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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.

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TG Therapeutics reported strong financial results for the first quarter of 2024 with BRIUMVI U.S. net revenue of $50.5 million, total revenue of $63.5 million, and updated yearly guidance to $270 to $290 million in BRIUMVI U.S. net revenue in 2024. The company is also making progress in clinical goals and advancing its pipeline. Recent highlights include the commercialization of BRIUMVI in the U.S. and Europe, obtaining additional patents, and entering into a global license agreement. Financially, the company saw significant growth in product revenue and net loss reduction.

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TG Therapeutics, Inc. (NASDAQ: TGTX) will host a conference call on May 1, 2024, to discuss the first quarter financial results and the business outlook for 2024. The call will be led by Michael S. Weiss, Chairman and CEO. Participants can join via phone or webcast.

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TG Therapeutics announces additional data presentations for BRIUMVI® (ublituximab-xiiy) in Multiple Sclerosis at the American Academy of Neurology 2024 Annual Meeting. The company presented two additional data presentations from the ULTIMATE I & II Phase 3 trials, showcasing positive results in patients with relapsing forms of multiple sclerosis. The data highlighted the significant reduction in radiological disease activity and improved disability outcomes associated with earlier initiation of Ublituximab treatment. TG Therapeutics remains committed to research and the multiple sclerosis community, with ongoing evaluation of data from the Phase 3 trials and plans to present additional exploratory data throughout the year.
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TG Therapeutics, Inc. (NASDAQ: TGTX) has been awarded a national contract by the Department of Veterans Affairs for BRIUMVI as the preferred anti-CD20 therapy for patients with relapsing forms of multiple sclerosis. The contract, with a potential value of $186,776,520, signifies a significant milestone for the company in providing access to BRIUMVI to Veterans across the country.
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TG Therapeutics presents data for BRIUMVI® (ublituximab-xiiy) in Multiple Sclerosis at AAN 2024 Annual Meeting, showcasing positive results from Phase 3 trials.
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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, Inc.

Nasdaq:TGTX

TGTX Rankings

TGTX Stock Data

2.65B
134.88M
9.08%
59.26%
22.25%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
NEW YORK

About TGTX

tg therapeutics is a biopharmaceutical company focused on the acquisition, development and commercialization of novel treatments for b-cell malignancies and autoimmune diseases. currently, the company is developing two therapies targeting hematological malignancies. tg-1101 (ublituximab) is a novel, glycoengineered monoclonal antibody that targets a specific and unique epitope on the cd20 antigen found on mature b-lymphocytes. tg therapeutics is also developing tgr-1202, an orally available pi3k delta inhibitor. the delta isoform of pi3k is strongly expressed in cells of hematopoietic origin and is believed to be important in the proliferation and survival of b-lymphocytes. both tg-1101 and tgr-1202 are in clinical development for patients with hematologic malignancies. the company also has pre-clinical programs to develop irak4 inhibitors, and anti-pd-l1 and anti-gitr antibodies. tg therapeutics is headquartered in new york city and is traded on nasdaq under the ticker symbol "tgtx".