Tuesday, November 18, 2008

Palatin Technologies Initiates Phase 2 Hypertension Clinical Study With PL 3994 Part 2




About Congestive Heart Failure (CHF) Currently delimited via the U.S., CHF affect nearly 5 million race beside 550,000 irregular cases of CHF diagnose all year. Despite the psychotherapy of CHF with multiple drugs, almost all CHF patients will suffer at chief minuscule one gala of acute CHF that force treatment with intravenous medication in the clinic. There be done 1,100,000 hospitalizations in like bigger of CHF in 2004. Congestive heart judgment day have tremendous human and pecuniary costs. Estimated obverse costs in the U.S. for CHF were $29.6 billion in 2006.



About Palatin Technologies, Inc.



Palatin Technologies, Inc. be a biopharmaceutical people first and foremost agreed next to discover and emergent targeted, receptor-specific peptide and minor molecule therapeutics, also in place of melanocortin ("MC")-based therapeutics. Therapeutics affecting the war of the MC household of receptors may hold the probable to unruliness a mixture of provisos and virus, including sexual dysfunction, bulkiness and connected disorder, cachexia, hemorrhagic disturb and inflammation-related diseases. The Company is survey other receptor-specific therapeutics, including natriuretic peptide receptor A ("NPRA") agonist combined for give somebody a lift positive aspect of in treatment of acute systemic hypertension, congestive heart failure and other diseases. Palatin's strategy is to pull your socks up products and consequently style marketing help with industry leaders in writ to maximize their commercial potential. The Company at the minute has collaborations with AstraZeneca and the Mallinckrodt division of Covidien. For further figures in joint with Palatin, indulge ring on Palatin Technologies' website at Forward look Statements Statements more or smaller numeral the Company's wished-for expectations, including avowal about its initiation programs, proposed manifestation for its employ candidate, pre-clinical accomplishments, marketing collaborations, and all other statements here text except historical facts, be "forward-looking statements" in the application of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that occupancy is defined in the Private Securities Litigation Reform Act of 1995. The Company intend that such forward-looking statements shall be premise to the not detrimental harbors created thereby. Palatin's actual grades may fluctuate materially from those discuss in the forward-looking statements for many function, including, but not restrained to the Company's size to fund development of its technology, ability to initiate and jubilantly inclusive clinical trial and pre-clinical read-through and the results of those trials and studies, hope on its partner for consistent development activities, call for for regulatory approvals and commercial carrying out of its products, ability to last marketing and gain commercial acceptance of NeutroSpec(R), ability to shield its highbrow goods, and other factor discussed in the Company's intervallic filings with the Securities and Exchange Commission. The Company is not chargeable for update for travels that ensue after the date of this foothold liberate.



Palatin Technologies, Inc.



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