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Palatin Technologies, Inc.

PTN
Healthcare|Biotechnology|US
$6.27
+0.56 (+9.81%)
Tangible Book / Share
$1.71
Cash / Share
$1.91

About

Palatin Technologies, Inc., a biopharmaceutical company, develops first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system in the United States. It is developing oral small molecule PL7737 MC4R agonist in preclinical studies; long-acting peptide MC4R agonists; and Bremelanotide co-administration with Tirzepatide to treat obesity in Phase 2 trial, as well as Bremelanotide co-formulated with a PDE5i for the treatment of ED in patients not adequately responsive to PDE5i monotherapy. The company also develops PL9643 for dry eye disease and anti-inflammatory ocular indications; and oral PL8177 for the treatment inflammatory bowel diseases. Palatin Technologies, Inc. was incorporated in 1986 and is based in Monmouth Junction, New Jersey.

Stock Price

-17.7%(1Y)
1M
-30.4%
3M
-19.3%
6M
-67.8%
YTD
-59.2%
1Y
-37.6%
3Y
-93.7%
5Y
-98.8%

Pipeline Summary

12 total trials
0
Phase 1
9
Phase 2
3
Phase 3
0
Phase 4
Completed: 8Withdrawn: 1Active: 2Terminated: 1

Active Trials (2)

A Phase 2 Study Evaluating the Co-Administration of Bremelanotide With Tirzepatide for the Treatment of Obesity
NCT06565611Obesity
Phase 2Active
Enrollment: 108 participants
Phase 2a to Evaluate PL-8177 in Subjects with Active Ulcerative Colitis (UC)
NCT05466890Ulcerative Colitis
Phase 2Active
Enrollment: 16 participants

Key Facts

Market Cap$11.2M
Employees25 (-14% YoY)
CEOCarl Spana
IPO DateOct 15, 1997
Beta-0.07
52-Week Range$4.51 – $31
Avg Volume54,308
ExchangeNASDAQ

Ownership

Float87.8%
Shares Outstanding1.8M

Recent Insider Trades

Morris ArleneZ
Aug 3, 20262,400 shares @ $7.70
DUNTON ALAN WZ
Aug 3, 20262,200 shares @ $7.70
PRENDERGAST JOHN K AZ
Aug 3, 20262,900 shares @ $7.70
SPANA CARLTAX W/H
Jul 15, 202633 shares @ $11.77
SPANA CARLTAX W/H
Jul 15, 2026119 shares @ $11.72

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Data last updated: Nov 9, 2026, 04:30 AM