STOCK TITAN

TG Therapeutics, Inc. - TGTX STOCK NEWS

Welcome to our dedicated page for TG Therapeutics news (Ticker: TGTX), a resource for investors and traders seeking the latest updates and insights on TG Therapeutics stock.

TG Therapeutics, Inc. (NASDAQ: TGTX) is a biopharmaceutical company headquartered in New York City, dedicated to developing and commercializing innovative treatments for B-cell malignancies and autoimmune diseases. The company has a rich pipeline of products aimed at addressing unmet medical needs in these areas.

One of TG Therapeutics' flagship products is BRIUMVI® (ublituximab-xiiy), a novel monoclonal antibody targeting CD20-expressing B-cells. BRIUMVI is FDA-approved for the treatment of adult patients with relapsing forms of multiple sclerosis (RMS), including clinically isolated syndrome, relapsing-remitting disease, and active secondary progressive disease. The company has also received approval from the European Commission (EC) and the Medicines and Healthcare Products Regulatory Agency (MHRA) for the treatment of RMS in Europe and the United Kingdom, respectively.

In addition to BRIUMVI, TG Therapeutics is advancing several other therapies:

  • TG-1701 (BTK inhibitor)
  • TG-1801 (anti-CD47/CD19 bispecific mAb)
, targeting B-cell disorders in Phase 1 trials. The company is also working on TG-1101 (ublituximab) and TGR-1202 (umbralisib), both in clinical development for hematologic malignancies.

Recent company news highlights the robust clinical activity of BRIUMVI, as demonstrated in the ULTIMATE I & II Phase 3 trials, and the company’s ongoing commitment to the multiple sclerosis community. TG Therapeutics has also been awarded a national contract with the Department of Veterans Affairs (VA) to list BRIUMVI as the preferred agent on the VA National Formulary for Anti-CD20 Antibody indications.

Financially, TG Therapeutics reported strong first-quarter 2024 sales, with BRIUMVI U.S. net revenue exceeding $50 million, leading to revised annual guidance of $270 to $290 million for 2024. The company is focused on expanding its commercial infrastructure and advancing its research pipeline, including developing a subcutaneous form of BRIUMVI and moving the therapy into additional indications beyond MS.

For more information, visit the company’s website at www.tgtherapeutics.com.

