Titan Pharma (TTNP) Tops Q1 EPS by 3c

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Titan Pharmaceuticals Reports First Quarter 2016 Financial Results

May 10, 2016 7:01 AM EDT

SOUTH SAN FRANCISCO, CA -- (Marketwired) -- 05/10/16 -- Titan Pharmaceuticals, Inc. (NASDAQ: TTNP), a specialty pharmaceutical company developing proprietary therapeutics for the treatment of select chronic diseases utilizing its ProNeura" long-term, continuous drug delivery platform, today reported financial results for the first quarter ended March 31, 2016.

Titan reported no license revenue for the first quarter of 2016, compared with approximately $0.9 million for the comparable period in 2015. License revenue in the first quarter of 2015 reflected the amortization of the upfront license fee received from commercialization and development partner... More