Titan Pharmaceuticals Reports Fourth Quarter And Full Year 2019 Financial Results

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Titan Pharma (TTNP) Reports In-Line Q4 EPS, Revenues Beat

March 30, 2020 4:05 PM EDT

Titan Pharma (NASDAQ: TTNP) reported Q4 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $1.2 million versus the consensus estimate of $920 thousand.

"Throughout 2019, we focused on initiatives to successfully transition to a commercial-stage company," said Titan's President and CEO, Sunil Bhonsle. "I am very pleased with our team's progress during 2019, which, among other things, includes executing arrangements with multiple top tier specialty pharmacy companies, establishing a new patient services 'hub,' and obtaining insurance coverage from a broad range of third party payors all of which served to... More