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Palatin Technologies

NASDAQ: PTN $9.69 USD~$13M (August 2026) MCAP

Palatin Technologies is a biopharmaceutical company developing first-in-class medicines that modulate the melanocortin receptor (MCR) system, focused on rare and complex obesity, ocular, and inflammatory conditions. Its MC4R-based obesity franchise includes oral small-molecule PL7737 and once-weekly long-acting peptide MC4R agonists targeting hypothalamic obesity and Prader-Willi syndrome, plus a Phase 2 combination of bremelanotide with tirzepatide. Additional programs include PL9643 for dry eye disease and oral PL8177 for inflammatory bowel disease. The company up-listed to Nasdaq in May 2026 after a 2025 restructuring, and its Boehringer Ingelheim collaboration provides non-dilutive funding and milestones.

Company Info

Sector:Biotechnology / Melanocortin Receptor Therapeutics
Headquarters:Monmouth Junction, New Jersey
Founded:1986
Website:palatin.com/

Upcoming Milestones & Key Dates

Q4 2026
Regulatory

IND filing for once-weekly injectable MC4R agonist

H1 2027
Regulatory

IND filing for oral MC4R candidate

Clinical Development Pipeline

PL7737 (oral MC4R agonist)

Target: Melanocortin-4 receptor agonism
Rare MC4R-pathway obesity (LEPR deficiency, hypothalamic obesity)
Preclinical
Phase 1
Phase 2
Phase 3
Approved

Once-weekly peptide MC4R agonist

Target: Melanocortin-4 receptor agonism
Rare MC4R-pathway obesity
Preclinical
Phase 1
Phase 2
Phase 3
Approved

Bremelanotide + tirzepatide combination

Target: MC4R agonism plus GLP-1/GIP dual agonism
Obesity
Preclinical
Phase 1
Phase 2
Phase 3
Approved

PL9643

Target: Topical melanocortin receptor modulation
Dry eye disease
Preclinical
Phase 1
Phase 2
Phase 3
Approved

PL8177 (oral)

Target: Melanocortin-1 receptor agonism
Inflammatory bowel disease
Preclinical
Phase 1
Phase 2
Phase 3
Approved

Recent News

No recent news updates available for this company.

Leadership Team

Carl Spana

Co-Founder, President and Chief Executive Officer

Stephen T. Wills

Chief Financial Officer, Chief Operating Officer, Executive Vice President, Treasurer and Secretary

Stephen A. Slusher

Chief Legal Officer

Careers & Job Openings

No active job listings. Check back later.