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Palatin Obtains $21.1M to Advance Programs in Female Sexual Dysfunction and Asthma

Firm has clinical-stage candidates for both indications and preclinical peptides for FSD. Palatin Technologies completed a public offering that netted $21.1 million. It intends to use the proceeds for working capital and general corporate purposes including it

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Firm has clinical-stage candidates for both indications and preclinical peptides for FSD.

Palatin Technologies completed a public offering that netted $21.1 million. It intends to use the proceeds for working capital and general corporate purposes including its clinical trial program with bremelanotide for female sexual dysfunction (FSD), its PL-3994 programs for asthma, and for the preclinical development of peptides to treat FSD.

“With $21.1 million from this financing and based on our current program and inside expense projections, we anticipate being able to fund our operations through December 31, 2012,” Palatin president and CEO Carl Spana told analysts. “This financing is truly transformational for Palatin, allowing us to concentrate on advancing our programs and not to be concerned with doing small capital raises several times per year.”

Shares of Palatin closed unchanged yesterday at 86 cents, after trading between 84 and 91 cents. Palatin’s public offering of 23 million units consisted of 23 million shares of its common stock, Series A warrants to purchase 2 million shares of its common stock, and Series B warrants to purchase 21 million shares of its common stock at $1 per unit.

Bremelanotide belongs to a class of therapies called melanocortin agonists. It was shown to be safe and well tolerated in a Phase I study in 32 premenopausal women. The company also obtained what it calls encouraging results from a Phase IIa study evaluating bremelanotide in premenopausal women diagnosed with FSD.

Bremelanotide has shown promise in effectively treating erectile dysfunction (ED) in males without the cardiovascular effects found in ED drugs currently available, according to Palatin. The firm conducted four Phase II studies, enrolling more than 1,300 men. Palatin has, however, delayed plans for Phase III studies pending review of FDA concerns about the acceptable benefit/risk ratio to support progression of that clinical trial program.

FSD is also the target of a new series of melanocortin receptor-specific peptides developed by Palatin, of which PL-6983 is the lead candidate. PL-6983 has demonstrated efficacy in inducing erections in animal models and in inducing sexual behavior in an animal model of FSD. In animal models at doses effective for a sexual response, PL-6983 resulted in significantly smaller increases in blood pressure compared to bremelanotide.

PL-3994, a natriuretic peptide receptor A agonist compound, was developed initially for the treatment of congestive heart failure (CHF). Phase I and Phase IIa trials in CHF were successfully completed. Palatin says it is exploring use of PL-3994, a synthetic molecule incorporating an amino acid mimetic, for treatment of acute severe asthma, particularly beta 2 agonist refractory asthma, since it is an area of high unmet medical need.

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01What was done in this study?

In the study, published in Scientific Reports, the researchers built on their earlier discovery of the peptide called AC253. This compound was tested in mice with AD. It was found to block the attachment of beta-amyloid to a brain cell receptor called the amylin receptor, and thus inhibit its toxic effects, as shown by an improvement in spatial memory. However, it is difficult to administer this compound because it doesn’t cross the blood-brain barrier in large amounts, and is quickly broken down in the blood. The dosage must therefore be massively increased, pushing up the amounts required for efficacy and increasing the difficulty of administration, besides enhancing the chances of an immune reaction. One way out is to convert the formulation into a pill rather than an injectable form. The complex structure of AC253 makes this difficult as well. Instead, the team devised an ingenious solution. They cleaved the compound into smaller amylin peptides, or chains of 12-14 amino acids, and tested each for its anti-amyloid activity in old mice which showed signs of AD. In this way, they found two short peptides that had the same effects as the larger compound. In particular, the researchers identified a segment that was common to both peptides, namely, SQELHRLQTY.

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02What roles does the system play?

