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Last $0.90 USD
Change Today +0.0199 / 2.26%
Volume 699.0K
PTN On Other Exchanges
Symbol
Exchange
NYSE Amex
Frankfurt
As of 8:04 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

palatin technologies inc (PTN) Snapshot

Open
$0.88
Previous Close
$0.88
Day High
$0.97
Day Low
$0.88
52 Week High
03/4/15 - $1.34
52 Week Low
10/28/14 - $0.59
Market Cap
37.9M
Average Volume 10 Days
106.3K
EPS TTM
$-0.07
Shares Outstanding
42.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PALATIN TECHNOLOGIES INC (PTN)

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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 Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015

Palatin Technologies Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, the company's loss from operations was $8,722,391 compared to $3,363,738 a year ago. Loss before income taxes was $9,150,538 compared to $3,359,557 a year ago. Net loss was $9,150,538 compared to $1,512,911 a year ago. Basic and diluted net loss per common share was $0.07 compared to $0.01 a year ago. The increase in net loss for the quarter ended March 31, 2015 compared to the same period last fiscal year was attributable to the increase in research and development expenses related to Phase 3 reconnectstudy with bremelanotide for the treatment of FSD. For the nine months, the company's loss from operations was $5,505,865 compared to $11,466,826 a year ago. Loss before income taxes was $6,110,584 compared to $11,455,200 a year ago. Net loss was $5,579,076 compared to $9,608,554 a year ago. Basic and diluted net loss per common share was $0.05 compared to $0.09 a year ago. Contract revenues were $12,951,730.

Palatin Technologies Inc. to Report Q3, 2015 Results on May 13, 2015

Palatin Technologies Inc. announced that they will report Q3, 2015 results at 9:00 AM, Eastern Standard Time on May 13, 2015

Palatin Technologies Inc., Q3 2015 Earnings Call, May 13, 2015

Palatin Technologies Inc., Q3 2015 Earnings Call, May 13, 2015

 

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Price/Sales 2.9x
Price/Book 1.5x
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