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XASE
PTN
Market cap16mUSD
Oct 08, Last price  
9.01USD
1D
-5.36%
1Q
-9.90%
Name

Palatin Technologies Inc

Chart & performance

D1W1MN
XASE:PTN chart
P/E
—
P/S
1.22
EPS
—
Div yield, %
—
Shrs. gr., 5y
-21.47%
Rev. gr., 5y
-40.52%
Revenues
13m
14,405,66511,483,28711,351,77414,180,7271,475,45773,73610,361012,951,730044,723,82767,134,75860,300,476117,989-188,5971,468,4574,853,6784,490,090013,185,031
Net income
-8m
L-51.59%
-27,751,524-14,384,369-4,802,232-1,792,508-12,815,929-17,253,178-20,862,174-13,928,294-17,665,563-51,712,936-13,331,53324,702,71435,773,027-22,426,023-33,568,814-36,198,299-24,036,741-29,736,113-17,307,349-8,377,895
CFO
-14m
L-36.48%
-22,051,232-20,577,925-5,443,597-5,729,744-11,030,234-15,486,902-13,649,370-12,207,656-13,358,042-47,363,81412,881,5271,703,103-21,782,84141,326,415-22,647,991-29,922,749-28,419,000-31,461,441-21,306,637-13,533,270

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Profile

Palatin Technologies, Inc., a biopharmaceutical company, develops first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system in the United States. It is developing oral small molecule PL7737 MC4R agonist in preclinical studies; long-acting peptide MC4R agonists; and Bremelanotide co-administration with Tirzepatide to treat obesity in Phase 2 trial, as well as Bremelanotide co-formulated with a PDE5i for the treatment of ED in patients not adequately responsive to PDE5i monotherapy. The company also develops PL9643 for dry eye disease and anti-inflammatory ocular indications; and oral PL8177 for the treatment inflammatory bowel diseases. Palatin Technologies, Inc. was incorporated in 1986 and is based in Monmouth Junction, New Jersey.

Key people

Chairman of the Board · since 2014
President, Chief Executive Officer, Director · since 2000
Robert K. deVeer
Independent Director · since 1998
Independent Director · since 2011
Joseph Stanley Hull
Independent Director · since 2005
Independent Director · since 2017
Independent Director · since 2015
Angela Rossetti
Independent Director · since 2013
IPO date
Dec 21, 1999
Employees
33
Domiciled in
US
Incorporated in
US
Legal address
C/O Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, DE 19808
US
Headquarters
4C Cedar Brook Drive
Cranbury, NJ 08512
US

Valuation

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