Titan Pharma (TTNP) Misses Q3 EPS by 1c

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Titan Pharmaceuticals Reports Third Quarter 2016 Financial Results

November 9, 2016 7:00 AM EST

SOUTH SAN FRANCISCO, CA -- (Marketwired) -- 11/09/16 -- Titan Pharmaceuticals, Inc. (NASDAQ: TTNP), a 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 third quarter ended Sept. 30, 2016.

Titan reported $26,000 in license revenue for the third quarter of 2016, compared with no revenue for the comparable quarter in 2015. License revenue in the third quarter of 2016 included recognition of royalties earned on net sales of Probuphine by Titan's development... More