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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 has introduced its new antidepressant candidate, TNX-601 ER (tianeptine hemioxalate), which may provide significant therapeutic advantages over current U.S. antidepressants. For over 30 years, tianeptine has been available outside the U.S. and is noted for its efficacy without causing sexual dysfunction or weight gain. This unique mechanism of action promotes neuron connectivity, potentially offering longer-term relief from depression. The company is conducting a Phase 2 study called UPLIFT to evaluate the safety of TNX-601 ER in ~300 patients, with results expected in Q4 2023. The global antidepressant market reached $15 billion in 2020 and is projected to grow to $21 billion by 2030, driven by innovative treatment options.

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Tonix Pharmaceuticals (Nasdaq: TNXP) presented research on TNX-1700 at the AACR Annual Meeting (April 14-19, 2023). The studies demonstrated that mTNX-1700, a TFF2-albumin fusion peptide, effectively targeted myeloid-derived suppressor cells (MDSCs) and enhanced anti-tumor immunity when combined with PD-1 blockade therapy in mouse models of colorectal and gastric cancer.

The poster titled “MDSC-targeted TFF2-MSA suppresses tumor growth and increases survival in anti-PD-1 treated MC38 and CT26.wt murine colorectal cancer models” showed significant anti-tumor effects. Another poster focused on diffuse-type gastric cancer, suggesting the potential of mTNX-1700 in combination treatments.

CEO Seth Lederman stated that the results indicate mTNX-1700 offers additive benefits to existing cancer therapies, paving the way for future clinical exploration.

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Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) announced the online publication of two significant papers in the American Journal of Transplantation, detailing the effectiveness of TNX-1500, a monoclonal antibody aimed at preventing organ transplant rejection. The studies conducted in collaboration with Massachusetts General Hospital demonstrated that TNX-1500 successfully prevented organ rejection in non-human primates and was well tolerated, with no thrombosis observed. Tonix plans to initiate a Phase 1 clinical trial for TNX-1500 in human kidney transplant patients in Q2 2023. This promising data supports the potential of TNX-1500 to enhance organ transplant outcomes and addresses the need for new immunomodulatory therapies.

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Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) announced changes to streamline its clinical trials for fibromyalgia and chronic migraine. The company will eliminate interim analyses in the Phase 3 RESILIENT study of TNX-102 SL for fibromyalgia and the Phase 2 PREVENTION study of TNX-1900 for chronic migraine. These modifications aim to expedite timelines, with topline results expected in Q4 2023. Target enrollment for the fibromyalgia study remains at approximately 470 participants, while the chronic migraine study's enrollment has been reduced from 300 to 150 participants. CEO Seth Lederman emphasized the commitment to advancing these central nervous system programs closer to FDA approval.

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Tonix Pharmaceuticals (Nasdaq: TNXP) announced promising preclinical results for its vaccine candidate, TNX-801, designed to combat mpox and smallpox. Presented at the World Vaccine Congress, TNX-801 demonstrated full protection against lethal challenges in non-human primates, indicating strong efficacy. The CEO emphasized TNX-801's potential for widespread use without the need for cold storage. A Phase 1 trial for TNX-801 is slated to begin in the second half of 2023. Additionally, TNX-1800, another vaccine candidate targeting SARS-CoV-2, showed effectiveness in protecting airways in animal models. Tonix is committed to developing robust vaccines for emerging infectious diseases, contributing to public health security.

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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 $0.19 as of November 22, 2024.

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

The market cap of Tonix Pharmaceuticals Holding (TNXP) is approximately 38.2M.

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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TNXP Stock Data

38.16M
186.60M
0.17%
0.23%
5.48%
Biotechnology
Pharmaceutical Preparations
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