Analyst Coverage

Palatin Technologies is followed by the analysts listed below. Please note that any opinions, estimates or forecasts regarding Palatin's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Palatin or its management. Reference to analyst coverage does not imply Palatin's endorsement of or concurrence with the information provided by such analyst or their conclusions or recommendations.

	coverage initiated:
Gregory R. Wade, Ph.D. Pacific Growth Equities, LLC	January 31, 2007
Rahul Jasuja, Ph.D. Vice President, Equity Research MDB Capital Group LLC	October 17, 2005