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Palatin Technologies Inc. is a biopharmaceutical company focused on developing new treatments for unmet medical needs. The company operates within the biotechnology and pharmaceutical industry, concentrating on therapies that target melanocortin receptors. These receptors play a role in various physiological processes, including inflammation, immune response, and energy balance. Palatin's lead product candidate, PL9643, is an orally administered drug being investigated for the treatment of dry eye disease. The company also has other drug candidates in its pipeline targeting conditions such as inflammatory diseases and obesity. Palatin's strategy involves leveraging its proprietary melanocortin receptor technology platform to discover and develop novel therapeutics. They aim to address diseases where current treatment options are limited or have significant side effects. The company seeks to advance its pipeline through clinical development and potential commercialization, either independently or through strategic partnerships.
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