TG Ther­a­peu­tics pre­pares to ap­proach reg­u­la­tors with MS drug; In­vestors bet $93M on a life sci­ences tools com­pa­ny

Gear­ing up for a bat­tle with phar­ma gi­ants, TG Ther­a­peu­tics says it’s near­ly ready to ap­proach reg­u­la­tors with its CD20 drug for mul­ti­ple scle­ro­sis.

The biotech read out re­sults from two Phase III tri­als at AAN, which show its can­di­date ubli­tux­imab re­duced pa­tients’ an­nu­al­ized re­lapse rate by 60% and 50% com­pared to Sanofi’s Auba­gio, or ter­i­fluno­mide — an 8-year-old drug that’s of­ten used as a bench­mark.

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