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Business
Protalix Reaches Deal With Brazil
by Marc S. Reisch
July 1, 2013
| A version of this story appeared in
Volume 91, Issue 26
Protalix BioTherapeutics will transfer the technology for its enzyme replacement therapy to treat Gaucher’s disease, a rare lysosomal storage disorder, to an arm of Brazil’s Ministry of Health. The agreement calls for Protalix to transfer the skills required to make alfataliglicerase for Brazilian patients to Fundação Oswaldo Cruz (Fiocruz) over the next seven years. While Fiocruz constructs a facility, it will purchase at least $280 million of the enzyme from Protalix. Pfizer, which distributes the drug, will receive more than $12 million per year from Protalix during the agreement.
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