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PTN

Palatin

$0.99

-0.0026 (-0.26%)

07:32
04/04/19
04/04
07:32
04/04/19
07:32

Palatin says results of PL-8177 study met all primary,secondary endpoints

Palatin Technologies announced positive results of a micro-dose study of radiolabeled PL-8177 using an oral, delayed-release, polymer formulation. The study met all primary and secondary endpoints. PL-8177 is a patented melanocortin receptor 1 agonist with potential application in treatment of ulcerative colitis and other inflammatory bowel diseases. The main objective of the study was to demonstrate release of polymer-bound PL-8177 in the lower gastrointestinal tract after oral administration. Top line data showed favorable pharmacokinetics, and demonstrated PL-8177 was released in the lower gastrointestinal tract, supporting oral administration of PL-8177 using the delayed release polymer formulation. A secondary objective of the study was also met, demonstrating that PL-8177 is not systemically absorbed after oral administration. There was no intact PL-8177 or its metabolite detected in plasma after oral administration. The oral formulation was well tolerated and there were no adverse events observed.

PTN Palatin
$0.99

-0.0026 (-0.26%)

04/06/18
HCWC
04/06/18
INITIATION
Target $5
HCWC
Buy
Palatin initiated with a Buy at H.C. Wainwright
H.C. Wainwright analyst Joseph Pantginis started Palatin Technologies with a Buy rating and $5 price target. The analyst views the company's lead asset bremelanotide, which is in development for hypoactive sexual desire disorder in women, as "significantly derisked." He believes the drug's "checked boxes" and projected catalysts are not reflected in the current share price.
06/14/18
HCWC
06/14/18
NO CHANGE
HCWC
Buy
Palatin weakness 'undeserved' following Addyi relaunch, says H.C. Wainwright
H.C. Wainwright analyst Joseph Pantginis attributes recent weakness in shares of Palatin (PTN) to the relaunch of Addyi by Sprout, and its first-to-market status, following reacquisition of the drug from Valeant (VRX). However, he sees the weakness as undeserved, as he continues to believe that Addyi is an inferior drug with a "sketchy history," Pantginis tells investors. Addyi's "one singular advantage," education and visibility for hypoactive sexual desire disorder, should help the market for Palatin's bremelanotide, which has a "potentially market leading profile," said the analyst, who keeps a Buy rating on Palatin shares.
06/27/18
LTCO
06/27/18
INITIATION
Target $3
LTCO
Buy
Palatin initiated with a Buy at Ladenburg
Ladenburg analyst Michael Higgins initiated Palatin with a Buy rating and $3 price target.

TODAY'S FREE FLY STORIES

CNSL

Consolidated Communications

$6.03

-2.86 (-32.17%)

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BB

BlackBerry

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0.205 (2.30%)

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TSLA

Tesla

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YUMA

Yuma Energy

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WEC

WEC Energy

$78.05

1.09 (1.42%)

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MDP

Meredith

$58.39

0.04 (0.07%)

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$NSD

NASDAQ Market Internals

$0.00

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NASDAQ market internals summary »

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CNSL

Consolidated Communications

$6.09

-2.805 (-31.55%)

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$NYE

NYSE Market Internals

$0.00

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WEC

WEC Energy

$77.97

1.01 (1.31%)

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WEC Energy sees FY19 EPS at high end of $3.48-$3.52 range, consensus $3.51 »

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F

Ford

$9.41

-0.17 (-1.77%)

, GM

General Motors

$39.12

-0.61 (-1.54%)

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F

Ford

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GM

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CPRI

Capri Holdings

$44.85

-1.26 (-2.73%)

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CLB

Core Laboratories

$66.31

-6.595 (-9.05%)

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AVP

Avon Products

$3.13

0.175 (5.92%)

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DLPH

Delphi Technologies

$22.60

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ADTN

Adtran

$17.39

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AVYA

Avaya

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0.895 (4.63%)

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TECK.B

Teck Corp.

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CWT

California Water Service

$49.43

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BHC

Bausch Health

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AVYA

Avaya

$20.20

0.875 (4.53%)

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CLVS

Clovis

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AGN

Allergan

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ZM

Zoom Video

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