The endogenous opioids and their receptors are widely distributed throughout the central and peripheral nervous systems, particularly the parts of these systems that regulate pain, emotion, reward, stress responses, motivation, drug addiction, and autonomic control. The differential expression and location of the various receptor subtypes across different neurons account for the wide range of opioid-related behaviors. The activation of µ-opioid receptors is mainly known for playing a role in pain relief. Still, research has also indicated it may be involved in behaviors related to survival, such as appetite and reproduction. The activity of µ-opioid receptors is also known to play a critical role in responses to social stimuli by modulating responses to social rejection or social acceptance, for example. Activation of the δ-opioid receptors and κ-opioid receptors is also known to be involved in pain modulation. Also, studies have shown that NOP activation is involved in pain mechanisms and several behaviors related to psychological stress. Alterations in the endogenous opioid system are suspected to be involved in Parkinson's disease, seizures, neuroprotective mechanisms, and depression.

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03So, how can this definition challenge be overcome?

To precisely define self and non-self peptides and, in turn, self-similarity, we must first improve our understanding of the adaptive immune cascade and its constituent components. In brief, the fundamental unit of adaptive immune recognition comprises the major histocompatibility complex (MHC) molecules (called the human leukocyte antigen [HLA] in humans), the peptide being presented (and, in turn, identified as self or non-self), and the T cell receptor.

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04What is nisin?

Some bacterial species produce antimicrobial peptides known as bacteriocins that have been used in the food industry as preservatives. For example, nisin, which is produced by Lactococcus lactis, has broad-spectrum bactericidal activity and has been used as a food preservative throughout the world. Nisin is effective in controlling Gram-positive bacteria such as Clostridioides difficile. In combination with other compounds like ethylene diamine tetra-acetic acid and cinnamaldehyde, nisin has been effective in controlling enterotoxigenic Gram-negative bacteria such as Escherichia coli. Previous studies have used chicken and mouse models to demonstrate the in vivo efficacy of nisin on the microbiome, whereas nisin efficacy has been proven in ex vivo experiments on the human microbiome. To date, no studies have assessed the in vivo effects of nisin in large mammals.

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05What are functional peptides?

Conventional pharmacological studies on spices have traditionally focused on secondary metabolites like polyphenols, alkaloids, and terpenes. More recently, food science research has also examined spice proteins and their enzymatic hydrolysates, using proteomic methods such as liquid chromatography–tandem mass spectrometry (LC-MS/MS) to identify short bioactive peptide sequences released from larger precursor proteins.6 Once released during food processing, fermentation, or gastrointestinal digestion, these functional peptides can act as metabolic regulators, antimicrobials, or antioxidants.1 Functional peptides refer to specific protein fragments that, once released from their parent proteins, exert biological activities.1,2 In the context of foods, these activities are most often demonstrated using in vitro biochemical or cell-based assays, and their physiological relevance depends on bioavailability and dose.2 Unlike intact proteins, which can have the potential to be allergenic or difficult to absorb due to their complex tertiary structures, functional peptides may exhibit improved bioaccessibility, and some small peptides can cross the intestinal epithelial barrier via peptide transport systems. However, absorption efficiency varies substantially by peptide sequence and digestive conditions.6 Nutriomics and mechanistic investigations have established that the bioactivity of a peptide is dictated by its physicochemical properties, particularly its amino acid composition, molecular weight, and net charge. For example, the presence of hydrophobic amino acids like proline, leucine, and valine often correlates with high antioxidant and enzyme-inhibitory activity.2,3 Smaller peptides, typically those less than three kilodaltons (kDa) in size, exhibit greater stability against proteolytic degradation in the gastrointestinal tract.3 Moreover, cationic peptides are particularly effective as antimicrobial agents through their electrostatic interactions with bacterial membranes.3

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Longevity, Performance & Obesity Research

A research peptide formulation developed to investigate metabolic regulation, mitochondrial function, and nutrient-sensing pathways.

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Peptide Therapy Guide Editorial Team

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