Rhea-AI Summary
TG Therapeutics, Inc. (TGTX) announces partnership with Precision BioSciences, Inc. (DTIL) to acquire a worldwide license to Precision’s Azercabtagene Zapreleucel (azer-cel) for autoimmune diseases and non-oncology indications. The company plans to evaluate the program in multiple autoimmune indications with an investigational new drug (IND) filing targeted for mid-2024. TG Therapeutics will receive exclusive worldwide rights to develop and commercialize azer-cel in non-oncology indications in exchange for upfront and potential near-term economics valued at $17.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
none
-
Rhea-AI Summary
Precision BioSciences, Inc. (Nasdaq: DTIL) has completed a strategic transaction with TG Therapeutics, Inc. to develop Azercabtagene Zapreleucel (azer-cel) for autoimmune diseases. Precision will receive $17.5 million upfront and near-term payments, with potential for up to $288 million in other development milestone payments. The upfront cash and near-term payments are expected to extend Precision’s cash runway into the first half of 2026 and fund Precision’s Wholly-Owned In Vivo Gene Editing Programs through PBGENE-HBV and PBGENE-PMM Phase I Clinical Data.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
none
-
Rhea-AI Summary
TG Therapeutics, Inc. (NASDAQ: TGTX) announced that Michael S. Weiss, the Company’s Chairman and Chief Executive Officer, will present at the 42nd Annual J.P. Morgan Healthcare Conference on Tuesday, January 9, 2024, at 4:30 PM PT. A live webcast of the presentation will be available on the Events page of the Company’s website, with a replay available following the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.05%
Tags
conferences
Rhea-AI Summary
TG Therapeutics, Inc. (TGTX) announces CEO's participation in the 6th Annual Evercore ISI HealthCONx Conference on November 29, 2023. The fireside chat will be available via live webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
conferences
-
Rhea-AI Summary
TG Therapeutics, Inc. (NASDAQ: TGTX) announced that its Chairman and CEO, Michael S. Weiss, will participate in the 5th Annual Guggenheim Inflammation, Neurology & Immunology (INI) Conference on November 6-7, 2023. The fireside chat with Weiss is scheduled for November 6 at 3:10 PM ET and will be webcasted live on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.24%
Tags
conferences
-
Rhea-AI Summary
TG Therapeutics, Inc. reported total net revenue of $165.8 million in Q3 2023, including $25.1 million in BRIUMVI net sales in the United States and $140.0 million in license revenue from Neuraxpharm. The company has achieved over 2,200 BRIUMVI prescriptions since launch, with payor coverage in place for approximately 95% of covered lives. TG Therapeutics also presented positive data from clinical trials and has a cash position of $229.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
30.92%
Tags
Rhea-AI Summary
TG Therapeutics, Inc. (NASDAQ: TGTX) will hold a conference call on November 1, 2023, at 8:30 AM ET to discuss third quarter 2023 results and provide a business outlook. Michael S. Weiss, Chairman and CEO, will host the call. Participants can join by calling 1-877-407-8029 (U.S.) or 1-201-689-8029 (outside the U.S.) with the conference title 'TG Therapeutics'. A live webcast will be available on the company's website, and an audio recording will be accessible for 30 days after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.18%
Tags
conferences earnings
-
Rhea-AI Summary
TG Therapeutics presents data from Phase 3 trials of BRIUMVI at ECTRIMS annual meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
none
-
Rhea-AI Summary
TG Therapeutics announces data presentations at the 2023 ECTRIMS annual meeting for BRIUMVI® in patients with relapsing forms of multiple sclerosis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.39%
Tags
none
Rhea-AI Summary
TG Therapeutics CEO to participate in fireside chat at Cantor Global Healthcare Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
conferences

FAQ

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

The current stock price of TG Therapeutics (TGTX) is $32.2 as of December 20, 2024.

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

The market cap of TG Therapeutics (TGTX) is approximately 5.0B.

What is TG Therapeutics' primary focus?

TG Therapeutics focuses on developing and commercializing treatments for B-cell malignancies and autoimmune diseases.

What is BRIUMVI?

BRIUMVI (ublituximab-xiiy) is a monoclonal antibody targeting CD20-expressing B-cells, approved for treating relapsing forms of multiple sclerosis (RMS).

Where is TG Therapeutics headquartered?

The company is headquartered in New York City.

What recent financial performance did TG Therapeutics report?

The company reported over $50 million in BRIUMVI U.S. net revenue for Q1 2024 and updated its annual guidance to $270 to $290 million.

Has BRIUMVI received regulatory approvals outside the U.S.?

Yes, BRIUMVI has been approved by the European Commission (EC) and the Medicines and Healthcare Products Regulatory Agency (MHRA) for RMS treatment in Europe and the UK.

What other therapies is TG Therapeutics developing?

TG Therapeutics is also developing TG-1701, TG-1801, TG-1101 (ublituximab), and TGR-1202 (umbralisib) for B-cell disorders and hematological malignancies.

What are the ULTIMATE I & II Phase 3 trials?

The ULTIMATE I & II trials are clinical studies evaluating the efficacy of BRIUMVI in treating relapsing forms of multiple sclerosis.

What support programs does TG Therapeutics offer for BRIUMVI?

TG Therapeutics offers BRIUMVI Patient Support, a flexible program designed to assist U.S. patients through their treatment journey.

What is the significance of TG Therapeutics' national contract with the VA?

The contract makes BRIUMVI the preferred anti-CD20 antibody therapy for RMS on the VA National Formulary, enhancing access for veterans.

Where can more information about TG Therapeutics be found?

More information is available on the company's website at www.tgtherapeutics.com.

TG Therapeutics, Inc.

Nasdaq:TGTX

TGTX Rankings

TGTX Stock Data

4.98B
140.87M
9.5%
66.38%
18.2%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
NEW YORK