Previous Close | 1.8700 |
Open | 1.8800 |
Bid | 1.8000 x 1100 |
Ask | 1.9300 x 2900 |
Day's Range | 1.8200 - 1.9437 |
52 Week Range | 1.4300 - 5.6500 |
Volume | |
Avg. Volume | 719,393 |
Market Cap | 30.66M |
Beta (5Y Monthly) | 0.89 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -2.9800 |
Earnings Date | May 14, 2024 - May 20, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 9.33 |
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A late-stage study data shows that treatment with Palatin's (PTN) experimental dry eye disease drug achieved statistically significant and clinically meaningful improvements across multiple symptom endpoints.
Palatin Technologies, Inc. (NYSE American: PTN), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system, today announced the presentation of topline results for its Phase 3 PL9643 MELODY-1 pivotal clinical trial evaluating the safety and efficacy of PL9643 versus vehicle in the treatment of dry eye disease (DED) at the American Society of Cataract and Refractive Surgery (ASCRS).