Palatin Technologies

About:

Palatin Technologies is a biopharmaceutical company developing targeted receptor specific peptide therapeutics to treat diseases.

Website: http://palatin.com

Twitter/X: PalatinTech

Top Investors: NJEDA, Deutsche Bank, Horizon Technology Finance, Lombard Odier, QVT Financial

Description:

Palatin Technologies is a biopharmaceutical company developing targeted, receptor-specific peptide therapeutics for treating diseases with significant unmet medical needs and commercial potential. Their programs are based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems. Their primary product in clinical development is bremelanotide for treating female sexual dysfunction (FSD). In addition, they have drug candidates or development programs for obesity, erectile dysfunction, pulmonary diseases, cardiovascular diseases, and inflammatory diseases. Their current focus is on the design and development of receptor-selective melanocortin agonists for inflammation and autoimmune conditions, with a focus on ocular diseases. Their therapeutics work by activating endogenous melanocortin pathways to resolve damaging inflammation and allow affected tissues time to heal. Research has shown melanocortin agonists can prevent and reverse inflammation in disease models, including in the eyes and intestine—two of their targeted areas.

Total Funding Amount:

$134M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Cranbury, New Jersey, United States

Founded Date:

1986-01-01

Contact Email:

info(AT)palatin.com

Founders:

Carl Spana, John Prendergast

Number of Employees:

11-50

Last Funding Date:

2024-01-30

IPO Status:

Public

Industries:

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