TG Therapeutics Raises $60m Following Combo Therapy Success In CLL

One day after reporting that its umbralisib/ublituximab combo met a PFS endpoint in CLL, TG raises $60m as it prepares for a year-end filing of the combo. Umbralisib monotherapy is under FDA review already.

Winning, victory, success and surviving concept. Green board game pawn stand alone, the white rest fallen. Eliminating competitors. One against the others. Last man standing. Against all odds.
TG Therapeutics' U2 combo topped a comparator regimen for PFS in CLL patients

A bet TG Therapeutics Inc. placed in 2018 appears to be paying off now as the firm reported positive top-line progression-free survival data for its umbralisib/ublituximab combination regimen in chronic lymphocytic leukemia on 5 May, and then raised $60m on the strength of those data on 6 May. TG hopes to file the combo for US approval in first-line and relapsed/refractory CLL before the end of 2020.

The New York-based biotech initially planned to file the combo regimen with the US Food and Drug Administration in 2018 based on an interim analysis looking at the objective response rate, but the data were not mature at that time

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