U.S. FDA approves TG Therapeutics' multiple sclerosis drug; shares surge

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Cantor Fitzgerald Explains Drivers of TG Therapeutics (TGTX) Performance Today

December 29, 2022 11:06 AM EST

Cantor Fitzgerald analyst Prakhar Agrawal reiterated an Overweight rating and $40.00 price target on TG Therapeutics (NASDAQ: TGTX).

The analyst comments "TGTX stock is up >15% (versus +4% for XBI) driven by: 1) positive comments on pricing: we think list price is rational with some... More

Cantor Fitzgerald Keeps $40 PT on TG Therapeutics (TGTX), 'Label Looks Clean & Slightly Better Than Expectations'

December 28, 2022 2:18 PM EST

Cantor Fitzgerald analyst Prakhar Agrawal reiterated an Overweight rating and $40.00 price target on TG Therapeutics (NASDAQ: TGTX)

The analyst comments "Ublituximab (brand name: Briumvi) was just (PDUFA: 12/28) approved by the FDA for the treatment of relapsing forms of Multiple Sclerosis (MS) label... More

TG Therapeutics (TGTX) to Resume Trading at 2:20 p.m.

December 28, 2022 1:55 PM EST

TG Therapeutics (NASDAQ: TGTX) to Resume Trading at 2:20 p.m.

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TG Therapeutics (TGTX) Confirms FDA Approval of BRIUMVI (ublituximab-xiiy)

December 28, 2022 1:49 PM EST

TG Therapeutics, Inc. (NASDAQ: TGTX) today announced the U.S. Food and Drug Administration (FDA) has approved BRIUMVI (ublituximab-xiiy), for the treatment of relapsing forms of multiple sclerosis (RMS), to include clinically isolated syndrome, relapsing-remitting disease, and active secondary progressive disease, in adults.

Approval was granted for this indication based on data from the ULTIMATE I & II Phase 3 trials, which demonstrated superiority over teriflunomide in significantly reducing the annualized relapse rate (ARR, the primary endpoint), the number of T1 Gd-enhancing lesions and the number of new or enlarging T2 lesions. Results... More