Las Vegas, NV -- (SBWIRE) -- 01/26/2013 -- Titan Pharmaceuticals, Inc. (OTC:TTNP) is currently trading near its one year highest of $1.96. The share price did experience resistance and fell 1.54 percent to close at $1.92 in its last trading session. The lowest in last 52 weeks stands at $0.60.
Though Titan Pharmaceuticals Inc has realized profits yet, but has shown significant growth in its quarterly revenue. The company’s quarterly revenue has increased by 0.21 percent as compared to last year which surpasses the big giants in biotechnology sector such as Pfizer, Johnson & Johnson and Eli Lilly.
The company is engaged in development of proprietary therapeutics for treatment of central nervous system disorders. The company’s main product is Probuphine which is used to stable blood level of the medicine in patients. Company’s another product ProNeura is used in treatment of chronic diseases such as Parkinson's. Company also offers Fanapt for treatment of schizophrenia conditions.
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