004)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2020 Amount Post-IPO - Protalix BioTherapeutics Valuation

investors

Jan, 2017 Amount Grant - Protalix BioTherapeutics Valuation

investors

Oct, 2015 Amount Post-IPO - Protalix BioTherapeutics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Protalix BioTherapeutics

Protalix BioTherapeutics has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include UBS, Pfizer and Mor Investment House. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Long-short strategy hedge fund and venture capital firm investing in tech companies
Founded Year Domain Location
-
Founded Year Domain Location
Investments are directed toward Israeli technology startups by Docor.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Protalix BioTherapeutics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Protalix BioTherapeutics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Protalix Biotherapeutics Comparisons

Employees
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Competitors of Protalix BioTherapeutics

Protalix BioTherapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BridgeBio, Spark Therapeutics, Alnylam, ATAI and Insitro, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Therapeutics for genetic diseases are developed through targeted interventions.
domain founded_year HQ Location
Gene therapies for rare diseases including retinal dystrophies are developed.
domain founded_year HQ Location
RNA interference-based therapeutics are developed for multiple disorders.
domain founded_year HQ Location
A biopharmaceutical company accelerating innovative mental health treatments.
domain founded_year HQ Location
An AI-enabled platform is developed for infectious disease treatment.
domain founded_year HQ Location
Therapeutics for rare and ultra-rare metabolic diseases are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Protalix Biotherapeutics

Frequently Asked Questions about Protalix BioTherapeutics

When was Protalix BioTherapeutics founded?

Protalix BioTherapeutics was founded in 1993 and raised its 1st funding round 11 years after it was founded.

Where is Protalix BioTherapeutics located?

Protalix BioTherapeutics is headquartered in Karmiel, Israel. It is registered at Karmiel, Northern District, Israel.

How many employees does Protalix BioTherapeutics have?

As of Dec 31, 2024, the latest employee count at Protalix BioTherapeutics is 213.

What is the annual revenue of Protalix BioTherapeutics?

Annual revenue of Protalix BioTherapeutics is $53.4M as on Dec 31, 2024.

What does Protalix BioTherapeutics do?

Protalix BioTherapeutics was founded in 1993 in Karmiel, Israel, and operates in the biotechnology sector. Recombinant proteins are developed and commercialized using the ProCellEx plant cell expression system. A pipeline of novel and biosimilar proteins is pursued, with ELELYSO marketed as a glucocerebrosidase enzyme for Type 1 Gaucher disease. Additional recombinant proteins are under development for Fabry disease, immune and inflammatory conditions, and cystic fibrosis.

Who are the top competitors of Protalix BioTherapeutics?

Protalix BioTherapeutics's top competitors include Spark Therapeutics, BridgeBio and Forge Biologics.

What products or services does Protalix BioTherapeutics offer?

Protalix BioTherapeutics offers Elfabrio®, Elelyso®, and ProCellEx®.

Is Protalix BioTherapeutics publicly traded?

Yes, Protalix BioTherapeutics is publicly traded on AMEX under the ticker symbol PLX.

Who are Protalix BioTherapeutics's investors?

Protalix BioTherapeutics has 12 investors. Key investors include UBS, Pfizer, Mor Investment House, European Union, and Alrov.

What is Protalix BioTherapeutics's ticker symbol?

The ticker symbol of Protalix BioTherapeutics is PLX on AMEX.

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