OverviewSuggest Edit

Palatin Technologies is a biopharmaceutical company, developing targeted, receptor-specific peptide therapeutics for the treatment of various diseases. The Company’s principal product is Bremelanotide, an as needed subcutaneous injectable peptide melanocortin receptor agonist, which is in the Phase III clinical studies for the treatment of premenopausal women with hypoactive sexual desire disorder. Its drug development programs also include melanocortin peptide system program, including PL-8177, a selective melanocortin receptor 1 agonist peptide for inflammatory bowel diseases; and PL-8331, a preclinical development candidate for treating ocular inflammation.

TypePublic
Founded1986
HQEast Windsor, NJ, US
Websitepalatin.com

Latest Updates

Employees (est.) (Sept 2019)18(-5%)
Revenue (FY, 2019)$60.3 M(-10%)
Share Price (Jan 2021)$0.9 (+16%)
Cybersecurity ratingAMore

Key People/Management at Palatin Technologies

Carl Spana

Carl Spana

President, Chief Executive Officer and Director
John K.A. Prendergast

John K.A. Prendergast

Chairman of the Board
Stephen T. Wills

Stephen T. Wills

Executive Vice President, Chief Financial Officer and Chief Operating Officer
Robert K. Deveer

Robert K. Deveer

Director
Alan W. Dunton

Alan W. Dunton

Director
Angela Rossetti

Angela Rossetti

Director
Show more

Palatin Technologies Office Locations

Palatin Technologies has an office in East Windsor
East Windsor, NJ, US (HQ)
4 Cedarbrook Dr
Show all (1)

Palatin Technologies Financials and Metrics

Palatin Technologies Revenue

Palatin Technologies's revenue was reported to be $60.30 m in FY, 2019
USD

Net income (Q3, 2020)

(5.4m)

EBIT (Q3, 2020)

(5.7m)

Market capitalization (19-Jan-2021)

206.9m

Closing stock price (19-Jan-2021)

0.9

Cash (31-Mar-2020)

88.9m

EV

118.1m
Palatin Technologies's current market capitalization is $206.9 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

73.7k10.4k13.0m44.7m67.1m60.3m

Revenue growth, %

(100%)

General and administrative expense

5.0m5.1m5.0m5.7m6.2m9.6m8.6m9.7m

R&D expense

13.8m10.5m10.8m24.6m43.1m45.7m32.6m14.9m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

27.2k11.5k24.0k3.8k6.6k4.9m8.0m10.8m26.9m10.6m9.0m34.5k97.4k20.6k

General and administrative expense

1.1m1.0m1.3m1.1m1.0m1.1m1.0m980.1k1.2m1.1m1.4m1.1m1.2m1.4m1.4m1.2m1.3m4.8m1.5m1.6m2.4m2.0m2.1m1.8m1.8m2.4m2.1m

R&D expense

2.3m2.7m4.7m2.3m2.4m2.9m3.4m2.6m2.2m2.9m4.3m7.6m10.6m11.3m10.7m11.2m8.1m9.1m14.2m6.0m7.1m3.6m3.0m3.9m3.1m3.3m3.6m

Operating expense total

3.4m3.7m6.1m3.4m3.4m4.0m4.5m3.6m3.4m4.0m5.7m8.7m11.8m12.6m12.1m12.4m9.4m13.8m15.7m7.7m9.5m5.7m5.1m5.8m5.0m5.7m5.7m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.8m19.2m12.2m27.3m8.0m40.2m38.0m43.5m

Accounts Receivable

27.6k5.5m15.1m60.3m

Prepaid Expenses

532.0k332.3k156.4k1.9m1.0m513.7k637.3k

Inventories

1.4m
USDQ1, 2012

Financial Leverage

1.1 x
Show all financial metrics

Palatin Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Palatin Technologies Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Palatin Technologies Online and Social Media Presence

Embed Graph

Palatin Technologies News and Updates

Palatin Technologies Announces Positive Results From its Phase 2 Study of PL9643 in Patients With Dry Eye Disease

CRANBURY, N.J., Dec. 15, 2020 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN), a specialized biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin peptide receptor systems, today announced positive...

Palatin Technologies, Inc. Reports First Quarter Fiscal Year 2021 Results and Provides Business Update

CRANBURY, N.J., Nov. 17, 2020 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN), a specialized biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems, today...

Palatin Technologies, Inc. to Report First Quarter, Fiscal Year 2021 Results; Teleconference and Webcast to be held on November 17, 2020

CRANBURY, N.J., Nov. 12, 2020 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN) will announce its first quarter, fiscal year 2021 operating results on Tuesday, November 17, 2020 before the open of the U.S. financial markets. Palatin will also conduct a conference call and...

Palatin Technologies, Inc. Announces Fourth Quarter and Fiscal Year 2020 Financial Results and Provides a Business Update

CRANBURY, N.J., Sept. 28, 2020 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN), a specialized biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems, today...

Palatin Technologies, Inc. Announces Completion of Enrollment of Phase 2 Study with PL9643 for the Treatment of Dry Eye Disease

CRANBURY, N.J., Aug. 5, 2020 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN), a specialized biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems, today...

Palatin Technologies, Inc. Announces Reinitiation of Enrollment of Phase 2 Study with PL9643 for the Treatment of Dry Eye Disease

CRANBURY, N.J., July 8, 2020 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN), a specialized biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems, today...
Show more

Palatin Technologies Frequently Asked Questions

  • When was Palatin Technologies founded?

    Palatin Technologies was founded in 1986.

  • Who are Palatin Technologies key executives?

    Palatin Technologies's key executives are Carl Spana, John K.A. Prendergast and Stephen T. Wills.

  • How many employees does Palatin Technologies have?

    Palatin Technologies has 18 employees.

  • What is Palatin Technologies revenue?

    Latest Palatin Technologies annual revenue is $60.3 m.

  • What is Palatin Technologies revenue per employee?

    Latest Palatin Technologies revenue per employee is $3.4 m.

  • Who are Palatin Technologies competitors?

    Competitors of Palatin Technologies include Censa Pharmaceuticals, Ortho Dermatologics and Retrophin.

  • Where is Palatin Technologies headquarters?

    Palatin Technologies headquarters is located at 4 Cedarbrook Dr, East Windsor.

  • Where are Palatin Technologies offices?

    Palatin Technologies has an office in East Windsor.

  • How many offices does Palatin Technologies have?

    Palatin Technologies has 1 office.