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Palatin Announces Positive Topline Results from Phase 2 Ulcerative Colitis (UC) Study of Oral Melanocortin-1 Receptor Agonist PL8177

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Palatin Technologies (NYSE: PTN) has announced positive topline results from its Phase 2 study of PL8177, an oral melanocortin-1 receptor agonist, for treating ulcerative colitis (UC). The study demonstrated significant efficacy after eight weeks of treatment:

Key findings include:

  • Clinical remission achieved in 33% of PL8177-treated patients vs 0% on placebo
  • Clinical response shown in 78% of PL8177-treated patients vs 33% on placebo (p<0.005)
  • Symptomatic remission reached in 56% of PL8177-treated patients vs 33% on placebo

The trial involved 12 patients (9 PL8177, 3 placebo) with active UC. The treatment demonstrated excellent safety with no adverse events reported. In patients with moderate disease affecting all three colon segments, 60% showed improvement across all segments, and 80% improved in two segments. The company is currently in licensing discussions with multiple pharmaceutical companies.

Palatin Technologies (NYSE: PTN) ha annunciato risultati positivi dai suoi studi di Fase 2 su PL8177, un agonista orale del recettore melanocortin-1, per il trattamento della colite ulcerosa (UC). Lo studio ha dimostrato un'efficacia significativa dopo otto settimane di trattamento:

I risultati chiave includono:

  • Remissione clinica raggiunta nel 33% dei pazienti trattati con PL8177 rispetto allo 0% nel gruppo placebo
  • Risposta clinica mostrata nel 78% dei pazienti trattati con PL8177 rispetto al 33% nel gruppo placebo (p<0.005)
  • Remissione sintomatica raggiunta nel 56% dei pazienti trattati con PL8177 rispetto al 33% nel gruppo placebo

Lo studio ha coinvolto 12 pazienti (9 trattati con PL8177, 3 con placebo) con UC attiva. Il trattamento ha dimostrato un'eccellente sicurezza senza eventi avversi riportati. Nei pazienti con malattia moderata che colpisce tutti e tre i segmenti del colon, il 60% ha mostrato un miglioramento in tutti i segmenti e l'80% ha migliorato in due segmenti. L'azienda è attualmente in discussioni per la licenza con diverse aziende farmaceutiche.

Palatin Technologies (NYSE: PTN) ha anunciado resultados positivos de su estudio de Fase 2 sobre PL8177, un agonista oral del receptor melanocortina-1, para el tratamiento de la colitis ulcerosa (UC). El estudio demostró una eficacia significativa después de ocho semanas de tratamiento:

Los hallazgos clave incluyen:

  • Remisión clínica alcanzada en el 33% de los pacientes tratados con PL8177 frente al 0% en placebo
  • Respuesta clínica mostrada en el 78% de los pacientes tratados con PL8177 frente al 33% en placebo (p<0.005)
  • Remisión sintomática alcanzada en el 56% de los pacientes tratados con PL8177 frente al 33% en placebo

El ensayo involucró a 12 pacientes (9 PL8177, 3 placebo) con UC activa. El tratamiento demostró una excelente seguridad sin eventos adversos reportados. En pacientes con enfermedad moderada que afecta los tres segmentos del colon, el 60% mostró mejoría en todos los segmentos, y el 80% mejoró en dos segmentos. La compañía está actualmente en conversaciones de licencias con varias empresas farmacéuticas.

팔라틴 테크놀로지스 (NYSE: PTN)는 궤양성 대장염(UC) 치료를 위한 경구용 멜라노코르틴-1 수용체 작용제 PL8177의 2상 연구에서 긍정적인 최종 결과를 발표했습니다. 이 연구는 8주 치료 후 상당한 효능을 입증했습니다:

주요 발견 사항은 다음과 같습니다:

  • 임상 관해가 PL8177 치료 환자의 33%에서 달성되었으며, 위약 그룹에서는 0%였습니다.
  • 임상 반응이 PL8177 치료 환자의 78%에서 나타났으며, 위약 그룹에서는 33%였습니다 (p<0.005)
  • 증상 관해가 PL8177 치료 환자의 56%에서 달성되었으며, 위약 그룹에서는 33%였습니다.

