The two are related but not identical
Thymosin beta-4 is a 43-residue naturally occurring protein, the principal actin-sequestering molecule in mammalian cells. TB-500 is a synthetic fragment corresponding to the actin-binding region — commonly the seven-residue LKKTETQ motif, frequently supplied as a longer partial sequence.
The names are used interchangeably in commercial listings, and they should not be. Full-length thymosin beta-4 and the synthetic fragment differ in molecular weight, in solubility behaviour, and in which published literature applies to them. When comparing results, confirm which material the source used.