Protalex

OverviewSuggest Edit

Protalex is a clinical-stage biopharmaceutical company focused on the development of a class of drugs for treating autoimmune and inflammatory diseases. The Company targets a range of autoimmune diseases, such as rheumatoid arthritis (RA), immune thrombocytopenia (ITP), psoriasis, myasthenia gravis, chronic idiopathic demyelinating polyneuropathy and pemphigus. Its lead product candidate is PRTX-100, a formulation of a highly-purified form of staphylococcal protein A, which is in Phase I/II open-label, dose-escalating study for the treatment of patients with persistent/chronic ITP; and Phase 1b clinical trial for the treatment of RA on methotrexate or leflunomide.
TypePublic
Founded1999
HQFlorham Park, NJ, USMap
Websiteprotalex.com

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Latest Updates

Employees (est.) (Feb 2019)2(-33%)
Revenue (FY, 2018)$0
Share Price (Jul 2021)$0
Cybersecurity ratingBMore

Key People/Management at Protalex

Arnold Kling

Arnold Kling

Director, President
William Gannon

William Gannon

Chief Medical Officer
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Protalex Office Locations

Protalex has an office in Florham Park
Florham Park, NJ, US (HQ)
131 Columbia Turnpike
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Protalex Financials and Metrics

Protalex Revenue

USD

Net income (Q1, 2019)

(776.1k)

EBIT (Q1, 2019)

(647.3k)

Market capitalization (15-Jul-2021)

615.2k

Closing stock price (15-Jul-2021)

0.0

Cash (31-Aug-2018)

114.9k

EV

669.4k
Protalex's current market capitalization is $615.2 k.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

General and administrative expense

1.3m1.3m7.8m7.8m5.2m754.3k1.5m

R&D expense

1.9m3.8m3.2m3.0m3.1m2.4m2.3m

Operating expense total

3.2m5.2m11.0m10.8m8.3m3.1m3.8m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

General and administrative expense

178.6k530.6k281.1k243.6k425.8k372.8k607.0k4.0m3.1m690.3k2.8m793.7k796.6k357.9k94.5k127.6k142.4k867.8k297.7k

R&D expense

354.1k448.6k514.0k835.0k984.5k933.1k685.4k837.3k946.6k742.1k537.2k1.1m808.2k449.0k475.9k814.0k681.8k1.2m536.8k248.9k

Operating expense total

532.7k979.2k795.2k1.1m1.4m1.3m1.3m4.8m4.0m1.4m3.3m1.9m1.6m806.9k570.3k941.6k824.2k1.2m1.4m546.7k
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

190.4k2.5m1.6m928.3k444.2k487.4k555.4k

Prepaid Expenses

42.7k42.3k45.3k56.4k55.7k107.2k74.4k

Current Assets

233.1k2.5m1.7m984.7k499.9k594.6k629.8k

Total Assets

240.6k2.5m1.7m989.1k503.3k597.0k631.2k
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

972.1k542.4k872.6k32.4k1.7m2.0m1.1m2.7m662.3k460.1k1.0m686.3k594.7k391.4k713.6k581.0k477.3k258.2k1.4m114.9k

Prepaid Expenses

16.3k79.4k63.7k85.6k67.4k17.2k85.4k67.2k102.7k89.5k56.4k117.6k87.8k71.8k164.8k141.3k58.1k134.1k107.8k40.1k

Current Assets

988.5k621.8k936.3k118.0k1.8m2.0m1.2m2.8m765.0k549.6k1.1m803.9k682.5k463.3k878.3k722.2k535.4k392.3k1.5m155.0k

Total Assets

996.7k629.8k944.0k125.0k1.8m2.0m1.2m2.8m769.9k554.3k1.1m807.8k686.2k466.4k881.2k724.9k537.5k394.2k1.6m156.1k
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(4.4m)(6.3m)(11.9m)(11.6m)(9.4m)(4.6m)(5.0m)

Depreciation and Amortization

934.5k1.0k1.0k1.0k1.0k1.0k1.0k

Accounts Payable

333.5k638.5k(281.4k)101.8k52.6k(60.4k)82.3k

Cash From Operating Activities

(2.4m)(4.7m)4.6m4.0m(4.3m)(3.9m)(3.4m)
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(832.1k)(2.1m)(3.2m)(2.8m)(4.4m)(1.5m)(3.0m)(8.1m)(8.4m)(10.0m)(3.6m)(5.8m)(7.7m)(1.3m)(2.2m)(3.5m)(1.2m)(2.2m)(3.9m)(776.1k)

Depreciation and Amortization

255.0510.0765.0468.5k531.3k255.0510.0765.0510.0765.0255.0510.0765.0255.0510.0765.0255.0510.0765.0255.0

Accounts Payable

(70.1k)195.3k192.3k59.1k(250.9k)(216.6k)(55.3k)(13.5k)497.4k283.0k(3.6k)551.7k548.1k(43.8k)256.2k381.8k78.0k316.7k704.0k(14.1k)

Cash From Operating Activities

(569.9k)(999.6k)(1.7m)(2.0m)(3.5m)(1.4m)(2.4m)3.5m(1.7m)(3.1m)948.4k(2.0m)(3.1m)(1.1m)(1.9m)(3.0m)(880.1k)(1.9m)(2.4m)(440.5k)
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USDQ1, 2012

Financial Leverage

-3.8 x
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Protalex Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

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Protalex Online and Social Media Presence

Protalex's Trends

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Protalex Blogs

June 15, 2018

Protalex Announces Data from Phase 1b Trial of PRTX-100 in Patients with Immune Thrombocytopenia Presented at the European Hematology Association 23rd Annual Meeting

FLORHAM PARK, N.J.--(BUSINESS WIRE)-- Protalex, Inc. (OTCQB: PRTX), a clinical-stage biopharmaceutical company, today announced that data highlighting results from its European Phase 1b open-label, dose-escalation study of PRTX-100 in adult patients with persistent/chron…
June 12, 2018

Protalex Announces Lead Drug Candidate PRTX-100 Reduces Disease Activity in a Mouse Model of Myasthenia Gravis

Findings Support Advancement of PRTX-100 into its Third Clinical Indication FLORHAM PARK, N.J.--(BUSINESS WIRE)-- Protalex, Inc. (OTCQB:PRTX), a clinical-stage biopharmaceutical company, today announced preliminary findings that its lead drug candidate…

 Protalex Frequently Asked Questions

  • When was Protalex founded?

    Protalex was founded in 1999.

  • Who are Protalex key executives?

    Protalex's key executives are Arnold Kling and William Gannon.

  • How many employees does Protalex have?

    Protalex has 2 employees.

  • Who are Protalex competitors?

    Competitors of Protalex include Aerin Medical, Evox Therapeutics and Achaogen.

  • Where is Protalex headquarters?

    Protalex headquarters is located at 131 Columbia Turnpike, Florham Park.

  • Where are Protalex offices?

    Protalex has an office in Florham Park.

  • How many offices does Protalex have?

    Protalex has 1 office.