TG Therapeutics Inc - Company Profile
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Business Description
TG Therapeutics Inc (TG Therapeutics) develops products for the treatment of B-cell malignancies and various autoimmune diseases. Its lead product candidate Briumvi (ublituximab- xiiy) is a chimeric, glycoengineered monoclonal antibody, which targets a specific and unique epitope on the CD20 antigen that is present on the surface of B-lymphocytes. The B-cell depleting effects are through three mechanisms: complement-dependent cytotoxicity (CDC); antibody-dependent cell-mediated cytotoxicity (ADCC) and direct or programmed cell death (DCD or PCD).
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R&D Overview
TG Therapeutics has a major focus on its research and development operations for the development of novel monoclonal antibodies to treat various B-cell proliferative disorders including leukemia, lymphoma, and auto-immune diseases. In FY2023, the company spent US$63.2 million on R&D activities. Few of the pipeline products of the company in include; Ublituximab, TG-1801 and TG-1701. It is currently testing TG-1701 in patients with B-cell malignancies in a Phase 1 multi-center, dose-escalation clinical trial. TG-1801 is a first-in-class, bispecific CD47, and CD19 antibody.
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