Palatin Technologies to Report Fourth Quarter and Fiscal Year End 2007 Financial Results; Conference Call and Webcast on September 18, 2007

CRANBURY, N.J., Sept. 13 /PRNewswire-FirstCall/ -- Palatin Technologies, Inc. will announce its fourth quarter and fiscal year end 2007 financial results on September 14, 2007 before the open of the U.S. financial markets.

The Company will also conduct a conference call and live audio webcast hosted by Palatin’s executive management team on September 18, 2007 at which they will discuss the results of operations in greater detail and provide an update on corporate developments.

Schedule for the Financial Results Press Release, Conference Call and Webcast

-- Q4-Fiscal Year 2007 Financial Results Press Release 9/14/2007 at 7:30 a.m. ET -- Q4-Fiscal Year 2007 Conference Call - Live 9/18/2007 at 10:00 a.m. ET Domestic Dial-In Number 1-866-454-4203 International Dial-In Number 1-913-312-6693 -- Q4-Fiscal Year 2007 Conference Call - Replay 9/18-9/25/2007 Domestic Dial-In Number 1-888-203-1112 International Dial-In Number 1-719-457-0820 Replay Passcode: 4280242 -- Webcast Live and Replay Access www.palatin.com The webcast and replay can be accessed by logging on to the “Investor Center-Webcasts” section of Palatin’s website at www.palatin.com .

About Palatin Technologies, Inc.

Palatin Technologies, Inc. is a biopharmaceutical company focused on discovering and developing targeted, receptor-specific small molecule and peptide therapeutics. The Company’s internal research and development capabilities, anchored by its proprietary MIDAS(TM) technology, are fueling product development. Palatin’s strategy is to develop products and then form marketing collaborations with industry leaders in order to maximize their commercial potential. The Company currently has collaborations with AstraZeneca and the Mallinckrodt division of Covidien. For additional information regarding Palatin, please visit Palatin Technologies’ website at http://www.palatin.com .

Palatin Technologies, Inc.

CONTACT: Stephen T. Wills, CPA, MST, EVP-Operations - Chief FinancialOfficer of Palatin Technologies, +1-609-495-2200, info@palatin.com;Institutional Investors and Media, Carney Noensie of Burns McClellan,+1-212-213-0006, cnoensie@burnsmc.com

MORE ON THIS TOPIC