On Tuesday, 10 June 2025, TG Therapeutics (NASDAQ:TGTX) presented at the Goldman Sachs 46th Annual Global Healthcare Conference 2025. The company discussed its strategic initiatives and future growth plans, focusing on Breumvy, its commercial-stage drug for B cell diseases. While TG Therapeutics highlighted positive developments in market share and innovation, challenges remain in expanding their pipeline and maintaining competitive positioning.
Key Takeaways
- TG Therapeutics is committed to growing its market share in the CD20 therapy space, focusing on Breumvy’s performance and patient experience.
- The company is investing in marketing and development, aiming to enhance Breumvy’s dosing and formulation.
- A share buyback program is underway, reflecting confidence in long-term growth.
- Future expansion includes potential new indications and partnerships, particularly in neurological conditions.
- Financial guidance for Breumvy’s full-year revenue is set at $560 million.
Financial Results
- TG Therapeutics provided a revenue guidance of $560 million for Breumvy in 2025.
- The company’s revenue drivers include new patient starts and persistence in treatment.
- A share buyback program has been initiated, indicating a focus on shareholder value.
Operational Updates
- The company has achieved parity in formulary coverage with competitors such as Ocrevus, with some plans preferring Breumvy.
- TG Therapeutics has doubled its field force since the drug’s launch, leading to increased market penetration.
- Marketing efforts have expanded to include online platforms, testimonials, and connected TV commercials.
- The company is working on consolidating Breumvy’s dosing to a single day and developing a 30-minute infusion option.
- A subcutaneous formulation is in development to compete with at-home injection options like Kesimpta.
- Future Outlook
- TG Therapeutics is exploring new indications for Breumvy, including MG, and is investing in a CAR T program.
- The company is targeting neurological conditions such as NMO and CIDP for future pipeline expansion.
- A subcutaneous formulation with potential for Q2 month or Q3 month dosing regimens is being developed.
Q&A Highlights
- An unidentified speaker emphasized the importance of realistic performance estimates and the company’s goal to lead in dynamic market share for CD20 therapies.
- The company remains open to new product opportunities and partnerships that align with its strategic goals.
For more detailed insights, readers are encouraged to refer to the full transcript below.
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