About a year ago had a nice position with TTNP. Extremely positive adcom, public, doctors screaming for Probuphine. 1 month later, FDA scuttles it- at least for the time being. Now Titan faces another year and a half or so before possible approval.
I hold no shares in MNKD but have been following the saga for quite some time. I wish all longs well and hope things work out better than great for you. But NOTHING will ever surprise me again with an FDA decision. The shared opinion on the TTNP message board and elsewhere was of corruption in the FDA for a seemingly inexplicable decision.
Is the delay merely the writing on the wall regarding the ultimate decision? I hope not for y'all. And for this drug.
I'll be looking with interest from the sidelines up until the decision is announced.
Nice try to compare MNKD against TTNP.
TTNP is trading on OTC - means trade at your own risk vs Market maker and no SEC oversight.
TTNP only has 1% unknown mutual fund, unlike MNKD with large institutional nor mutual fund share holders - like Vanguard, Blackrock, Fidelity.
That was a Bad decision/move to put your money in!