** Shares of specialty pharmaceutical co Titan Pharmaceuticals down 5% at $4
** Seow Gim Shen to resign as co's CEO and chairman
** Decision to resign attributed to personal reasons
** Co says resignation will not impact previously announced business merger with KE Sdn. Bhd
** Co launches search for new CEO
** Stock down ~50.52% YTD
(Reporting by Rishab Shaju in Bengaluru)
((Rishab.shaju@thomsonreuters.com))