이번 시험에는 활동성 UC 환자 12명(PL8177 9명, 위약 3명)이 참여했습니다. 치료는 부작용이 보고되지 않아 우수한 안전성을 보여주었습니다. 모든 세 개의 대장 구역에 영향을 미치는 중등도 질환 환자 중 60%가 모든 구역에서 개선을 보였고, 80%는 두 개의 구역에서 개선을 보였습니다. 회사는 현재 여러 제약 회사와 라이센스 논의 중입니다.

Palatin Technologies (NYSE: PTN) a annoncé des résultats positifs de son étude de Phase 2 sur PL8177, un agoniste oral du récepteur mélanocortine-1, pour le traitement de la colite ulcéreuse (CU). L'étude a démontré une efficacité significative après huit semaines de traitement :

Les résultats clés incluent :

  • Rémission clinique atteinte chez 33 % des patients traités par PL8177 contre 0 % dans le groupe placebo
  • Réponse clinique observée chez 78 % des patients traités par PL8177 contre 33 % dans le groupe placebo (p<0.005)
  • Rémission symptomatique atteinte chez 56 % des patients traités par PL8177 contre 33 % dans le groupe placebo

L'essai a impliqué 12 patients (9 PL8177, 3 placebo) atteints de CU active. Le traitement a montré une excellente sécurité sans événements indésirables signalés. Chez les patients présentant une maladie modérée affectant les trois segments du côlon, 60 % ont montré une amélioration dans tous les segments, et 80 % se sont améliorés dans deux segments. L'entreprise est actuellement en discussions de licence avec plusieurs sociétés pharmaceutiques.

Palatin Technologies (NYSE: PTN) hat positive Ergebnisse aus seiner Phase-2-Studie zu PL8177, einem oralen Agonisten des Melanocortin-1-Rezeptors, zur Behandlung von Colitis ulcerosa (UC) bekannt gegeben. Die Studie zeigte nach acht Wochen Behandlung eine signifikante Wirksamkeit:

Wichtige Ergebnisse umfassen:

  • Klinische Remission wurde bei 33% der mit PL8177 behandelten Patienten erreicht, im Vergleich zu 0% bei Placebo
  • Klinische Reaktion wurde bei 78% der mit PL8177 behandelten Patienten gezeigt, im Vergleich zu 33% bei Placebo (p<0.005)
  • Symptomatische Remission wurde bei 56% der mit PL8177 behandelten Patienten erreicht, im Vergleich zu 33% bei Placebo

Die Studie umfasste 12 Patienten (9 PL8177, 3 Placebo) mit aktiver UC. Die Behandlung zeigte eine ausgezeichnete Sicherheit, ohne berichtete Nebenwirkungen. Bei Patienten mit moderater Erkrankung, die alle drei Colonsegmente betreffen, zeigten 60% eine Verbesserung in allen Segmenten, und 80% verbesserten sich in zwei Segmenten. Das Unternehmen befindet sich derzeit in Lizenzverhandlungen mit mehreren Pharmaunternehmen.

Positive
  • Strong efficacy with 78% clinical response rate vs 33% placebo (p<0.005)
  • Excellent safety profile with no adverse events reported
  • Advanced licensing discussions ongoing with multiple big pharma companies
  • Novel treatment mechanism showing promise as alternative to current therapies
  • 60% of moderate disease patients showed improvement across all colon segments
Negative
  • Small trial size of only 12 patients limits statistical significance
  • Study enrollment stopped early at 12 patients vs planned 28 patients
  • Trial not powered to show statistical significance due to low patient numbers

Insights

Palatin's Phase 2 results for PL8177 in ulcerative colitis represent a significant positive development with potential to disrupt the UC treatment landscape. The 78% clinical response rate (p<0.005) and 33% clinical remission rate after just 8 weeks are impressive considering the complete absence of remission in the placebo group. The novel melanocortin-1 receptor mechanism delivers a targeted anti-inflammatory effect without systemic immunosuppression – addressing a critical safety gap in current UC therapies.

The study's early termination at 12 patients (vs. planned 28) to accelerate partnering discussions signals confidence in the data despite the small sample. For a micro-cap company with $18.4M market capitalization, advancing licensing discussions with "multiple big pharma companies" could dramatically transform Palatin's financial position. Their strategic pivot to prioritize obesity assets alongside out-licensing UC programs reflects prudent resource allocation.

