Titan Pharmaceuticals Inc (TTNP)

[Doctor Detroit]

I think it has more to do with stupidity and greed.

First off, this is priced way out of whack. Should be half of the $5,000 price. Insurance companies would be lining up to pay for it rather than $1,400 a month sublocade.

Second, Braeburn paid $600 per treatment for the implant, but was unwilling to float doctors the $5,000 price pending insurance approval. So, they required the doctor (literally the "the middleman") to assume ALL the risk of nonpayment by the insurance company.

How about have the doctor/patient deposit the $600 cost of the rods, and then wait and see about insurance. If insurance doesn't pay, you haven't lost money, and you don't provide a second treatment.

That seems to be the strategy Indivior is utilizing. Much smarter.