Palatin Technologies, Inc. (PTN) News & Overview - Discounting Cash Flows
PTN
Palatin Technologies, Inc.
PTN (AMEX)

PTN's Business Model

Palatin Technologies, Inc., a biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States. The company's lead product is Vyleesi, a melanocortin receptor (MCr) agonist for the treatment of premenopausal women with hypoactive sexual desire disorder. It is also developing oral PL8177, a selective MC1r agonist peptide that has completed Phase I clinical trial for the treatment of inflammatory bowel diseases. In addition, the company engages in the development of PL9643, a peptide melanocortin agonist active at multiple MCrs, including MC1r and MC5r for anti-inflammatory ocular indications, such as dry eye disease; and melanocortin peptides for diabetic retinopathy. Further, it is developing PL3994, a natriuretic peptide receptor (NPR)-A agonist and synthetic mimetic of the endogenous neuropeptide hormone atrial natriuretic peptide for cardiovascular indications; and PL5028, an NPR-A and NPR-binder to treat cardiovascular and fibrotic diseases, including reducing cardiac hypertrophy and fibrosis. The company was incorporated in 1986 and is based in Cranbury, New Jersey.
Sector & Industry Healthcare / Biotechnology
Website https://palatin.com
CEO (Chief Executive Officer) Carl Spana
Number of Employees
IPO date October 15, 1997

PTN Latest News

Contact
CountryUS
AddressCedar Brook Corporate Center
CityCranbury
StateNJ
Phone609 495 2200
Zip Code08512
Other Identifiers
CIK0000911216
ISINUS6960775020
CUSIP696077403
Open14.48
Previous Close14.71
Volume32.71 Thou.
Average Volume61.32 Thou.
Day’s Range14.48 – 17.4
52 Week Range2-69
MA (50)18.3886
MA (200)10.6124
Market Cap448.6 Mil.
Shares Out.26.01 Mil.
Earnings DateMay 14, 2025
Beta
Last Dividend
EPS
PE

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