While the perfect safety profile (zero adverse events) is remarkable, larger studies are needed to confirm this advantage. The company's explicit acknowledgment that the study "was not powered to show statistical significance" tempers enthusiasm slightly, though achieving statistical significance on clinical response despite this limitation strengthens the signal. With 1.25 million UC patients in the US alone and 350,000 with moderate-to-severe disease, PL8177 addresses a substantial market opportunity where many patients remain inadequately treated by current options.

The clinical profile emerging from PL8177's Phase 2 data deserves serious attention from the GI community. The 33% clinical remission rate versus 0% in placebo aligns precisely with FDA-recommended primary endpoints for UC therapies. More compelling is the 78% clinical response rate (p<0.005), suggesting meaningful symptom improvement across most treated patients. For perspective, these early efficacy signals compare favorably with established UC biologics.

Particularly interesting is the subgroup analysis showing 60% of moderate patients with inflammation in all three colon segments experienced improvement throughout the colon, while 80% showed improvement in at least two segments. This suggests the oral delivery effectively reaches throughout the colon, addressing one of the persistent challenges in UC treatment.

The selective targeting of melanocortin-1 receptors on colonic epithelial cells and resident macrophages represents a paradigm shift from systemic immunosuppression. PL8177's colon-specific activity without systemic absorption explains the pristine safety profile. For practitioners managing UC patients who frequently discontinue treatments due to adverse effects, this offers a potentially game-changing alternative. The limitation remains the small sample size (9 treated vs. 3 placebo), though statistical significance achieved for clinical response despite this constraint suggests a robust treatment effect that warrants Phase 3 investigation.

  • Clinical Remission: Achieved in 33% of PL8177-treated patients versus 0% on placebo after eight weeks of treatment.
  • Clinical Response (statistically significant): Demonstrated in 78% of PL8177-treated patients versus 33% on placebo after eight weeks of treatment (p<0.005).
  • Symptomatic Remission: Achieved in 56% of PL8177-treated patients versus 33% on placebo after eight weeks of treatment.
  • Safety and Tolerability: Excellent, with no adverse events.
  • Licensing: Discussions advancing with multiple big pharma companies.

CRANBURY, N.J., March 28, 2025 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system, announced positive topline results from its Phase 2 study of PL8177, a selective melanocortin-1 receptor (MC1R) agonist, in patients with active ulcerative colitis (UC). This study was designed to assess the safety, tolerability, and effectiveness of PL8177 when taken orally by adults with active UC.

"We are thrilled with the positive results in this study, especially the meaningful and high rates of achievement for clinical remission and clinical response. These endpoints align with the FDA's recommended primary and key secondary endpoints for evaluating efficacy in UC clinical trials," stated Carl Spana, Ph.D., President and CEO of Palatin. "Most patients showed significant symptom and endoscopic score improvements after just eight weeks of treatment. This study evaluated a novel mechanism of action, MC1R agonism, as a potential treatment for UC. Given these positive results, once-daily oral PL8177 could be a safe and effective alternative to immunosuppressive and steroid therapies, which have significant safety and tolerability concerns."

The Phase 2 randomized, placebo-controlled study evaluated twelve patients (nine in the PL8177 arm and three in the placebo arm) with active ulcerative colitis, (defined as having a Mayo Endoscopic Total Score of at least two), for eight weeks of treatment. Treatment with oral PL8177 was well tolerated and no treatment-related side effects were reported. Key findings after eight weeks of treatment are summarized below:

  • Clinical remission was achieved in 33% (3 of 9) of PL8177-treated patients versus 0% (0 of 3) on placebo.
    • Clinical remission is defined per FDA Guidance (April 2022) as a modified Mayo Score (mMS) of 0 to 2, including the following three components: rectal bleeding subscore = 0, stool frequency subscore = 0 or 1, and endoscopy subscore = 0 or 1.
  • Clinical response (statistically significant) was demonstrated in 78% (7 of 9) of PL8177-treated patients versus 33% (1 of 3) on placebo (p<0.005).
    • Clinical response is defined per FDA Guidance (April 2022) as a decrease from baseline in the mMS of greater than or equal to 2 points and at least a 30% from baseline, and a decrease in rectal bleeding subscore of greater than or equal to 1 or an absolute rectal bleeding subscore of 0 or 1.
  • Symptomatic remission was achieved in 56% (5 of 9) of PL8177-treated patients versus 33% (1 of 3) on placebo.
    • Symptomatic remission is defined as Mayo stool frequency subscore (SFS) of 0 or 1 without worsening, and Mayo rectal bleeding subscore (RBS) of 0.
  • Results for a subset of patients with more moderate disease at baseline, defined by the presence of inflammation in all three colon segments (segment endoscopic score of greater than or equal to 1 in the rectum, descending colon, and sigmoid colon segments) at baseline were:
    • Three of five (60%) PL8177-treated patients showed improvement in all three segments.
    • Four of five (80%) PL8177-treated patients showed improvement in two of the three segments.
    • Zero of one (0%) placebo patients showed improvement in two or more segments.

