TG Therapeutics shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 Briumvi U.S. net product revenue. The company entered into a term loan facility with Blue Owl Capital.
Portfolio Pulse from Benzinga Newsdesk
TG Therapeutics shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 Briumvi U.S. net product revenue. The company also entered into a term loan facility with Blue Owl Capital.
August 06, 2024 | 11:45 am
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TG Therapeutics shares are trading higher due to better-than-expected Q2 financial results and an increase in FY24 Briumvi U.S. net product revenue guidance. Additionally, the company secured a term loan facility with Blue Owl Capital.
The better-than-expected Q2 financial results and raised FY24 revenue guidance for Briumvi are positive indicators for TG Therapeutics' financial health and future growth prospects. The term loan facility with Blue Owl Capital further strengthens the company's financial position.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100