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TTNP

Titan Pharmaceuticals, Inc.
Trade TTNP

About Titan Pharmaceuticals, Inc.

Titan Pharmaceuticals, Inc. is a pharmaceutical company dedicated to creating treatments for chronic conditions, with its product development centered around ProNeura, a unique platform designed for extended drug release. Currently, the company markets the Probuphine implant in Canada and the European Union. This implant provides maintenance treatment for clinically stable individuals struggling with opioid use disorder. Beyond Probuphine, Titan Pharmaceuticals is advancing several pipeline candidates. Among these is the kappa opioid agonist peptide program (TP-2021), which utilizes the ProNeura technology to address chronic pruritus. Another key development is a nalmefene implant program, aimed at preventing opioid relapse in patients after detoxification from opioid use disorder. Furthermore, the company is exploring other applications for its ProNeura platform, including a single implant for HIV prevention and a contraceptive option for women and adolescent girls. Established in 1992, Titan Pharmaceuticals operates from its base in South San Francisco, California.

CEO
Weei Jye Chay
IPO Date
Jan 18, 1996

Market Data

OpenThe first traded price for the current trading session.
$2.55
HighThe highest traded price in the current trading session.
$2.69
LowThe lowest traded price in the current trading session.
$2.30
VolumeTotal shares traded during the current trading session.
131.9K
Avg VolumeAverage number of shares traded per session, as reported by FMP.
98.6K
52W HighThe highest traded price over the past 52 weeks.
$15.15
52W LowThe lowest traded price over the past 52 weeks.
$2.33

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$3.1M
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
-$67.5M
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
-$3.9M
RevenueTotal sales from the latest annual income statement.
$0
Net IncomeProfit after expenses and taxes from the latest annual income statement.
-$4.7M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$2.8M
DebtTotal debt from the latest balance sheet.
$0

Events

EarningsJan 1

actual -0.57439

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