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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>UNITED
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        Securities Exchange Act 1934</font></div>
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                    Inc.</font></div>
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        the
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        satisfy the filing obligation of registrant under any of the following
        provisions:</font></div>
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        communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
        3.02.</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Unregistered
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        November 16, 2005, Titan Pharmaceuticals, Inc. (the &#8220;Company&#8221;) sold 1,504,212
        shares of its common stock to Cornell Capital Partners, L.P. (&#8220;Cornell&#8221;) under
        the terms of the Standby Equity Distribution Agreement dated September 28,
        2005
        (&#8220;the Agreement&#8221;) currently in effect, for aggregate gross proceeds of
        $2,000,000, or $1.3296 per share. The per share price was the daily volume
        weighted average price of the Company&#8217;s common stock on November 9, 2005 which
        was the lowest average price during the five trading days following the
        draw-down notice to Cornell, as set forth in the Agreement. In connection
        with
        the issuance, the Company paid Cornell a fee of $100,000 and Yorkville Advisors
        Management, LLC a fee of $500. The shares were issued pursuant to the exemption
        from registration contained in Section 4(2) of the Securities Act of 1933,
        as
        amended, and the regulations promulgated thereunder, because the shares were
        issued to a sophisticated entity in a private transaction.</font></div><br>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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        to the requirements of the Securities Exchange Act of 1934, the Registrant
        has
        duly caused this report to be signed on its behalf by the undersigned hereunto
        duly authorized.</font></div>
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            <tr valign="top" bgcolor="#ffffff">
              <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">TITAN
                PHARMACEUTICALS, INC.</font></td>
            </tr>
            <tr valign="top" bgcolor="#ffffff">
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
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              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date:&#160;November
                16, 2005</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:&#160;&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/&#160;Robert
                E. Farrell</font></td>
            </tr>
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              <td align="left">
                <hr style="COLOR: #000000" align="left" noshade size="2" width="80%"><font size="2">Robert
                E. Farrell</font></td>
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              <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
                Financial Officer&#160;</font></td>
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{"company-data": {"conformed-name": "TITAN PHARMACEUTICALS INC", "cik": "0000910267", "assigned-sic": "2836", "irs-number": "943171940", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13341", "film-number": "051216157"}, "business-address": {"street1": "400 OYSTER POINT BLVD", "street2": "SUITE 505", "city": "SAN FRANCISCO", "state": "CA", "zip": "94080", "phone": "4152444990"}, "mail-address": {"street1": "400 OYSTER POINT BLVD", "street2": "SUITE 505", "city": "SAN FRANCISCO", "state": "CA", "zip": "94080"}}
UNITED
        STATES
SECURITIES
        AND EXCHANGE COMMISSION
WASHINGTON,
        D.C. 20549
FORM
        8-K
CURRENT
        REPORT
Pursuant
        to Section 13 or 15(d) of
the
        Securities Exchange Act 1934
Date
        of
        Report (Date of earliest event reported): November 16, 2005
Titan
                    Pharmaceuticals,
                    Inc.
(Exact
                    Name of Registrant as Specified in
                    Charter)
Delaware
0-27436
94-3171940
(State
                  or Other Jurisdiction of Incorporation)
(Commission
                  File Number)
(IRS
                  Employer Identification No.)
400
                  Oyster Point Blvd., Suite 505, South San Francisco, CA
94080
(Address
                  of Principal Executive Offices)
(Zip
                  Code)
Registrant's
                  telephone number, including area code:
650-244-4990
(Former
                  Name or Former Address, is Changed Since Last
                  Report)
Check
        the
        appropriate box below if the Form 8-K filing is intended to simultaneously
        satisfy the filing obligation of registrant under any of the following
        provisions:
o
Written
        communications pursuant to Rule 425 under the Securities Act (17 CFR
        230.425)
o
Soliciting
        material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR
        240.14a-12(b))
o
Pre-commencement
        communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
        240.14d-2(b))
o
Pre-commencement
        communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
        240.13e-4(c))
Item
        3.02.
Unregistered
        Sales of Equity Securities.
On
        November 16, 2005, Titan Pharmaceuticals, Inc. (the "Company") sold 1,504,212
        shares of its common stock to Cornell Capital Partners, L.P. ("Cornell") under
        the terms of the Standby Equity Distribution Agreement dated September 28,
        2005
        ("the Agreement") currently in effect, for aggregate gross proceeds of
        $2,000,000, or $1.3296 per share. The per share price was the daily volume
        weighted average price of the Company's common stock on November 9, 2005 which
        was the lowest average price during the five trading days following the
        draw-down notice to Cornell, as set forth in the Agreement. In connection
        with
        the issuance, the Company paid Cornell a fee of $100,000 and Yorkville Advisors
        Management, LLC a fee of $500. The shares were issued pursuant to the exemption
        from registration contained in Section 4(2) of the Securities Act of 1933,
        as
        amended, and the regulations promulgated thereunder, because the shares were
        issued to a sophisticated entity in a private transaction.
SIGNATURES
Pursuant
        to the requirements of the Securities Exchange Act of 1934, the Registrant
        has
        duly caused this report to be signed on its behalf by the undersigned hereunto
        duly authorized.
TITAN
                PHARMACEUTICALS, INC.
Date: November
                16, 2005
By:
/s/ Robert
                E. Farrell
Robert
                E. Farrell
Chief
                Financial Officer