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Last $1.02 USD
Change Today -0.03 / -2.86%
Volume 69.8K
PTN On Other Exchanges
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As of 1:50 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

palatin technologies inc (PTN) Key Developments

Palatin Technologies Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2014

Palatin Technologies Inc. announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company reported contract revenue of $8,019,415. Income from operations was $2,322,638 against loss of $3,610,438 a year ago. Income before income taxes was $2,245,280 against loss of $3,606,461 a year ago. Net income was $2,776,788 or $0.03 per diluted share against loss of $3,606,461 or $0.03 per diluted share a year ago. The increase in net income for the quarter ended December 31, 2014 compared to the same period last fiscal year was mainly attributable to the recognition of approximately $8.0 million in contract revenue pursuant to its agreement with Gedeon Richter. For the six months period, the company reported contract revenue of $12,951,730. Income from operations was $3,216,526 against loss of $8,103,088 a year ago. Income before income taxes was $3,039,954 against loss of $8,095,643 a year ago. Net income was $3,571,462 or $0.03 per diluted share against loss of $8,095,643 or $0.08 per diluted share a year ago.

Palatin Technologies Inc. Presents at 27th Annual ROTH Conference, Mar-11-2015 10:30 AM

Palatin Technologies Inc. Presents at 27th Annual ROTH Conference, Mar-11-2015 10:30 AM. Venue: The Ritz Carlton, 1 Ritz Carlton Dr, Dana Point, CA 92629, United States. Speakers: Carl Spana, Co-Founder, Chief Executive Officer, President and Director.

Palatin Technologies Inc. to Report Q2, 2015 Results on Feb 13, 2015

Palatin Technologies Inc. announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on Feb 13, 2015

Palatin Technologies Inc., Q2 2015 Earnings Call, Feb 13, 2015

Palatin Technologies Inc., Q2 2015 Earnings Call, Feb 13, 2015

Palatin Technologies, Inc. Initiates Phase 3 Reconnect Study in United States for Female Sexual Dysfunction

Palatin Technologies Inc. announced that it has started its bremelanotide pivotal registration program. The company has initiated its phase 3 reconnect study in the United States for the treatment of female sexual dysfunction (FSD). The start of the reconnect study phase 3 clinical trial in the U.S triggers a development milestone payment of $3 million from Gedeon Richter Plc, Palatin's partner in Europe for bremelanotide for FSD. Palatin is also eligible to receive regulatory and sales milestones, and low double-digit royalties on net sales in the European licensed territory. Protocol 301 of the reconnect study is a multicenter (~80 sites), randomized, placebo controlled, parallel-group, eight month trial with an open-label extension phase. It is designed to randomize approximately 550 women in North America to evaluate the efficacy and safety of subcutaneous bremelanotide in premenopausal women with hypoactive sexual desire disorder (HSDD) as an on-demand, as-needed treatment. Initial data from the study is anticipated in the middle of calendar year 2016.

 

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