VOLUME ALERT: Protalix BioTherapeutics (PLX)
Posted in GeneralJuly 6th, 2009
Protalix BioTherapeutics Inc. (NYSE: PLX) shares are up 27 percent on volume of about 33,000 shares (half its daily average near the open) after the company said the FDA wants it to submit a treatment protocol for its experimental Gaucher disease drug to help offset a likely shortage of a Genzyme Corp.’s (Nasdaq: GENZ) Cerezyme drug.
Genzyme plans to temporarily shut down its production plant for Cerezyme to clean up a virus contamination. — Mike Tarsala
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