VOLUME ALERT: Protalix BioTherapeutics (PLX)

Posted in General 
July 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┬áCorp.’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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