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1

Analysts see huge upside in Protalix after FDA approval

Healthcare
  Harel sees a 45% premium on yesterday's share price and Oppenheimer sees a 60% premium.
  Koby Yeshayahou and Guy 02/05/2012
 Analysts see a huge upside in Protalix Biotherapeutics Inc. (AMEX: PLX ; TASE: PLX ) share price after the drug development company received FDA approval to market its Elelyso treatment for Gaucher (...
2

US authorities mull flu vaccine collaboration with BiondVax

Healthcare
  The universal flu vaccine developer saw its share price jump after the announcement of the possible cooperation.
  Koby Yeshayahou 02/05/2012
 BiondVax Pharmaceuticals Ltd. (TASE: BNDX ) has reported this morning that the National Institutes of Health (NIH), an agency of the US Department of Health, is examining possible clinical cooperation...
3

FDA approves Protalix Gaucher treatment

Healthcare
  Protalix is to receive a $25 million milestone payment from Pfizer, which developed the treatment with the Israeli company.
  Gali Weinreb and Koby 02/05/2012
 The US Food and Drug Administration (FDA) has approved for marketing in the US Protalix Biotherapeutics Inc. (AMEX: PLX ; TASE: PLX ) drug Elelyso for the treatment of Gaucher disease. The approval ...
4

Stem cell co Pluristem awarded $3.1m chief scientist grant

Healthcare
  The grant will be used for R&D and clinical trials of product candidates.
  Globes correspondent 01/05/2012
 Stem cell company Pluristem Therapeutics Ltd. (Nasdaq: PSTI ; DAX: PJT: PLTR ) says that its subsidiary Pluristem Ltd., has received approval for a NIS11.8 million ($3.1 million) grant from the Office...
5

Teva settles Nuvigil litigation with Mylan

Healthcare
  Teva said that the settlement allows Mylan to begin selling generic versions of the wakefulness improvement drug under license beginning in June 2016.
  Globes correspondent 01/05/2012
 Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA ; TASE: TEVA ) announced that it has settled patent infringement litigation regarding the US patent of Mylan Inc.'s ANDA for Teva’s wakefulness Teva ...
6

US broker cuts Protalix on eve of FDA announcement

Healthcare
  Auriga: The share price is at a level where we believe the risk/reward is no longer favorable... Odds of FDA approval are difficult to gauge.
  Hillel Koren 01/05/2012
 The US Food and Drug Administration (FDA) is due to decide today whether to approve the treatment developed by Protalix Biotherapeutics Inc. (AMEX: PLX ; TASE: PLX ) for Gaucher's disease, Ulypso. "...
7

Dermatology co PhotoMedex dual-listing on TASE

Healthcare
  With a market cap of $289.4 million it will become one of the largest biomed companies on the TASE when it begins trading on May 3.
  Gali Weinreb 01/05/2012
 PhotoMedex Inc. (Nasdaq: PHMD ; TASE: PHMD ) has had its application approved to dual-list for trading on the Tel Aviv Stock Exchange (TASE). It will begin trading on the TASE on May 3. PhotoMedex is...
8

In absence of investment, Exalenz narrows focus

Healthcare
  The company has decided to concentrate on its H. pylori diagnosis product.
  Gali Weinreb 01/05/2012
 Despite apparently positive figures of a 600% rise in sales last year, and declarations by the largest shareholder, Mori Arkin (41%) that he will inject NIS 10 million into the company on condition (...
9

Pontifax invests NIS 5.6m in InsuLine Medical

Healthcare
  Pontifax will hold 13% of InsuLine, which has developed products that expedite the absorption of insulin in diabetes patients.
  Gali Weinreb 30/04/2012
 InsuLine Medical Ltd. (TASE: INSL ), which has developed a device that expedites the absorption of insulin in diabetes patients, has raised NIS 5.6 million from the Pontifax fund. The investment is at...
10

Covidien buys hernia mesh co PolyTouch for $30-40m

Healthcare
  This is the third acquisition of an Israeli medical device company announced by Covidien over the past two months.
  Gali Weinreb 30/04/2012
 Global medical devices giant Covidien plc (NYSE: COV) has acquired PolyTouch Medical Ltd., which develops hernia mesh placement technologies. The acquisition took place in 2011 but is only being (SWX...

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