Titan Pharmaceuticals Inc. (NASDAQ:TTNP) Q2 2019 Earnings Conference Call Transcript

Aug 14, 2019 • 04:30 pm ET

Previous

Titan Pharmaceuticals Inc. (NASDAQ:TTNP) Q2 2019 Earnings Conference Call Transcript

Share
Close

Loading Event

Loading Transcript

Presentation
Operator
Operator

Thank you for holding, and welcome to the Titan Pharmaceuticals Second Quarter 2019 Financial Results Conference Call. [Operator Instructions]. There will be a question-and-answer session following today's remarks. Please be advised that this call is being taped at the Company's request, and will be archived on the Company's website starting later today.

At this time, I would like to turn the call over to Sunil Bhonsle, President and CEO of Titan Pharmaceuticals. Please go ahead sir.

Executive
Sunil Bhonsle

Thank you, Keith, and thank you all for joining us. Welcome to the Titan Pharmaceutical's call to review financial and operational results for the second quarter ending June 30, 2019, and to provide an update on our business. Before we begin, I wanted to inform you that we filed our quarterly report on Form 10-Q with the SEC. And the press release issued earlier today provides a summary of the results and can be found on our website at titanpharma.com. Joining me on the call today from Titan, are Dr. Marc Rubin, our Executive Chairman; Dane Hallberg, Executive Vice President and Chief Commercial Officer; and Brian Crowley, Vice President of Finance. Dr. Kate DeVarney is on a short medical leave and unfortunately cannot join us today. Before we get into the details of the financial results and provide an update on the Company, Jennifer Kiernan will review the required cautions regarding forward-looking statements. Jennifer?

Executive
Jennifer Kiernan

Thank you, Sunil. I want to remind everyone that certain matters that will be discussed today, other than historical information may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our product commercialization and development programs and any other statements that are not historical facts. Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial conditions and stock price. Factors that could cause actual results to differ materially from management's current expectations, include those risks and uncertainties, relating to the commercialization of Probuphine, the regulatory approval process, the development testing, production and marketing of our drug candidates, patent and intellectual property matters, and strategic agreements and relationships.

We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based except as required by law.

And now back to you Sunil.

Executive
Sunil Bhonsle

Thank you, Jennifer. As always we will start the call with an overview from our Executive Chairman, Dr. Marc Rubin, followed by commercial updates from Dane Hallberg. Brian Crowley will then summarize the financial results and I will close with a brief recap before opening the call for your questions. So let's get started. Marc?

Executive
Marc Rubin

Thank you very much Sunil and hello everyone. As always, I want to thank you for joining us today. Since our last call,