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Last $0.76 USD
Change Today -0.0252 / -3.23%
Volume 446.5K
TTNP On Other Exchanges
Symbol
Exchange
Berlin
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

titan pharmaceuticals inc (TTNP) Snapshot

Open
$0.78
Previous Close
$0.78
Day High
$0.78
Day Low
$0.72
52 Week High
06/8/15 - $0.99
52 Week Low
11/20/14 - $0.44
Market Cap
83.3M
Average Volume 10 Days
218.9K
EPS TTM
$-0.07
Shares Outstanding
110.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TITAN PHARMACEUTICALS INC (TTNP)

titan pharmaceuticals inc (TTNP) Related Businessweek News

No Related Businessweek News Found

titan pharmaceuticals inc (TTNP) Details

Titan Pharmaceuticals, Inc., a specialty pharmaceutical company, develops proprietary therapeutics for the treatment of serious medical disorders in the United States. The company is developing Probuphine for the long term maintenance treatment of opioid dependence. Its Probuphine is designed to maintain a stable, around the clock blood level of the medicine buprenorphine in patients for six months following a single treatment; and utilizes ProNeura, a novel, proprietary, and long-term drug delivery technology. The company’s ProNeura is also used in developing products for the treatment of other chronic conditions, such as Parkinson’s disease. It is also developing Fanapt (iloperidone), an atypical antipsychotic for the treatment of schizophrenia. The company was founded in 1992 and is based in South San Francisco, California.

13 Employees
Last Reported Date: 03/31/15
Founded in 1992

titan pharmaceuticals inc (TTNP) Top Compensated Officers

President, Secretary, and Director
Total Annual Compensation: $300.0K
Executive Chairman and Member of Executive Co...
Total Annual Compensation: $210.0K
Compensation as of Fiscal Year 2014.

titan pharmaceuticals inc (TTNP) Key Developments

Titan Pharmaceuticals Inc. Presents at BIO International Convention 2015, Jun-16-2015 04:15 PM

Titan Pharmaceuticals Inc. Presents at BIO International Convention 2015, Jun-16-2015 04:15 PM. Venue: Pennsylvania Convention Center, Philadelphia, Pennsylvania, United States. Speakers: Sunil Bhonsle, President, Secretary and Director.

Titan Pharmaceuticals Inc. Reports Positive Topline Results from the Phase 3 Double Blind, Double Dummy Clinical Study of Probuphine

Titan Pharmaceuticals Inc. reported positive topline results from the Phase 3 double blind, double dummy clinical study of Probuphine, the Company's subdermal implant containing buprenorphine HCl for the long-term maintenance treatment of opioid addiction. This study met the pre-specified primary endpoint of non-inferiority, as well as all secondary efficacy endpoints. It was conducted by Titan's commercialization and development partner Braeburn Pharmaceuticals and developed in consultation with the U.S. Food and Drug Administration (FDA) prior to initiating the study. The subjects in this Phase 3 study were clinically stable patients receiving maintenance treatment with an approved sublingual dose of uprenorphine/naloxone at a daily dose of 8mg or less for at least three months prior to entering the trial. The study enrolled 177 subjects who were randomized to receive either the Probuphine implants or sublingual tablets, for a treatment period of six months. Subjects in one group received four Probuphine implants plus daily placebo sublingual tablets, and subjects in the second group received four placebo implants plus daily sublingual buprenorphine/naloxone tablets (8mg/day). The objective of the study was to show non-inferiority between the two treatment groups and the primary efficacy analysis was a non-inferiority comparison of the proportions of treatment responders in each group. A responder was defined as having at least four out of six months free of illicit opioids based on urine testing and subject self-report. Analyses conducted according to the pre-planned Statistical Analysis Plan indicate response rates of 96.4% for the Probuphine arm and 87.6% for the sublingual buprenorphine/naloxone arm. The two-sided 95% confidence interval (0.009, 0.167) of the treatment difference (Probuphine - Sublingual Buprenorphine/naloxone) was well above the minimum pre-defined successful margin for non-inferiority. The overall safety and tolerability profiles for each treatment group were also comparable. The implantation procedures were also generally well tolerated and comparable to observations from earlier studies with Probuphine. If approved by the FDA, Probuphine would be the first marketed product to provide maintenance treatment of opioid addiction continuously for six months following a single procedure. Probuphine was developed using Titan's proprietary platform technology, ProNeura, a non-biodegradable drug delivery implant designed to provide continuous, long- term steady state levels of medication in the blood. It is administered in a short subdermal insertion procedure in a physician's office, and removed similarly at the end of the treatment period.

Titan Pharmaceuticals Inc. - Special Call

To review results from phase 3 study of probuphine for opioid addiction

 

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Price/Sales 22.8x
Price/Book 19.9x
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TEV/Sales 19.2x
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