Las Vegas, NV -- (SBWIRE) -- 03/14/2013 -- TG THERAPEUTICS INC (OTC:TGTX) has gained about 18 percent today and is trading at $4.74. The company’s highest in last 52 weeks stands at $10.40 where as it traded lowest at $1.82.
TG Therapeutics Inc has recently released its financial results for fourth quarter and annual report for year ending December 2012. The company also announced that they will be arranging a conference for their investors today to let them know about developments of year 2012 and plans for year 2013.
The company has increased cash/cash equivalent to $16.5million in 2012 as compared to $9.7million in year ending 2011 report. The consolidated losses for the year ending 2012 came out to be about 26 million, of which TG Therapeutics and subsidiaries attributed about 18 million. The company has expense of about $4 million in research and development of TG-1101 and TGR-1202, and about $2 million in general and administrative expenses.
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