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Tonix Pharmaceuticals Holding Corp. - TNXP STOCK NEWS

Welcome to our dedicated page for Tonix Pharmaceuticals Holding news (Ticker: TNXP), a resource for investors and traders seeking the latest updates and insights on Tonix Pharmaceuticals Holding stock.

Tonix Pharmaceuticals Holding Corp. (symbol: TNXP) is a pioneering biopharmaceutical company dedicated to developing, licensing, and commercializing innovative therapeutics to treat and prevent human diseases. With a focus on central nervous system (CNS) disorders, Tonix is at the forefront of addressing major public health challenges.

One of Tonix's key projects is Tonmya, aimed at treating PTSD, which is currently in advanced stages of development. Additionally, the company is working on TNX-601 (tianeptine oxalate), a daytime treatment for PTSD, and TNX-801, a synthetic version of the horsepox virus, intended as a potential smallpox vaccine, both at the pre-IND (Investigational New Drug) application stage.

The company’s immunology development portfolio includes TNX-1500, a humanized monoclonal antibody targeting CD40-ligand (CD40L or CD154), being developed to prevent allograft rejection and treat autoimmune diseases. This portfolio demonstrates Tonix's commitment to addressing both organ transplant rejection and autoimmunity, as well as cancer.

Tonix’s mission to alleviate suffering extends beyond CNS disorders and immunology, as it is also exploring therapeutic solutions for rare and infectious diseases. Their dedication to research and innovation has established partnerships with reputable institutions, such as Massachusetts General Hospital, ensuring that their projects are backed by cutting-edge science and expertise.

For more information, visit Tonix Pharmaceuticals Holding Corp.

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Tonix Pharmaceuticals announced FDA acceptance of its New Drug Application (NDA) for TNX-102 SL, a non-opioid analgesic for fibromyalgia management. The drug, granted Fast Track designation in July 2024, could become the first new fibromyalgia treatment in over 15 years. The NDA is supported by two successful Phase 3 trials: RELIEF (completed December 2020) and RESILIENT (completed December 2023), both showing significant pain reduction compared to placebo (p=0.010 and p=0.00005 respectively).

TNX-102 SL was generally well tolerated, with tongue/mouth numbness being the most common side effect. The drug targets a condition affecting over 10 million U.S. adults, predominantly women. The FDA is expected to assign a PDUFA target action date and announce Priority Review status in the Day 74 Letter.

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Tonix Pharmaceuticals (NASDAQ: TNXP) has submitted a new drug application (NDA) to the FDA for TNX-102 SL, a non-opioid treatment for fibromyalgia. The drug, which received Fast Track designation, targets sleep problems associated with fibromyalgia through a sublingual formulation of cyclobenzaprine hydrochloride.

In the recent RESILIENT phase 3 trial, TNX-102 SL demonstrated significant improvement in fibromyalgia pain (p-value=0.00005), sleep quality, fatigue, and overall symptoms. The global fibromyalgia market is projected to grow from $2.8 billion in 2024 to $4.13 billion in 2032. Currently, 85% of fibromyalgia patients fail first-line therapy, and 79% require multiple treatments.

FDA's decision on NDA acceptance is expected mid-December 2024, with potential approval by mid-August 2025.

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Tonix Pharmaceuticals (TNXP) announces two strategic hires to support the launch of TNX-102 SL for fibromyalgia management. Bradley Raudabaugh, MBA, joins as VP Marketing with 25+ years experience, previously VP of Product Strategy at Axsome Therapeutics. Errol Gould, Ph.D., becomes VP Medical Affairs, bringing 25+ years in R&D and medical affairs. The company submitted an NDA for TNX-102 SL in October 2024, with FDA acceptance expected December 2024 and a decision in 2025. If approved, TNX-102 SL would be the first new fibromyalgia drug in over 15 years and the first in a new class of analgesics.

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Tonix Pharmaceuticals (Nasdaq: TNXP) announced that Chief Operating Officer Jessica Morris will present at NobleCon20, Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference on December 3-4 in Boca Raton, Florida. The presentation is scheduled for Tuesday, December 3, 2024, at 12:00 p.m. ET.

The company highlighted its development portfolio, including TNX-102 SL for fibromyalgia management, which has FDA Fast Track designation and awaits an FDA decision on NDA acceptance in December. Other key developments include TNX-1300 for cocaine intoxication treatment, TNX-1500 for organ transplant rejection, and a recent $34 million contract with the U.S. DoD for developing TNX-4200 antiviral agents.

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Tonix Pharmaceuticals (Nasdaq: TNXP) announced that Chief Operating Officer Jessica Morris will present at the Winter 2024 Investor Summit Virtual on November 21, 2024, at 10:00 a.m. ET. The company, which focuses on pain management therapies and vaccines, highlighted its development portfolio including TNX-102 SL for fibromyalgia management, currently awaiting FDA review decision in December. The company also develops TNX-1300 for cocaine intoxication and TNX-1500 for organ transplant rejection. Recently, Tonix secured a contract worth up to $34 million with the U.S. DoD's DTRA to develop TNX-4200 antiviral agents. Their commercial subsidiary markets Zembrace SymTouch and Tosymra for acute migraine treatment.

