# Palatin Technologies (PTN) — Overview

PTN · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/ptn

## Price

Last close $6.49 on Oct 15, 2026. 52-week range $6.49 – $28.00.

## Company profile

Palatin Technologies Inc is a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor (MCR) system. Its product candidates are targeted, receptor-specific therapeutics for the treatment of diseases with unmet medical need and commercial potential. It is also developing, dependent on resources for development activities, MC1R agonist products, with potential to treat inflammatory and autoimmune diseases, such as dry eye disease, which is also known as keratoconjunctivitis sicca, uveitis, diabetic retinopathy, and inflammatory bowel disease. It has one operating segment life science.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $13.2M |
| Revenue (quarter) | $300,770.00 |
| Revenue growth (year over year) | 0.00% |
| Gross profit (trailing twelve months) | $13.2M |
| Gross margin | 100.00% |
| Net income (trailing twelve months) | −$8.4M |
| Net income (quarter) | −$4.4M |
| Net income growth (year over year) | -95.47% |
| Net margin | -63.54% |
| Return on equity | -877.53% |
| EPS (trailing twelve months) | −$2.96 |
| Book value per share | $3.76 |
| P/E (trailing twelve months) | — |
| Price to book | 1.7 |
| Debt to assets | 21.56% |
| Payout ratio | 0.00% |
| Dividend yield | 0.00% |

## Frequently Asked Questions

### Is Palatin Technologies (PTN) profitable?

No. Palatin Technologies reported a net loss of $8.4M over the trailing twelve months.

### How much revenue does Palatin Technologies (PTN) make?

Palatin Technologies generated $13.2M in revenue over the trailing twelve months.

### How do I buy stock in Palatin Technologies (PTN)?

PTN trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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