Company Palatin Technologies, Inc.

Equities

PTN

US6960775020

Biotechnology & Medical Research

Market Closed - Nyse 04:00:00 2024-04-15 pm EDT 5-day change 1st Jan Change
1.82 USD -5.21% Intraday chart for Palatin Technologies, Inc. -9.90% -54.27%

Business Summary

Palatin Technologies, Inc. is a biopharmaceutical company. The Company 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. It 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. It has completed Phase III PL9643 clinical study for dry eye disease. It is also conducting Phase II study of oral PL8177 in patients with ulcerative colitis.

Number of employees: 34

Sales per Business

USD in Million2022Weight2023Weight Delta
Melanocortin Receptor System
100.0 %
1 100.0 % 5 100.0 % +230.53%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1 100.0 % 5 100.0 % +230.53%

Managers

Managers TitleAgeSince
Founder 61 86-11-20
Director of Finance/CFO 67 96-12-31
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - 21-06-27
General Counsel - -
Corporate Officer/Principal - 21-06-27
General Counsel - -
Corporate Officer/Principal 64 21-06-27

Members of the board

Members of the board TitleAgeSince
Founder 70 86-11-20
Founder 61 86-11-20
Director/Board Member 78 98-10-31
Director/Board Member 71 05-09-14
Director/Board Member 70 11-06-21
Director/Board Member 72 15-05-31
Director/Board Member 62 17-09-06

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 16,136,640 15,602,262 ( 96.69 %) 0 96.66 %
Stock B 0 4,030 0 0

Shareholders

NameEquities%Valuation
Armistice Capital LLC
3.656 %
590,000 3.656 % 1 M $
Vanguard Global Advisers LLC
3.400 %
548,622 3.400 % 1 M $
327,522 2.030 % 612 466 $
Carl Spana
1.352 %
218,126 1.352 % 407 896 $
LPL Financial LLC
0.9072 %
146,396 0.9072 % 273 761 $
BlackRock Institutional Trust Co. NA
0.7407 %
119,518 0.7407 % 223 499 $
Geode Capital Management LLC
0.5834 %
94,148 0.5834 % 176 057 $
40,845 0.2531 % 76 380 $
34,310 0.2126 % 64 160 $
30,295 0.1877 % 56 652 $
NameEquities%Valuation
Pontifax Medison Finance (Israe) LP
69.93 %
5,664,330 69.93 % 11 M $
NameEquities%Valuation
500 10.01 % 88 $
500 10.01 % 88 $
Estate Of Cassidy Thomas L
10.01 %
500 10.01 % 88 $
Laura Gold Galleries Ltd. Profit Sharing Trust
5.003 %
250 5.003 % 44 $
250 5.003 % 44 $
250 5.003 % 44 $
Laura Gold
5.003 %
250 5.003 % 44 $
250 5.003 % 44 $
250 5.003 % 44 $
Art Nagle
5.003 %
250 5.003 % 44 $

Company contact information

Palatin Technologies, Inc.

Cedar Brook Corporate Center 4-B Cedar Brook Drive

08512, Cranbury

+609 495 2200

http://www.palatin.com
address Palatin Technologies, Inc.(PTN)
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