Titan is a specialty pharmaceuticals company that develops therapeutics for select chronic diseases utilizing its innovative, long-term, continuous drug delivery platform, ProNeura. The company's lead product is Probuphine, a six-month buprenorphine implant for the maintenance treatment of opioid addiction. On May 26, 2016, the U.S. Food and Drug Administration approved Probuphine for the long-term maintenance treatment of opioid dependence in stable patients receiving a low to moderate daily dose of oral buprenorphine therapy. Probuphine is the first marketed product to provide maintenance treatment of opioid addiction continuously for six months following a single administration procedure.