TG Therapeutics Updates 2024 Briumvi U.S. Net Product Revenue Target To Approximately $270M-$290M Versus Prior Guidance Of $220M-$260M
Portfolio Pulse from Benzinga Newsdesk
TG Therapeutics has updated its 2024 Briumvi U.S. net product revenue target to approximately $270M-$290M, an increase from the prior guidance of $220M-$260M.
May 01, 2024 | 11:10 am
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TG Therapeutics has raised its 2024 revenue forecast for Briumvi in the U.S. to $270M-$290M from the previously estimated $220M-$260M.
Raising the revenue forecast for a key product like Briumvi significantly indicates stronger than anticipated market acceptance and sales performance. This positive adjustment is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term as it reflects confidence in the company's growth trajectory and financial health.
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