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Monday, November 23, 2015 8:21:18 PM
In the past, they have had offers for 250M for Bremelanotide partnership with King Pharmaceuticals. However, that was way before there were regulatory hurdles cleared by another company (Sprout). After this partnership news, in 2004-2006, the stock was trading at roughly, $3 (later there was a 1:10 R/S).
http://finance.yahoo.com/q/hp?s=PTN&a=00&b=15&c=2006&d=11&e=24&f=2006&g=d
http://web.archive.org/web/20060215224758/http://www.palatin.com/strategicalliances/overview.asp
If they can get a partnership, for 500M this could, fly to $4-5 / share easily. Anything above that, would be....well...gravy, with stuffing, turkey, and mashed potatoes.
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