What exchange is PTI stock traded on and what is the stock symbol?
Pain Therapeutics, Inc. is traded on the Nasdaq exchange under the symbol PTIE.
Where is PTI located?
2211 Bridgepointe Parkway, Suite 500
San Mateo, CA 94404
650-624-8200 - phone
650-624-8222 – fax
Please visit the Contact portion of this website for driving directions.
Who is PTI's Transfer Agent?
Mellon Investor Services LLC
480 Washington Boulevard
Jersey City, NJ 07310
800-356-2017 www.melloninvestor.com
When are PTI's fiscal quarter and year end dates and the corresponding earnings and release dates?
Pain Therapeutics operates on a fiscal year ending December 31. Our quarterly reporting periods end on March 31, June 30, September 30 and December 31.
What is the status of PTI's pipeline?
In addition to REMOXY, we have three drug candidates in clinical programs, including a novel radio-labeled monoclonal antibody to treat metastatic melanoma, as well as PTI-202 and PTI-721. We are also working on a new treatment for patients with hemophilia.
How much cash does PTI have and what is the Company's estimated cash requirement?
At December 31, 2008, Pain Therapeutics had cash, cash equivalents and marketable securities of $190.1 million, no debt and approximately 42 million shares outstanding. We expect our cash requirements in 2009 will be under $10.0 million.
How much of PTI's activities are outsourced?
Pain Therapeutics continues to outsource preclinical studies, clinical trials, product formulation and manufacturing. We believe outsourcing permits significant time savings and allows for more efficient deployment of our resources.
Does PTI handle any drugs in its facility?
No! Opioid drugs, such as oxycodone, are highly controlled substances and are subject to extremely tight security measures. We are not authorized by the DEA or the FDA to handle drugs on-site. PTI does not ship, receive, store, manufacture, test, analyze or handle any opioid painkillers or other controlled substance in its San Mateo location.
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