Palatin Technologies Receives $1.1 Million From Sale of New Jersey State Tax Credits
CRANBURY, N.J., Jan. 17, 2012 /PRNewswire/ — Palatin Technologies, Inc. (NYSE Amex: PTN) announced today it has received net proceeds of approximately $1.1 million of non-dilutive funding through the New Jersey Economic Development Authority’s tax credit transfer program. Palatin Technologies sold both New Jersey net operating losses and research and development tax credits to unrelated corporations. […]
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