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Palatin Announces Exercise of Warrants for Approximately $6.1 Million Gross Proceeds
Prnewswire· 2024-06-21 12:00
CRANBURY, N.J., June 21, 2024 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN) ("Palatin" or the "Company"), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system, today announced that it has entered into a warrant inducement agreement with an institutional investor to exercise certain outstanding warrants that the Company issued in November 2022 and October 2023 totaling 3,233,277 shares of the Compan ...
Palatin Announces the Initiation of a Phase 2 Clinical Study of Bremelanotide Co-Administered with a PDE5i for the Treatment of Erectile Dysfunction (ED)
Prnewswire· 2024-06-20 11:30
In ED patients that do not respond to PDE5i monotherapy ~30-40% of ED patients do not respond to PDE5i treatment Data from this Phase 2 clinical study is expected by end of calendar year 2024 Published clinical data and mechanisms of action support clinical study of bremelanotide in combination with a PDE5i Phase 3 clinical study with new co-formulated bremelanotide plus a PDE5i in ED patients that do not respond to PDE5i monotherapy expected to start in the 1st half of calendar year 2025 "Approximately 30- ...
Palatin Initiates Phase 2 Clinical Study of Bremelanotide for the Treatment of Obesity
Prnewswire· 2024-06-12 11:30
Co-Administration Phase 2 study of bremelanotide with tirzepatide (GLP-1) to provide key information for melanocortin treatments of obesity Topline data expected by end of calendar year 2024 Additional studies under assessment for multiple metabolic conditions "Although GLP-1 agonists are currently the standard of care treatment for obesity, data shows that 67% of patients discontinue use due to side effects and a plateau effect in the first year," said Carl Spana, Ph.D., CEO and President of Palatin. "We b ...
Palatin Technologies (PTN) Upgraded to Buy: What Does It Mean for the Stock?
zacks.com· 2024-05-20 17:01
Investors might want to bet on Palatin Technologies, Inc. (PTN) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...
Palatin Technologies(PTN) - 2024 Q3 - Earnings Call Transcript
2024-05-15 17:54
There's no product out there that has that type of symptom relief. So, we really want to make sure we get these studies to drive that home. In addition to that we need to get the sign. The sign is more of a regulatory end point. And I think we've figured out how to do that-- when to measure, what to measure. It'll be inferior Corneal fluorescein staining. We'll do it at two weeks. So, it'll be relatively rapid measurement. And so, we think we're now really well positioned to deliver the rest of the program ...
Palatin Technologies(PTN) - 2024 Q3 - Quarterly Results
2024-05-15 12:40
Palatin Reports Third Quarter Fiscal Year 2024 Financial Results and Provides Corporate Update EX-99.1 2 ptn_ex991.htm PRESS RELEASE EXHIBIT 99.1 CRANBURY, NJ – May 15, 2024 /PRNewswire/ – Palatin Technologies, Inc. (NYSE American: PTN), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system, today announced financial results for its fiscal third quarter ended March 31, 2024. "Study results of our successful Phase 3 M ...
Palatin Technologies(PTN) - 2024 Q3 - Quarterly Report
2024-05-15 12:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Commission file number: 001-15543 PALATIN TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 95-4078884 (State ...
Palatin Reports Third Quarter Fiscal Year 2024 Financial Results and Provides Corporate Update
Prnewswire· 2024-05-15 11:30
Fiscal Third Quarter Ended March 31, 2024 Business Highlights and Recent Updates Anti-Inflammatory / Autoimmune Programs (melanocortin receptor agonists) Positive Phase 3 PL9643 MELODY-1 Pivotal Study Results Co-Primary Symptom Endpoint of Pain Met Statistical Significance (P<0.025) and 7 of 11 Secondary Symptom Endpoints Met Statistical Significance (P<0.05), at the12-Week Treatment Period Rapid Onset of Efficacy and Multiple Symptom Endpoints, Including the Co-Primary Pain Endpoint, Met Statistical Signif ...
Palatin Technologies(PTN) - 2024 Q1 - Earnings Call Presentation
2024-02-15 19:51
CORPORATE PRESENTATION February 2024 Stephen T. Wills, CPA/MST CFO / COO 2 3 Vyleesi®(bremelanotide) Hypoactive Sexual Desire Disorder * These programs are planned but dependent on funding. Ophthalmology MCr Programs Conjunctiva/Cornea/Ocular surface • Glaucoma | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|------- ...
Palatin Technologies(PTN) - 2024 Q2 - Earnings Call Transcript
2024-02-15 19:49
Joe Pantginis Okay. No idea what happened there because I don't even have a mute on this phone -- I was not on mute. Anyway, so I was hoping maybe starting at the back end of your comments about providing some level of the mechanistic rationale of combining bremelanotide with GLP-1 agonist or one of those therapies for weight loss right now about -- whether it could be the maintenance setting or why those two drugs can really work together for the broader audience? Carl Spana Sure. I'll try to do it in a si ...