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Tg Therapeutics Inc - TGTX STOCK NEWS

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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.

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Precision BioSciences, Inc. (DTIL) announced financial results for 2023, highlighting key achievements such as initiating final IND/CTA enabling studies for PBGENE-HBV, completing licensing agreements with Imugene, TG Therapeutics, and Caribou Biosciences, and completing a $40 million public offering to extend cash runway. The company aims to submit IND and/or CTA for PBGENE-HBV in 2024 and PBGENE-PMM in 2025, advancing gene editing programs and differentiating ARCUS within the field.
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TG Therapeutics, Inc. (TGTX) announces data presentations at the American Academy of Neurology 2024 meeting for BRIUMVI® in patients with multiple sclerosis. The presentations focus on the ULTIMATE I & II Phase 3 trials evaluating Ublituximab-xiiy, showcasing significant reductions in disease activity and improved disability outcomes.
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TG Therapeutics, Inc. (TGTX) presents data from Phase 3 trials on BRIUMVI® for multiple sclerosis at ACTRIMS forum. The trials show promising results with manageable safety profiles. CEO Michael S. Weiss expresses optimism for future trial updates.
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TG Therapeutics, Inc. reported fourth-quarter and full-year 2023 BRIUMVI U.S. net revenue of approximately $40 million and $89 million, respectively. The company exceeded expectations with the BRIUMVI launch and set a revenue target of $220 - $260 million for 2024. They also announced positive developments in clinical trials, expanded clinical efforts, and partnerships. Financially, the company ended 2023 with a cash position of $217.5 million and reported a net loss of $14.4 million for the fourth quarter and net income of $12.7 million for the full year. TG Therapeutics is optimistic about its pipeline and aims to advance its recent addition, azer-cel, into clinical development for autoimmune disease.
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TG Therapeutics, Inc. announces the issuance of three additional patents by the USPTO for BRIUMVI (ublituximab-xiiy), extending patent protection for ublituximab and treatment methods until 2042. The patents leverage the unique glycoprofile of ublituximab, the first anti-CD20 monoclonal antibody approved for relapsing forms of multiple sclerosis in the US. Michael S. Weiss, Chairman and CEO, highlights the importance of life cycle management and the potential expansion of BRIUMVI's reach in multiple sclerosis and other autoimmune indications.
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TG Therapeutics' ex-US partner, Neuraxpharm, launches BRIUMVI in Germany for the treatment of multiple sclerosis, triggering a milestone payment of $12.5 million to TG Therapeutics.
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TG Therapeutics, Inc. (TGTX) will host a conference call on February 28, 2024, to discuss fourth-quarter and year-end 2023 results and provide a business outlook for 2024. The call will be led by Michael S. Weiss, Chairman, and CEO. Participants can join via phone or webcast. Financial results will be released in a press release before the call.
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TG Therapeutics, Inc. announces data presentations from Phase 3 trials for BRIUMVI® in patients with relapsing forms of multiple sclerosis at ACTRIMS annual forum.
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Precision BioSciences (DTIL) receives upfront cash payment and equity investment from TG Therapeutics (TGTX) for an exclusive license to develop Azercabtagene Zapreleucel for autoimmune diseases, with potential payments totaling $17.5 million. Precision also expects to receive up to $288 million in milestone payments and royalties on net sales, extending its cash runway into the first half of 2026.
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TG Therapeutics, Inc. (NASDAQ: TGTX) announced preliminary U.S. net product revenue for BRIUMVI® for the fourth quarter and full year ended December 31, 2023. The company reported approximately $40 million in net product revenue for the fourth quarter and $89 million for the full year. The year-end 2023 cash position was approximately $215 million. TG Therapeutics also provided financial guidance and development milestones for 2024, including targets for net product revenue and operating expenses, as well as plans to expand the utility of BRIUMVI and the R&D program with the licensing of azer-cel, an allogeneic CD19 CAR T therapy.
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FAQ

What is the current stock price of Tg Therapeutics (TGTX)?

The current stock price of Tg Therapeutics (TGTX) is $38.21 as of April 16, 2025.

What is the market cap of Tg Therapeutics (TGTX)?

The market cap of Tg Therapeutics (TGTX) is approximately 4.5B.

What is TG Therapeutics Inc's primary focus?

TG Therapeutics Inc is focused on developing and commercializing novel treatments for B-cell diseases, particularly hematologic malignancies and autoimmune disorders such as multiple sclerosis.

What is unique about their lead product candidate?

Their lead candidate is a glycoengineered monoclonal antibody designed to target a unique epitope on the CD20 antigen, enabling efficient B-cell depletion while aiming for improved safety and efficacy profiles.

Which therapeutic areas does TG Therapeutics primarily target?

The company targets B-cell malignancies and autoimmune diseases, emphasizing areas where novel antibody therapies and inhibitors can address unmet clinical needs.

How does TG Therapeutics differentiate itself from competitors?

TG Therapeutics differentiates itself through advanced antibody engineering, a robust clinical pipeline, and a strategic approach that integrates research, development, and commercialization with a focus on precision medicine.

What other products or technologies are in the company’s pipeline?

In addition to its established monoclonal antibody candidate, the company is developing an orally available PI3K delta inhibitor and has ongoing preclinical programs targeting additional immune pathways, thereby diversifying its pipeline.

Where is TG Therapeutics headquartered and traded?

TG Therapeutics is headquartered in New York City and its shares are traded on the NASDAQ under the ticker symbol TGTX.

What role do clinical trials play in TG Therapeutics' strategy?

Clinical trials are central to the company’s strategy, providing data that validate the safety, efficacy, and overall potential of its therapeutic candidates in addressing serious B-cell related diseases.

How does TG Therapeutics enhance trust and transparency?

The company emphasizes rigorous data collection and transparent communication of its clinical trial results, safety profiles, and developmental milestones to build trust with healthcare professionals, researchers, and investors.
Tg Therapeutics Inc

Nasdaq:TGTX

TGTX Rankings

TGTX Stock Data

4.52B
141.53M
9.42%
62.81%
16.52%
Biotechnology
Pharmaceutical Preparations
Link
United States
NEW YORK