"Despite the advances in therapy for UC, I frequently see patients who struggle with this condition and their symptoms. This is why there remains a strong need for new treatment options that work in different ways," said Dana J. Lukin MD, PhD, Clinical Director of the Jill Roberts Center for Inflammatory Bowel Disease at Weill Cornell Medicine-New York Presbyterian Hospital. "Seeing a good percentage of patients treated with PL8177 achieve strong results for clinical remission and clinical response in this short study on UC patients is a compelling indicator that melanocortin-1 receptor agonists could be a promising treatment option for UC."

Continued Dr. Spana, "The strong data from this Phase 2 study, along with the positive Phase 1 findings and robust preclinical data, provides meaningful evidence to support the advancement of a melanocortin-1 receptor agonist as a potential treatment for ulcerative colitis. Several major pharmaceutical companies have shown strong interest in our UC program, and we believe these positive Phase 2 results in PL8177 treated patients, for the critical efficacy endpoints of both clinical remission and clinical response, could help solidify a potential licensing deal."

The Phase 2 PL8177 study was a multi-center, randomized, double-blind, placebo-controlled, adaptive design, parallel group of PL8177, with once daily oral dosing in adult UC subjects for 8 weeks. The study originally planned to enroll up to 28 patients, with an interim analysis after 12-16 participants. Due to a shift in strategic focus, Palatin stopped enrollment at 12 patients to accelerate out-licensing discussions and also to redirect resources to development of its melanocortin obesity assets. As a result of lower patient numbers, the study was not powered to show statistical significance.

Details about the trial can be found at clinicaltrials.gov under the identifier NCT05466890. Additional findings are expected to be shared at an upcoming scientific conference.

Ulcerative colitis is a form of inflammatory bowel disease (IBD) that causes inflammation in the digestive tract and can result in damage to the colon lining.1 Patients often experience a range of unpredictable symptoms that impact their daily lives, such as abdominal pain, bloody stool and urgency to use the bathroom.2,3 The disease course varies between patients, and in some cases can lead to surgery or complications, including cancer or death.3,4

Orally administered PL8177 is designed to target melanocortin-1 receptors on the surface of cells lining the colon. In a Phase 1 clinical trial, the oral version of PL8177 was shown to effectively reach the colon and remain without spreading throughout the rest of the body.

The Company's Phase 2 trial for ulcerative colitis builds on previous research with oral PL8177. Earlier studies showed that the drug helps improve colon health by increasing the number of important colon cells. The treatment also helped reduce harmful inflammation by changing certain immune cells from promoting inflammation to helping resolve it.

About Melanocortin Receptor Agonists 
The melanocortin receptor ("MCR") system has effects on inflammation, immune system responses, metabolism, food intake, and sexual function. There are five melanocortin receptors, MC1R through MC5R. Modulation of these receptors, through use of receptor-specific agonists, which activate receptor function, or receptor-specific antagonists, which block receptor function, can have medically significant pharmacological effects.

Many tissues and immune cells located in the eye (and other places, for example the gut and kidney) express melanocortin receptors, empowering our opportunity to directly activate natural pathways to resolve disease inflammation.

About PL8177
PL8177 is a synthetic cyclic heptapeptide with demonstrated efficacy in multiple animal inflammatory bowel disease models. PL8177 is a potent, selective agonist at the human melanocortin-1 receptor (MC1R), with sub-nanomolar affinity binding and EC50 functional values. Palatin data demonstrates that their oral formulation of PL8177 was protected from degradation in the stomach and small intestine of humans and delivered to the colon over an extended period. In addition, orally administered PL8177 had a significant effect on resolving inflammation in a rat bowel inflammation model.

