TG Therapeutics Announces European Launch of BRIUMVI (Ublituximab-xiiy), Bags a Milestone Payment of $12.5M

TG Therapeutics, Inc. -1.97% Pre

TG Therapeutics, Inc.

TGTX

30.79

30.80

-1.97%

+0.03% Pre

TG Therapeutics, Inc. (NASDAQ:TGTX) (TG Therapeutics) today announced that its ex-US partner, Neuraxpharm Group (Neuraxpharm), a leading European specialty pharmaceutical company focused on the treatment of central nervous system (CNS) disorders, launched BRIUMVI® (ublituximab-xiiy) in Europe, for the treatment of adults patients with relapsing forms of multiple sclerosis (RMS), who have active disease defined by clinical or imaging features. The launch commenced in Germany, with additional launches throughout Europe to follow. In accordance with the ex-US commercialization agreement, TG Therapeutics will receive a milestone payment of $12.5 million for the first launch of BRIUMVI in a European country.

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