Anita Dushyanth's questions to TITAN PHARMACEUTICALS (TTNP) leadership • Q4 2019
Question
Anita Dushyanth of Zacks Investment Research asked about the addressable market for Probuphine within the veteran population following its addition to the federal supply schedule. She also inquired about European pricing strategy, the 2020 target for active prescribers, prescription approval rates, and performance metrics for the physician portal.
Answer
EVP and Chief Commercial Officer Dane Hallberg explained that veterans are affected by Opioid Use Disorder (OUD) at a 50% higher rate than the general population, though specific market size numbers are not published. President and CEO Sunil Bhonsle stated that European pricing is expected to be about 40% lower than in the U.S. and that the company is still working toward its goal of 500 active prescribers. Hallberg added that prescription approval rates are high, upwards of 70%, with 94% medical benefit coverage, but physician portal metrics are not publicly disclosed.