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Protalix BioTherapeutics reports Q3 net income of $4M, raises 2026 revenue guidance, and advances gout drug PRX-115.

Company Fundamentals
10 Nov 2026, 13:45 WIB
PRNewsWire
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Bullish
Protalix BioTherapeutics reports Q3 net income of $4M, raises 2026 revenue guidance, and advances gout drug PRX-115.

Protalix BioTherapeutics announced a net income of $4 million for Q3 2026, up from $2.4 million in Q3 2025, with total revenues rising to $75.6 million year-to-date. The company expects to meet or exceed its 2026 revenue guidance of $78-83 million, supported by sales of its therapies Elfabrio and Elelyso. Protalix is progressing its PRX-115 Phase 2 study for uncontrolled gout, aiming to address a significant unmet medical need, with top-line results expected in late 2027. The company ended Q3 with $48.5 million in cash and short-term deposits, positioning it well for continued R&D and commercial activities.

Protalix BioTherapeutics financial results provide context for health sector activity. For readers following health stocks, here is Pluang's market snapshot as of Nov 10, 2026 17:51 WIB: 76 of 150 health-sector US stocks rose, 58 fell. Notable movers include Revvity Inc at USD 163.35 with 1.64% gain and 100% sell order activity, LifeStance Health Group Inc at USD 14.81 with 1.44% gain, and Moderna, Inc. at USD 272.82 with 1.42% gain and balanced buy/sell orders.

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