Trade TG Therapeutics, Inc. - TGTX CFD

TG Therapeutics, Inc. Company profile

About TG Therapeutics Inc

TG Therapeutics, Inc. is a commercial-stage biopharmaceutical company that is focused on the acquisition, development, and commercialization of novel treatments for B-cell malignancies and autoimmune diseases. The Company’s two programs in Phase III development for the treatment of patients with relapsing forms of multiple sclerosis (RMS) and patients with chronic lymphocytic leukemia (CLL) and several investigational medicines in Phase I clinical development. The Company’s clinical programs are focused on Marginal Zone Lymphoma (MZL), Follicular Lymphoma (FL), CLL, and MS. MZL comprises a group of indolent (slow-growing) mature B-cell non-Hodgkin lymphomas (NHLs). MZL consists of three different subtypes extranodal MZL of the mucosal-associated lymphoid tissue (MALT), nodal marginal zone lymphoma (NMZL), and splenic marginal zone lymphoma (SMZL).

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, TG Therapeutics Inc revenues increased from $152K to $6.7M. Net loss increased 25% to $348.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Other general and administrative increase from $41.5M to $90.9M (expense), Other research and development increase of 31% to $198.5M (expense).

Equity composition

Common Stock $.05 Par, 04/12, 500M auth., 5,058,834 issd. Insiders & stakeholders own 39.30%. Preferred Stock $.001 Par, 1.5M auth. 03/08 Company delisted from AMEX to OTC Bulletin Board. 07/11, 1-for-50 reverse stock split. 04/12, 1-for-56.25 Reverse split.