TG Therapeutics (TGTX) is a biopharmaceutical company that has developed an innovative drug, Ublituximab, to treat patients with relapsing forms of multiple sclerosis (RMS). Ublituximab is a monoclonal antibody that blocks the action of a specific protein, CD20, which is involved in the immune system’s attack on the central nervous system in RMS. It is the first drug of its kind to be approved by the U.S. Food and Drug Administration (FDA).

TG Therapeutics is confident that Ublituximab will be approved by the FDA due to its excellent safety profile and effectiveness. Ublituximab has been tested in a number of clinical trials and has been found to significantly reduce the number of gadolinium-enhancing lesions on MRI scans, as well as reduce the number and severity of relapses in patients with RMS. The drug has also been found to be safe and well-tolerated, with no serious adverse events reported.

In addition, Ublituximab has the potential to be a cost-effective treatment for RMS. It is administered intravenously, making it more convenient than other injectable therapies. Additionally, Ublituximab is dosed on a fixed schedule, eliminating the need for frequent lab tests and patient monitoring. This could lead to significant savings for patients and their healthcare providers.

TG Therapeutics is committed to providing innovative treatments that can improve the lives of patients with RMS. Ublituximab offers the potential to improve the symptoms of the disease and reduce the number of relapses, as well as improve patients’ quality of life. Furthermore, its convenience and cost-effectiveness could make it an attractive option for many patients.

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With its excellent safety profile and effectiveness, Ublituximab is well-positioned to receive FDA approval. This would be a major breakthrough in the treatment of RMS, and TG Therapeutics is dedicated to making this life-changing drug available to those who need it.

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Dennis is a business and financial writer, who had spent almost his entire life independently reporting on different business ventures with major impact on the US and global economy. Dennis places a special focus on examining tech stocks, biotech stocks all while investing a great part of his early hours to researching and writing on the companies in the US markets. Dennis has 15+ years of experience in financial markets.