Palatin Technologies (PTN) Misses Q4 EPS by 3c

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Palatin Technologies, Inc. Reports Fourth Quarter and Fiscal Year End 2015 Results

September 21, 2015 7:30 AM EDT

CRANBURY, N.J., Sept. 21, 2015 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE MKT: PTN), a biopharmaceutical company developing targeted, receptor-specific peptide therapeutics for the treatment of diseases with significant unmet medical need and commercial potential, today announced results for its fourth quarter and fiscal year ended June 30, 2015. 

Fiscal Year Ended June 30, 2015 and Recent Highlights

Bremelanotide development for Female Sexual Dysfunction (FSD): Palatin initiated Protocols 301 and 302 of its Phase 3 reconnect study in the United States and Canada for the treatment of FSD in December 2014 and... More

Palatin Technologies and Richter Terminate License Agreement for Bremelanotide for Female Sexual Dysfunction

September 21, 2015 7:00 AM EDT

CRANBURY, N.J., Sept. 21, 2015 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE MKT: PTN), a biopharmaceutical company developing targeted, receptor-specific peptide therapeutics for the treatment of diseases with significant unmet medical need and commercial potential, today announced that the Company and Gedeon Richter (Richter) mutually and amicably agreed to terminate the license and collaboration agreement for bremelanotide for the treatment of female sexual dysfunction (FSD). All rights and licenses granted to Richter have terminated and reverted back to Palatin. There are no payment or reimbursement obligations as a result of the license agreement... More