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Palatin

0.2310
+0.01105.00%
Post-market: 0.1950-0.0360-15.58%19:59 EDT
Volume:3.73M
Turnover:795.85K
Market Cap:6.50M
PE:-0.16
High:0.2310
Open:0.1910
Low:0.1910
Close:0.2200
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Company Profile

Company Name:
Palatin
Exchange:
AMEX
Establishment Date:
1986
Employees:
30
Office Location:
Cedar Brook Corporate Center,4-B Cedar Brook Drive,Cranbury,New Jersey,United States
Zip Code:
08512
Fax:
609 495 2202
Introduction:
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 is in Phase 2 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, which is in Phase 3 clinical trial; and melanocortin peptides for diabetic retinopathy. Further, it is developing PL8177, an oral peptide formulation for treatment of ulcerative colitis, which entered Phase 2 clinical trials. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.

Directors

Name
Position
Carl Spana
Chief Executive Officer, President and Director
John K.A. Prendergast
Director, Chairman of the Board
Alan W. Dunton
Director
Anthony M. Manning
Director
Arlene M. Morris
Director
J. Stanley Hull
Director
Robert K. deVeer, Jr.
Director

Shareholders

Name
Position
Carl Spana
Chief Executive Officer, President and Director
Stephen T. Wills
Chief Financial Officer, Chief Operating Officer, Executive Vice President, Secretary and Treasurer