Protalix Fabry Disease Treatment Recommended for Approval by EMA Committee

MT Newswires Live
Jan 30

Protalix BioTherapeutics and Chiesi Global Rare Diseases said Friday that Elfabrio, an enzyme replacement therapy to treat Fabry disease, has received a positive opinion from the Committee for Medicinal Products for Human Use of the European Medicines Agency.

Protalix will be eligible to receive a regulatory milestone payment of $25 million if the treatment is approved by the European Commission, the companies said.

Protalix shares were more than 7% higher in recent trading.

Price: 2.26, Change: +0.18, Percent Change: +8.41

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