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Palatin advances MC4R-targeted obesity drugs with Phase 1 trials planned for 2027, reports $13.2M revenue in fiscal 2026

Company Fundamentals
28 Sep 2026
PRNewsWire
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Bullish
Palatin advances MC4R-targeted obesity drugs with Phase 1 trials planned for 2027, reports $13.2M revenue in fiscal 2026

Palatin Technologies is progressing its selective MC4R agonist programs targeting rare obesity disorders like hypothalamic obesity, Prader-Willi syndrome, and Bardet-Biedl syndrome. The company plans Phase 1 trials for a once-weekly injectable peptide in early 2027 and an oral agonist in late 2027, aiming to improve efficacy and reduce side effects such as hyperpigmentation. Fiscal 2026 collaboration and license revenue reached $13.2 million, mainly from partnerships with Boehringer Ingelheim and Altanispac Labs. Despite $7.5 million in cash by mid-2026, Palatin anticipates needing additional funding to continue development and operations.

Palatin Technologies' fiscal 2026 financial results and business update provide context for health sector investors. For readers following health stocks, here is Pluang's market snapshot as of Sep 28, 2026 17:22 WIB: out of 100 priced US health-sector stocks tradable on Pluang, 32 rose and 45 fell today. Notable movers include HRTX (Heron Therapeutics Inc) at USD 0.30 with a 1-day change of +1.63% and a typical hold time of 35 days, TWST (Twist Bioscience Corp) at USD 180.20 down 1.54% with a 27-day hold, and FLNA (Cassava Sciences Inc) at USD 0.74 down 1.54% with a 37-day hold time.

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