Titan Pharmaceuticals Inc (TTNP): Following Braeburn's CRL and firing...

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Titan Pharmaceuticals Inc (TTNP)

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Re: Rogerthat1 post# 12990

Saturday, 03/03/2018 2:42:17 PM

Saturday, March 03, 2018 2:42:17 PM

Following Braeburn's CRL and firing their sales force, the lender didn't see how Titan would pay off the loan, so threatened to foreclose unless there was a payment plan. So, Titan basically paid back half the loan and needs to come up with a plan for a $10 million equity infusion by May.

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