PALATIN TECHNOLOGIES INC (PTN)

Company Profile

Palatin Technologies, Inc. is a biopharmaceutical company, which engages in the development of medicines based on molecules that modulate the activity of the melanocortin receptor system. The company is headquartered in Cranbury, New Jersey and currently employs 34 full-time employees. The firm is engaged in developing medicines based on molecules that modulate the activity of the melanocortin receptor systems, with targeted, receptor-specific product candidates for the treatment of diseases with unmet medical need and commercial potential. Its new product development activities focus primarily on MC1r agonists, with potential to treat inflammatory and autoimmune diseases, such as dry eye disease, known as keratoconjunctivitis sicca, uveitis, diabetic retinopathy, and inflammatory bowel disease. The company is also engaged developing peptides that are active at more than one melanocortin receptor, and MC4r peptide and small molecule agonists with potential utility in obesity and metabolic-related disorders, including rare disease and orphan indications. The company has completed Phase III PL9643 clinical study for dry eye disease. The company is also conducting Phase II study of oral PL8177 in patients with ulcerative colitis.

Company Info

PALATIN TECHNOLOGIES INC

4B Cedar Brook Drive

Cranbury NEW JERSEY 08512

P: 16094952200

CEO: Carl Spana

Employees: 34

Website: https://www.palatin.com/