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Overview of TG Therapeutics Inc
TG Therapeutics Inc (NASDAQ: TGTX) is a specialized biopharmaceutical company dedicated to the acquisition, development, and commercialization of innovative therapies for B-cell diseases, including hematologic malignancies and autoimmune disorders. The company leverages advanced technologies such as glycoengineering to create optimized monoclonal antibodies that target critical cellular antigens and signaling pathways. Key products under development incorporate deep scientific insights into B-cell biology and have been designed to improve patient outcomes by providing more efficient and targeted treatments.
Core Therapeutic Areas and Pipeline Focus
TG Therapeutics is at the forefront of developing therapies targeting B-cell malignancies and autoimmune conditions. Its leading candidate, a glycoengineered monoclonal antibody designated TG-1101 (also known by its commercial name BRIUMVI), is engineered to target a unique epitope on the CD20 antigen. This specificity aids in the efficient depletion of mature B-lymphocytes, a critical aspect in the treatment of relapsing forms of multiple sclerosis (RMS) and potentially other autoimmune disorders. Additionally, the company is advancing TG-1202, an orally available PI3K delta inhibitor, to address the proliferation and survival of B-cells, particularly in the realm of hematologic disorders.
Development Strategy and Commercial Operations
Operating as a fully integrated commercial stage company, TG Therapeutics actively manages a diverse portfolio that spans late-stage clinical trials to preclinical research. Their robust pipeline is designed to address unmet medical needs in critical patient segments. Emphasizing both rigorous clinical development and strategic commercialization, the company has secured approvals in key markets and is expanding its footprint via collaborations and a dedicated infrastructure to ensure effective market delivery. The company also pursues additional targets, including inhibitors aimed at modulating key inflammatory pathways, thereby reinforcing its commitment to innovation.
Industry Position and Competitive Landscape
TG Therapeutics differentiates itself through a deep expertise in antibody engineering and a focus on novel mechanisms of action. By addressing the challenges inherent in B-cell targeted therapies and autoimmune treatments, the company competes with other biopharmaceutical firms by demonstrating a detailed understanding of immune modulation. Its clinical development programs, backed by comprehensive research and regulatory milestones, position it as a valuable and insightful contributor in the competitive biotechnology arena.
Commitment to Scientific Excellence and Transparency
The company's scientific approach is characterized by a clear, data-driven evaluation of its therapeutic candidates and a commitment to continual improvement. Transparent reporting of clinical trial designs, outcomes, and safety profiles underpins its reputation for expertise and trustworthiness. TG Therapeutics provides comprehensive information that aids healthcare professionals, researchers, and investors in understanding its innovative approach and detailed product profiles without resorting to speculative claims.
Conclusion
For professionals seeking an in-depth understanding of a biopharmaceutical company driven by novel research in B-cell diseases, TG Therapeutics offers a wealth of expertise. Its strategic focus on integrating cutting-edge science with efficient commercialization practices makes it an important entity in the evolving landscape of treatments for hematologic malignancies and autoimmune disorders.
TG Therapeutics, Inc. (NASDAQ: TGTX) presented four data presentations during the 63rd American Society of Hematology (ASH) annual meeting, focusing on the investigational therapies U2 (ublituximab and umbralisib) and TG-1701. Key results include a 70% overall response rate in relapsed/refractory marginal zone lymphoma patients and significant findings in chronic lymphocytic leukemia therapy. The company aims to enhance patient care for B-cell malignancies through ongoing research. The results highlight the potential of U2-based therapies for improving treatment outcomes.
TG Therapeutics, Inc. (NASDAQ: TGTX) announced the schedule for data presentations at the 63rd American Society of Hematology (ASH) annual meeting from December 11-14, 2021. Key oral presentations include the efficacy of U2 (Umbralisib and Ublituximab) in treating various hematologic malignancies. Presentations focus on relapsed/refractory marginal zone lymphoma, diffuse large B-cell lymphoma, and chronic lymphocytic leukemia. The company continues to advance its pipeline, including the accelerated FDA approval of UKONIQ® for specific lymphoma treatments.
