Palatin Loses Sexual (Dysfunction) Partner

Just weeks after the approval of the first female sexual dysfunction drug, a competitor is facing problems with its own treatment for the issue. Palatin Technologies announced its partner, Gedeon Richter, has decided to part ways and return the drug back to Palatin.

The pair signed a licensing agreement for bremelanotide in August 2014 for co-development and commercialization in the EU. Palatin received $9.8m in upfront payments, as well as $3.1m in milestone...

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