Item 7.01 Regulation FD Disclosure.

We are presenting in the Cowen and Company 29th Annual Health Care Conference on Thursday, March 19, 2009 at 11:05 a.m. Eastern Time. A copy of the materials to be used in connection with our presentation will be available on our web site at www.palatin.com and is also attached as Exhibit 99.

The information in this Item 7.01 and the corresponding information in the attached Exhibit 99 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information contained in this Item 7.01 and the corresponding information in the attached Exhibit 99 shall not be incorporated into any registration statement or other document filed with the Securities and Exchange Commission by the company, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.