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 commercial-stage biopharmaceutical company focused on B-cell diseases, with news flow centered on its CD20-targeted monoclonal antibody BRIUMVI (ublituximab-xiiy) for relapsing forms of multiple sclerosis (RMS). This news page aggregates company announcements, clinical data updates, financial results, and corporate presentations related to TGTX stock.
Recent press releases highlight preliminary and reported revenue from BRIUMVI, including disclosures that product revenue consists primarily of net product sales of BRIUMVI in the United States and sales to ex-U.S. partners. Investors can follow updates on revenue guidance, operating expense targets, and commentary on how BRIUMVI commercialization influences overall company performance.
TG Therapeutics also issues frequent news about its development programs. These items include progress in the ENHANCE Phase 3b trial evaluating a simplified intravenous dosing schedule for BRIUMVI, the Phase 3 pivotal program for subcutaneous ublituximab, and the Phase 1 trial of azer-cel, an allogeneic CD19 CAR T therapy in autoimmune disease. Additional releases cover long-term ULTIMATE I & II trial data, real-world ENABLE observational study outcomes, and schedules of data presentations at neurology and multiple sclerosis congresses.
Corporate news includes participation in major healthcare and biotechnology investor conferences, rankings such as the Deloitte Technology Fast 500, and announcements of share repurchase authorizations. By following this TGTX news feed, readers can monitor how clinical results, regulatory milestones, commercialization updates, and financial disclosures intersect for TG Therapeutics and its lead therapy BRIUMVI.
TG Therapeutics (NASDAQ: TGTX) reported strong Q2 2024 financial results, with U.S. BRIUMVI net revenue of $72.6 million, representing over 350% growth year-over-year. The company raised its full-year 2024 U.S. BRIUMVI net revenue guidance to $290-$300 million. TG Therapeutics achieved positive cash flow in Q2 2024 and established a $250 million credit facility to repay existing debt and initiate a share repurchase program. The company also made progress in its R&D pipeline, initiating a phase 1 study for subcutaneous ublituximab in RMS patients and receiving FDA IND clearance for azer-cel in progressive MS. With approximately 5,850 new patient prescriptions for BRIUMVI since launch, TG Therapeutics continues to show strong commercial momentum.
TG Therapeutics (NASDAQ: TGTX) has announced a conference call scheduled for Tuesday, August 6, 2024, at 8:30 AM ET to discuss the company's second quarter 2024 financial results and provide a business outlook for 2024. The call will be hosted by Michael S. Weiss, Chairman and CEO. Participants can join by calling 1-877-407-8029 (U.S.) or 1-201-689-8029 (outside U.S.). A live webcast will be available on the company's website, and an audio recording will be accessible for 30 days after the call. TG Therapeutics will release its financial results in a press release prior to the call.
TG Therapeutics (NASDAQ: TGTX) announced that CEO Michael S. Weiss will participate in the Goldman Sachs 45th Annual Global Healthcare Conference, held at the Loews Miami Beach Hotel, from June 10-13, 2024.
Weiss is scheduled for a fireside chat on June 11, 2024, at 1:20 PM ET. A live webcast will be available on the company's Investors & Media section.
TG Therapeutics (NASDAQ: TGTX) will participate in the Jefferies Global Healthcare Conference on June 5-6, 2024, at the Marriott Marquis, New York City. Michael S. Weiss, Chairman and CEO, will conduct a fireside chat on June 5, 2024, at 1:30 PM ET. The event will be webcast live and accessible on TG Therapeutics' website.
The conference appearance aims to provide updates on the company's progress and strategies, potentially impacting investor perception and stock performance.
TG Therapeutics presented study designs for post-marketing studies of BRIUMVI® (ublituximab) at the 2024 Consortium of Multiple Sclerosis Centers annual meeting. The studies focus on evaluating BRIUMVI's presence in breast milk and its impact on pregnancy and infant outcomes. These presentations are now publicly available on the company's website.
TG Therapeutics (NASDAQ: TGTX) has announced the schedule for upcoming presentations regarding BRIUMVI® (ublituximab) at the 2024 Consortium of Multiple Sclerosis Centers (CMSC) Annual Meeting, set to take place from May 29 to June 1 in Nashville, Tennessee.
The presentations will highlight post-marketing studies on BRIUMVI for patients with relapsing forms of multiple sclerosis (RMS). Key sessions include:
- 'A Post-Marketing Study Evaluating the Presence and Concentration of BRIUMVI in Breast Milk' scheduled for May 30, led by Dr. Riley Bove from UCSF.
- 'BRIUMVI Pregnancy Registry: A Prospective Study of Pregnancy and Infant Outcomes in Patients Treated with BRIUMVI' also on May 30, led by Dr. Riley Bove from UCSF.
Abstracts are available online on the CMSC meeting website.
Precision BioSciences, Inc. (Nasdaq: DTIL) reported their first quarter 2024 financial results and provided a business update. The company is focused on advancing its wholly owned gene editing programs for Hepatitis B virus and primary mitochondrial myopathy. Precision also exercised the option to return three preclinical programs for internal development or with partners. They monetized CAR T assets through licensing deals and completed a $40 million common stock offering to extend cash runway into H2 2026. Financially, Precision had $137.8 million in cash and cash equivalents as of March 31, 2024, with total revenues of $17.6 million for the quarter. Research and development expenses increased to $13.3 million, while general and administrative expenses decreased to $8.4 million. Net income from continuing operations was $8.6 million for the quarter.
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.
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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