Palatin Technologies (PTN)

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Palatin Technologies Inc. is a biopharmaceutical company developing medicines that act on the melanocortin receptor system, a group of receptors involved in multiple biological functions including inflammation, metabolism, sexual function, and tissue protection. The company’s strategy is to design receptor-selective therapies that can address diseases where existing treatment options are limited or inadequate.

Palatin’s research platform is built around molecules that modulate melanocortin pathways in a targeted way. This receptor family has attracted interest because different melanocortin receptors can influence distinct physiological processes, allowing drug candidates to be tailored for specific therapeutic goals. The company focuses on first-in-class or differentiated candidates with potential use in areas of unmet medical need.

Palatin is best known commercially for its role in developing Vyleesi, a treatment for premenopausal women with acquired, generalized hypoactive sexual desire disorder. Beyond that product, the company has pursued a pipeline that includes programs in inflammatory and autoimmune conditions, as well as other indications where melanocortin biology may have clinical relevance.

As a life sciences business, Palatin’s value is closely tied to clinical trial progress, regulatory outcomes, partnering activity, and the commercial potential of its drug candidates. It operates in a sector where development timelines can be long and risk is high, but successful therapies can create meaningful opportunities if they address clearly defined patient populations. The company offers investors exposure to a specialized area of receptor-based drug discovery rather than a broad pharmaceutical portfolio.

13.50 USD
5.44 USD
−0.40 (-2.88%)
After-hours

Last updated

Market Cap
24.02M
P/E
P/FCF
P/S
1.86
Enterprise Value
13.86M
Sector
Health Care
Industry
Pharmaceutical Preparations
Address
4B CEDAR BROOK DRIVE, CRANBURY, NJ, 08512
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Market Cap
24.02M
Enterprise Value
13.86M
P/E
P/B
2.27
P/S
1.86
EV / EBITDA
-1.51
EV / Sales
1.08
EPS
-3.51
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-14.98M
ROE
-59%
ROA
-47.25%
Debt / Equity
0
Current Ratio
5.04
Quick Ratio
5.04
Cash
4.01
Avg Volume
14.42K
Fundamentals Snapshot Price
13.5

Income Statement

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Revenue 3.92M 116.04K 8.85M
Gross profit 3.92M 116.04K 8.85M
Operating income -1.58M -7.33M 4.66M -5.02M -4.81M
EBITDA -1.56M -7.31M 4.68M -4.97M -4.76M
Net income -1.43M -7.26M 4.68M -2.23M -4.81M
Basic EPS -0.37 -2.86 4.81 1.85 -9.13
Diluted EPS -0.37 -2.86 4.26 1.85 -9.13

Balance Sheet

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Total assets 13.23M 17.93M 8.61M 3.27M 3.73M
Total liabilities 2.63M 6.46M 8.22M 8.04M 10.12M
Total equity 10.59M 11.47M 396.4K -4.78M -6.39M
Cash & equivalents 10.16M 14.48M 1.27M 2.56M 2.52M
Current assets 12.79M 17.47M 8.37M 2.92M 3.23M
Current liabilities 2.54M 6.33M 8.22M 8.01M 10.05M

Cash Flow

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Operating cash flow -4.42M -4.81M -1.62M -4.09M -5.35M
Investing cash flow -38.48K -12.82K 630K 0
Financing cash flow 138.88K 18.02M 328.2K 3.5M 4.46M
Change in cash -4.32M 13.2M -1.29M 44.2K -896.54K
Kind Filing Date Link
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