Titan Pharmaceuticals Inc (TTNP): Getting the feeling Apple Tree has had i...

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Titan Pharmaceuticals Inc (TTNP)

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Re: Serenity3 post# 12538

Thursday, 11/09/2017 5:46:30 PM

Thursday, November 09, 2017 5:46:30 PM

Getting the feeling Apple Tree has had it with Braeburn also.

Titan should offer to buy back probuphine for $50 million (the cap on the 4% royalty Titan gets on injectable sales). Basically, Braeburn doesn't have to pay Titan any injectables warranties, and Titan gets the drug back.

Allows Braeburn a little more pricing room on injectables (they don't have to pay TTNP 4% of sales price), and it's clear they are not serious about probuphine anyway.

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