Palatin Announces Commencement of a Phase 1 Trial for Obesity Compound in Collaboration with AstraZeneca

CRANBURY, N.J., Aug. 4, 2011 /PRNewswire/ — Palatin Technologies, Inc. (NYSE Amex: PTN) confirmed today the commencement of a Phase 1 clinical trial of AZD2820, a subcutaneously-administered peptide melanocortin receptor partial agonist, under development as a single-agent therapy for the treatment of obesity. AZD2820 is a clinical candidate selected by AstraZeneca from its collaborative research …

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