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Biotech / Medical : PTN - Palatin Technologies Inc.
PTN 14.71-8.1%Dec 26 3:59 PM EST

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To: scaram(o)uche who wrote (45)6/7/2001 10:31:05 AM
From: scaram(o)uche  Read Replies (1) of 142
 
141 phase IIa projected for completion by end of Q3 or beginning of Q4. Partner plans...... soon after phase IIa results are in. Half life is approximately five hours, dose response was observed in the monkeys (but only two doses were studied).

One or two new compounds expected to transition into clinical development in the next couple of quarters.

Realistically, no technical issues with Leu=Tech production. Control points in mfg. were issue. Now beginning to address FDA issues. Takes four to six months to mfg. a new lot of product.

Competitive Technologies royalty is "very low single digits".

Sorry, very busy this morning. Could only listen to parts. Call is ongoing at this moment.
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