Palatin Technologies reported collaboration and license revenue of USD 0.12 million for the second quarter (Q2) and USD 8.96 million for the half year $(HY)$ ended December 31, 2025, compared to no revenue in the same periods of the previous year. The increase in revenue was attributed to an upfront payment, the achievement of a research milestone, and FTE-related reimbursements under the BI Agreement. The company continues to monitor global economic conditions, including potential impacts from international trade policies, tariffs, and supply chain dynamics, as it explores commercial opportunities and partnerships in U.S. and international markets.

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