Brief: Palatin Reports Second Quarter Fiscal Year 2023 Financial Results

Palatin Technologies

15/02/2023 12:50

Feb 15 (Reuters) - Palatin Technologies Inc  PTN.A :
    * PALATIN REPORTS SECOND QUARTER FISCAL YEAR 2023 FINANCIAL
RESULTS AND PROVIDES CORPORATE UPDATE
    * PALATIN TECHNOLOGIES INC - QTRLY NET LOSS WAS $1.4
MILLION, OR
$0.13 PER BASIC AND DILUTED COMMON SHARE
    * PALATIN TECHNOLOGIES - AS OF DEC 31, 2022, CASH AND CASH
EQUIVALENTS WERE APPROXIMATELY $21.2 MILLION PLUS $6.5 MILLION
OF ACCOUNTS AND OTHER RECEIVABLES
    * PALATIN TECHNOLOGIES - SEES EXISTING CASH, CASH
EQUIVALENTS,
RECEIVABLES WILL BE SUFFICIENT TO FUND CURRENTLY ANTICIPATED
OPERATING EXPENSES THROUGH 2023
    * PALATIN TECHNOLOGIES INC - TOPLINE RESULTS CURRENTLY
EXPECTED
MID-CALENDAR YEAR 2023 FOR PHASE 3 PIVOTAL STUDY OF PL9643 FOR
DRY EYE DISEASE

Source text for Eikon:  ID:nPn895k7Ra 
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