TG Therapeutics announced that the FDA plans to hold an Oncologic Drugs Advisory Committee (ODAC) meeting regarding the BLA/sNDA for the combination of ublituximab and UKONIQ® (U2) for treating chronic lymphocytic leukemia (CLL) and small lymphocytic lymphoma (SLL). The ODAC meeting aims to evaluate the benefit-risk profile of U2, especially in light of recent survival data from the UNITY-CLL trial. The FDA may not reach a decision by the PDUFA date of March 25, 2022, due to the anticipated timing of the ODAC meeting in March or April 2022.
TG Therapeutics (NASDAQ: TGTX) announced that its Executive Chairman and CEO, Michael S. Weiss, will host a fireside chat during the Jefferies London Healthcare Conference on November 18-19, 2021. The chat will be available for on-demand download starting at 8:00 AM GMT / 3:00 AM ET on November 18. Investors can access the discussion on the company's website for 30 days post-event. The company focuses on treatments for B-cell malignancies and autoimmune diseases, with ongoing Phase 3 programs for multiple sclerosis and chronic lymphocytic leukemia.
TG Therapeutics, Inc. (NASDAQ: TGTX) announced a fireside chat with CEO Michael S. Weiss scheduled for November 11, 2021, at 12:00 PM ET, during the B. Riley Securities’ Fall 2021 Growth Biotech Best Ideas Virtual Series. The event will be accessible via a live webcast on the company's website, with a replay available post-event. TG Therapeutics focuses on innovative treatments for B-cell malignancies and autoimmune diseases, including UKONIQ®, which has received accelerated FDA approval.
TG Therapeutics announced six abstracts for the 63rd ASH annual meeting, scheduled for December 11-14, 2021, in Atlanta, Georgia. Key presentations will include new data from the UNITY-NHL Phase 2b trial and two analyses from the UNITY-CLL Phase 3 trial, focusing on patients with comorbidities. The company emphasizes the potential of its U2 combination therapy for B-cell malignancies. Oral and poster presentations are detailed, showcasing the innovations in treating chronic lymphocytic leukemia and B-cell malignancies. More information is available on ASH's website.
TG Therapeutics, Inc. (TGTX) announced its third-quarter financial results for 2021, highlighting the submission of a Biologics License Application (BLA) for ublituximab to treat relapsing multiple sclerosis. The company reported product revenues of $4.3 million since UKONIQ's launch. R&D expenses rose to $52 million, driven by BLA submission costs, while SG&A expenses increased to $34.9 million. Despite a net loss of $85.6 million, TG Therapeutics maintains a robust cash position of $381.4 million, projected to fund operations into 2023. A conference call will be held today to discuss these results.
TG Therapeutics (NASDAQ: TGTX) will hold a conference call on November 4, 2021, at 8:30 AM ET to discuss Q3 2021 results and provide a business outlook for the remainder of the year. The call will be hosted by Michael S. Weiss, Chairman and CEO. Participants can join by calling the provided numbers, with a live webcast available on the company's website. A financial results press release will precede the call.
TG Therapeutics, Inc. (TGTX) announced significant data from the Phase 3 ULTIMATE I & II trials at ECTRIMS 2021, showing that ublituximab treatment resulted in a statistically significant reduction in annualized relapse rate (ARR) compared to teriflunomide. Key findings include an ARR of 0.076 vs. 0.188 in ULTIMATE I and 0.091 vs. 0.178 in ULTIMATE II, representing reductions of approximately 60% and 50%, respectively. Ublituximab also demonstrated notable improvements in the Multiple Sclerosis Functional Composite (MSFC) score, with data supporting a Biologics License Application (BLA) to the FDA for treating relapsing forms of multiple sclerosis.
TG Therapeutics, Inc. (NASDAQ: TGTX) has submitted a Biologics License Application (BLA) to the FDA for its investigational drug, ublituximab, to treat relapsing forms of multiple sclerosis (RMS). This submission is based on the successful Phase 3 ULTIMATE I & II trials, which showed ublituximab significantly reduced the annualized relapse rate compared to teriflunomide. The trials enrolled 1,094 patients across 10 countries and were conducted under a Special Protocol Assessment with the FDA. This marks TG Therapeutics' first marketing application for an autoimmune indication.
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