Protalix shares plunge as FDA rejects Gaucher disease drug - Proactiveinvestors (NA)

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Protalix shares plunge as FDA rejects Gaucher disease drug - Proactiveinvestors (NA)

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Protalix BioTherapeutics' (AMEX:PLX) shares dove nearly 28% on Friday after the company announced the FDA did not approve its new drug being developed with Pfizer for the treatment of Gaucher, a genetic disease that causes fat to build up in the body.

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Protalix Shares Plunge As FDA Rejects Gaucher Drug - Update

rttnews.com — “Protalix BioTherapeutics, Inc. (PLX), said Friday the U.S. Food and Drug Administration has rejected a New Drug Application for 'taliglucerase alfa' to treat Gaucher disease, a rare genetic disorder in which fat builds up in the liver, bone marrow and the nervous system.View full resource at rttnews.com

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