PL8177 in oral formulations has demonstrated repeated, robust efficacy in ulcerative colitis disease models. MC1R is found on epithelial cells and resident macrophages of the colon which are accessible from the lumen of the colon. Orally administered PL8177 is not systemically absorbed. PL8177 has the potential for excellent efficacy without safety concerns.

About Ulcerative Colitis
Ulcerative colitis is a chronic disease of the large intestine (colon), with inflammation and ulcerations that can cause significant abdominal pain, persistent diarrhea, loss of appetite and other symptoms. An estimated 1.25 million individuals in the United States are affected by ulcerative colitis, with over 350,000 diagnosed with moderate-to-severe disease.¹ Existing treatments are not effective in a substantial portion of patients with moderate-to-severe ulcerative colitis, with certain severe cases resulting in surgical removal of the colon.

About Palatin
Palatin is a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor systems, with targeted, receptor-specific product candidates for the treatment of diseases with significant unmet medical need and commercial potential. Palatin's strategy is to develop products and then form marketing collaborations with industry leaders to maximize their commercial potential. For additional information regarding Palatin, please visit Palatin's website at www.Palatin.com and follow Palatin on Twitter at @PalatinTech.

Forward-looking Statements
Statements in this press release that are not historical facts, including statements about future expectations of Palatin Technologies, Inc., such as statements about Palatin products in development, clinical trial results, potential actions by regulatory agencies including the FDA, regulatory plans, development programs, proposed indications for product candidates, and market potential for product candidates are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term is defined in the Private Securities Litigation Reform Act of 1995. Palatin intends that such forward-looking statements be subject to the safe harbors created thereby. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause Palatin's actual results to be materially different from its historical results or from any results expressed or implied by such forward-looking statements. Palatin's actual results may differ materially from those discussed in the forward-looking statements for reasons including, but not limited to, results of clinical trials, regulatory actions by the FDA and other regulatory and the need for regulatory approvals, Palatin's ability to fund development of its technology and establish and successfully complete clinical trials, the length of time and cost required to complete clinical trials and submit applications for regulatory approvals, products developed by competing pharmaceutical, biopharmaceutical and biotechnology companies, commercial acceptance of Palatin's products, and other factors discussed in Palatin's periodic filings with the Securities and Exchange Commission. Palatin is not responsible for updating events that occur after the date of this press release.

Palatin Technologies® is a registered trademark of Palatin Technologies, Inc.

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1 Lewis JD, Parlett LE, Jonsson Funk ML, et al. Incidence, prevalence, and racial and ethnic distribution of inflammatory bowel disease in the United States. Gastroenterology. 2023;165(5). doi:10.1053/j.gastro.2023.07.003.
2 The Facts about Inflammatory Bowel Diseases. Crohn's & Colitis Foundation of America. 2014. Available at: https://www.crohnscolitisfoundation.org/sites/default/files/2019-02/Updated%20IBD%20Factbook.pdf. Accessed June 2024.
3 Ulcerative colitis. Mayo Clinic. 2022. Available at: https://www.mayoclinic.org/diseases-conditions/ulcerative-colitis/symptoms-causes/syc-20353326. Accessed June 2024.
4 Monstad, I, Hovde O, Solberg IC, A Moum B. Clinical course and prognosis in ulcerative colitis: results from population-based and observational studies. Ann Gastroenterol. 2014;27(2):95-104.

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SOURCE Palatin Technologies, Inc.

FAQ

What were the key efficacy results of PTN's Phase 2 PL8177 ulcerative colitis trial?

The trial showed 33% clinical remission and 78% clinical response in treated patients vs 0% and 33% in placebo respectively after 8 weeks.

How many patients were enrolled in PTN's Phase 2 PL8177 UC study?

The study enrolled 12 patients total - 9 in the PL8177 treatment arm and 3 in the placebo arm.

What safety profile did PL8177 demonstrate in PTN's Phase 2 UC trial?

PL8177 showed excellent safety and tolerability with no treatment-related adverse events reported.

How does PTN's PL8177 drug work differently from other UC treatments?

PL8177 targets melanocortin-1 receptors in the colon, offering a novel mechanism compared to traditional immunosuppressive and steroid therapies.

What are PTN's next steps for PL8177 following the Phase 2 results?

Palatin is advancing licensing discussions with multiple pharmaceutical companies based on the positive Phase 2 results.
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