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Tonix Pharmaceuticals (TNXP) presented data from their Phase 3 RESILIENT study of TNX-102 SL for fibromyalgia treatment at the ACR Convergence 2024. The study demonstrated statistically significant improvement in the primary endpoint of fibromyalgia nociplastic pain (p-value=0.00005) and all six key secondary endpoints, including sleep quality. The company submitted a New Drug Application to the FDA in October 2024, with a decision expected in 2025. If approved, TNX-102 SL would be the first new fibromyalgia drug in over 15 years and the first in a new class of non-opioid analgesics targeting non-restorative sleep.

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Tonix Pharmaceuticals (NASDAQ:TNXP) is marketing two non-oral migraine treatments: Zembrace SymTouch (sumatriptan autoinjector) and Tosymra (sumatriptan nasal spray), designed to provide relief in as little as 10 minutes. These products address limitations of oral medications, which can take 30-60 minutes to work and may be less effective during migraines due to gastroparesis. Clinical trials showed 17% of Zembrace users experienced relief within 10 minutes versus 5% with placebo, while Tosymra achieved 57% pain reduction at two hours compared to 21% with placebo. The company reported $11.3 million in trailing year sales for these migraine products.

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Tonix Pharmaceuticals (TNXP) announced a poster presentation at the ACR Convergence 2024 Annual Meeting in Washington, D.C. CEO Seth Lederman will present data on a Phase 3 trial of TNX-102 SL for fibromyalgia. The company awaits FDA decision on NDA acceptance and PDUFA date in December, with potential approval decision in 2025. The FDA has granted Fast Track designation for TNX-102 SL. The company's pipeline includes TNX-1300 for cocaine intoxication, TNX-1500 for organ transplant rejection, and recently secured a DoD contract worth up to $34 million for developing TNX-4200 antiviral agents.

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Tonix Pharmaceuticals (TNXP) announced the publication of data in mSphere journal showing that their single-dose mpox and smallpox vaccine candidate TNX-801 is well-tolerated in immune-compromised animals. The study demonstrates that TNX-801 is 10 to 1,000-fold more attenuated compared to older vaccinia vaccines. This research comes amid WHO's declaration of two ongoing public health emergencies (PHEICs) related to different mpox clades: the new Clade Ib outbreak affecting 16 African countries and several non-African nations, and the continuing Clade IIb outbreak from 2022. Previously, TNX-801 showed protection against lethal Clade Ia monkeypox challenges in animal studies.

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Tonix Pharmaceuticals submitted a New Drug Application (NDA) to FDA for TNX-102 SL for fibromyalgia treatment, based on two successful Phase 3 studies. The drug received Fast Track Designation in July 2024, with an FDA decision expected in December 2024. If approved in 2025, it would be the first new fibromyalgia drug in over 15 years. The company reported Q3 2024 financial results with $28.2 million in cash, $2.8 million in product revenue, and a net loss of $14.2 million. Tonix also secured a DoD contract worth up to $34 million for antiviral drug development.

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FAQ

What is the current stock price of Tonix Pharmaceuticals Holding (TNXP)?

The current stock price of Tonix Pharmaceuticals Holding (TNXP) is $0.6116 as of December 20, 2024.

What is the market cap of Tonix Pharmaceuticals Holding (TNXP)?

The market cap of Tonix Pharmaceuticals Holding (TNXP) is approximately 112.7M.

What is the main focus of Tonix Pharmaceuticals Holding Corp.?

Tonix focuses on developing, licensing, and commercializing therapeutics to treat and prevent human diseases, with a primary focus on central nervous system disorders.

What is Tonmya?

Tonmya is a treatment developed by Tonix Pharmaceuticals aimed at addressing PTSD. It is one of the company's key projects.

What are TNX-601 and TNX-801?

TNX-601 (tianeptine oxalate) is a candidate for daytime treatment of PTSD and TNX-801 is a synthetic version of the horsepox virus, intended as a potential smallpox-preventing vaccine.

What is TNX-1500?

TNX-1500 is a humanized monoclonal antibody targeting CD40-ligand, being developed to prevent allograft rejection and treat autoimmune diseases.

Which institutions is Tonix Pharmaceuticals affiliated with?

Tonix has established partnerships with reputable institutions, including Massachusetts General Hospital, to support their research and development projects.

How can I get more information about Tonix Pharmaceuticals?

More information about Tonix Pharmaceuticals can be found on their official website, www.tonixpharma.com.

What areas of disease does Tonix Pharmaceuticals focus on?

Tonix focuses on central nervous system disorders, organ transplant rejection, autoimmunity, cancer, rare diseases, and infectious diseases.

What stage are TNX-601 and TNX-801 in?

Both TNX-601 and TNX-801 are at the pre-IND (Investigational New Drug) application stage.

Who can I contact for investor relations at Tonix Pharmaceuticals?

For investor relations, you can contact Jessica Morris at investor.relations@tonixpharma.com or Peter Vozzo at peter.vozzo@westwicke.com.

Who can I contact for media inquiries at Tonix Pharmaceuticals?

For media inquiries, you can contact Katie Dodge at kdodge@lavoiehealthscience.com.

Tonix Pharmaceuticals Holding Corp.

Nasdaq:TNXP

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112.70M
186.60M
0.17%
0.23%
5.48%
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