Palatin Technologies, Inc. (0KF3.L) LSE

13.60

-1.2(-8.11%)

Updated at June 02 04:39PM

Currency In USD

Palatin Technologies, Inc.

Address

Cedar Brook Corporate Center

Cranbury, NJ 08512

United States of America (the)

Phone

609 495 2200

Sector

Healthcare

Industry

Biotechnology

Employees

30

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Carl SpanaCo-Founder, President, Chief Executive Officer & Director738,5001962
Stephen T. WillsChief Financial Officer, Chief Operating Officer, Executive Vice President, Treasurer & Secretary687,9601957
Stephen A. SlusherChief Legal Officer0N/A
Michael RaizmanChief Medical Officer0N/A
John DoddSenior Vice President of Preclinical Development0N/A
Robert JordanSenior Vice President of Program Operations0N/A
Burns McClellanVice President of Investor Relations0N/A
James E. HattersleySenior Vice President of Business Development01960

Description

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 has completed Phase I 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; and melanocortin peptides for diabetic retinopathy. Further, it is developing PL3994, a natriuretic peptide receptor (NPR)-A agonist and synthetic mimetic of the endogenous neuropeptide hormone atrial natriuretic peptide for cardiovascular indications; and PL5028, an NPR-A and NPR-binder to treat cardiovascular and fibrotic diseases, including reducing cardiac hypertrophy and fibrosis. The company was incorporated in 1986 and is based in Cranbury, New Jersey.