Palatin Technologies Inc
F:PTN

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Palatin Technologies Inc Logo
Palatin Technologies Inc
F:PTN
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Price: 3.3 EUR Market Closed
Market Cap: 34m EUR

Palatin Technologies Inc
Investor Relations

Palatin Technologies Inc. is a clinical-stage biopharmaceutical company that focuses on developing innovative therapies to address unmet medical needs in various health conditions, particularly in women's health and sexual dysfunction. The company is primarily known for its lead product candidate, Vyleesi (bremelanotide injection), which was approved by the FDA for the treatment of premenopausal women with hypoactive sexual desire disorder (HSDD). This groundbreaking therapy offers a novel approach to a condition that has traditionally been underserved, highlighting Palatin’s commitment to improving quality of life for its patients. With a robust pipeline of other potential treatments, the company is positioning itself to be a significant player in the biotech sector.

Investors will find Palatin appealing not only for its unique product offerings but also for its strategic partnerships and collaborations that enhance its research capabilities and market reach. The company has established relationships with key healthcare organizations, enabling it to conduct pivotal clinical trials and expand its product visibility. Additionally, leadership at Palatin utilizes a disciplined, value-investing approach, ensuring that resources are allocated wisely towards projects with solid scientific backing and commercial potential. As the company advances its portfolio, it aims to create long-term shareholder value while addressing critical areas of health, making it a compelling opportunity for those looking to invest in the future of biopharmaceutical innovations.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
May 14, 2025
AI Summary
Q3 2025

Delisting News: Palatin's stock was suspended from the NYSE American due to low share price and now trades on the OTC Pink Market, though management is contesting the decision.

Financial Results: Operating expenses, net loss, and cash used in operations all dropped sharply year-over-year, reflecting lower R&D spending.

Cash Position: Cash fell to $2.5 million at the end of March, down from $9.5 million last June, but does not include $3.5 million raised through recent equity activities.

Obesity Program Progress: Positive Phase II results for combined bremelanotide and tirzepatide showed greater weight loss and maintenance, with new compounds moving forward pending financing.

Ulcerative Colitis and Dry Eye: Positive top-line data reported for Phase II and III studies, respectively, with significant business development activity and out-licensing efforts underway.

Strategic Focus: R&D is focused on next-generation melanocortin-4 receptor agonists for obesity, aiming for once-daily or weekly dosing and fewer side effects.

Key Financials
Operating Expenses
$4.8 million
Net Loss
$4.8 million
Net Cash Used in Operations
$5.4 million
Cash and Cash Equivalents
$2.5 million
Recent Equity Proceeds
$3.5 million
Obesity Phase II Study Weight Loss (Combo Arm)
4.4% weight reduction
Obesity Phase II Study >7% Weight Loss
19% of patients (combo arm)
Ulcerative Colitis Clinical Remission (PL8177)
33%
Ulcerative Colitis Clinical Response (PL8177)
78%
Ulcerative Colitis Symptomatic Remission (PL8177)
56%
Earnings Call Recording
Other Earnings Calls

Management

Dr. Carl Spana Ph.D.
Co-Founder, President, CEO & Director
No Bio Available
Mr. Stephen T. Wills CPA, MST
CFO, COO, Executive VP, Treasurer & Secretary
No Bio Available
Burns McClellan
Vice President of Investor Relations
No Bio Available
Mr. Stephen A. Slusher Esq.
Chief Legal Officer
No Bio Available
Dr. Michael B. Raizman M.D.
Chief Medical Officer
No Bio Available
Mr. James E. Hattersley
Senior Vice President of Business Development
No Bio Available
Mr. John Dodd Ph.D.
Senior Vice President of Preclinical Development
No Bio Available
Mr. Robert Jordan
Senior Vice President of Program Operations
No Bio Available

Contacts

Address
NEW JERSEY
Cranbury
4B Cedar Brook Drive
Contacts
+16094952200.0
www.palatin.com