(24/7 MARKET NEWS) — Titan Pharmaceuticals Inc. (NASDAQ: TTNP) has been steadily climbing today, after announcing that the FDA cleared its Investigational New Drug application for a Phase 1 study of its six-month or longer subdermal formulation of nalmefene, an opioid antagonist, intended for the prevention of relapse following opioid detoxification in adults with Opioid Use Disorder.
It’s trading at $0.7515, up 0.1465 (+24.22%), on 1,267,766 shares traded, with most of the price movement just beginning.
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