- Investing.com
Metrics to compare | PTN | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipPTNPeersSector | |
|---|---|---|---|---|
P/E Ratio | −3.2x | −2.0x | −0.4x | |
PEG Ratio | −0.03 | 0.06 | 0.00 | |
Price/Book | 1.9x | 3.8x | 2.6x | |
Price / LTM Sales | 1.6x | 6.0x | 3.0x | |
Upside (Analyst Target) | - | 324.4% | 55.0% | |
Fair Value Upside | Unlock | −7.3% | 7.6% | Unlock |
Palatin Technologies, Inc., a biopharmaceutical company, develops first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system in the United States. It is developing oral small molecule PL7737 MC4R agonist in preclinical studies; long-acting peptide MC4R agonists; and Bremelanotide co-administration with Tirzepatide to treat obesity in Phase 2 trial, as well as Bremelanotide co-formulated with a PDE5i for the treatment of ED in patients not adequately responsive to PDE5i monotherapy. The company also develops PL9643 for dry eye disease and anti-inflammatory ocular indications; and oral PL8177 for the treatment inflammatory bowel diseases. Palatin Technologies, Inc. was incorporated in 1986 and is based in Monmouth Junction, New Jersey.