Titan Pharmaceuticals Inc (TTNP)

[rocketeer357]

Good luck folks. Here's why I'm holding through the decision:

1. ADCOM 10-4 CRL
2. Follow up phase 3 study very positive
3. ADCOM II 12-5
4. PDUFA decision delayed from Feb 2016 until tomorrow

IMO, there will not be another delay from the FDA. 3 years is a pretty fair time to come to a decision, even from the likes of the FDA.

I usually never hold through FDA decidions, but TTNP has already been through the CRL, the confirmatory trial and the REMS/labelling delay. I can't see how, given the consistently strong evidence around the efficacy as shown in all the trials, the FDA can block approval.

With a market cap of less than $430 million, or 3X today's share price, TTNP is worth better than $20 a share. That's a pretty decent risk/reward scenario IMO.

TRUTH, thanks for your incredible input on this board. Braeburn would have been wise to hire you as their IR/PR honcho!!!