Last $0.65 USD
Change Today +0.0088 / 1.37%
Volume 117.3K
PTN On Other Exchanges
As of 8:04 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

palatin technologies inc (PTN) Snapshot

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52 Week High
03/20/14 - $1.50
52 Week Low
10/28/14 - $0.59
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palatin technologies inc (PTN) Details

Palatin Technologies, Inc., a biopharmaceutical company, develops peptide therapeutics for the treatment of diseases. The company’s clinical development product is Bremelanotide, a peptide melanocortin receptor agonist that has completed Phase 2B clinical trial for the treatment of female sexual dysfunction (FSD). Its drug development programs include Melanocortin receptor-1 agonist peptides for the treatment of inflammatory and dermatologic disease indications; Next Generation Melanocortin receptor-4 peptide agonists, which is in preclinical trials for the treatment of erectile dysfunction; and PL-3994, a natriuretic peptide receptor-A agonist that has completed Phase I clinical trial for the treatment of cardiovascular and pulmonary indications, as well as other melanocortin programs. The company has a license, co-development, and commercialization agreement with Gedeon Richter Plc to commercialize Bremelanotide for FSD in Europe and selected countries; and research collaboration and license agreement with AstraZeneca AB to discover, develop, and commercialize compounds that target melanocortin receptors for the treatment of obesity, diabetes, and related metabolic syndrome. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.

17 Employees
Last Reported Date: 10/22/14
Founded in 1986

palatin technologies inc (PTN) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $450.0K
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $410.0K
Compensation as of Fiscal Year 2014.

palatin technologies inc (PTN) Key Developments

Palatin Technologies Inc. Reports Consolidated Unaudited Earnings Results for the First Quarter Ended September 30, 2014

Palatin Technologies Inc. reported consolidated unaudited earnings results for the first quarter ended September 30, 2014. For the period, the company reported license revenue was $4,932,315. Income from operations was $893,888 compared with $4,492,650 for the same period last year. Net income was $794,674 or $0.01 diluted per share compared with net loss of $4,489,182 or $0.01 diluted per share for the same period last year. The increase in net income last fiscal year was mainly attributable to the recognition of $4.9 million in revenue pursuant to its agreement with Gedeon Richter.

Palatin Technologies Inc. to Report Q1, 2015 Results on Nov 18, 2014

Palatin Technologies Inc. announced that they will report Q1, 2015 results at 11:00 AM, US Eastern Standard Time on Nov 18, 2014

Palatin Technologies Inc., Q1 2015 Earnings Call, Nov 18, 2014

Palatin Technologies Inc., Q1 2015 Earnings Call, Nov 18, 2014


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