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Tonix Pharmaceuticals Holding (TNXP) Stock News, Aug 6-29, 2024

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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. develops and commercializes biotechnology products for central nervous system disorders, immunology, infectious diseases and rare diseases. Company news centers on TONMYA, an FDA-approved cyclobenzaprine HCl sublingual tablet for fibromyalgia in adults, along with marketed acute migraine products Zembrace SymTouch and Tosymra.

Recurring updates also cover Tonix’s development pipeline, including TNX-4800, a long-acting anti-Borrelia OspA human monoclonal antibody for Lyme disease prophylaxis; TNX-1900 intranasal potentiated oxytocin for craniofacial pain conditions; TNX-1700 and TNX-4700 immuno-oncology programs; TNX-801 vaccine research; and TNX-1500 for prevention of kidney transplant rejection. Other company developments include scientific presentations, clinical and preclinical data, commercial access arrangements, operating results, capital-structure disclosures and governance matters.

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Tonix Pharmaceuticals (TNXP) presented data on TNX-102 SL for acute stress reaction (ASR) and PTSD prevention at the 2024 Military Health System Research Symposium. An investigator-initiated Phase 2 trial to evaluate TNX-102 SL's potential to reduce ASR severity and prevent PTSD is expected to begin in Q3 2024. The OASIS trial will enroll about 180 trauma survivors at emergency departments, randomizing them to receive TNX-102 SL or placebo for two weeks after motor vehicle collisions.

TNX-102 SL showed effects on sleep and PTSD symptoms in previous military-related PTSD trials. The company believes early intervention with TNX-102 SL could reduce ASR symptoms and prevent PTSD development. Tonix also presented data on an automated high-throughput assay for screening wound healing therapeutics.

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Tonix Pharmaceuticals (Nasdaq: TNXP) presented data on TNX-102 SL, a potential non-opioid analgesic for fibromyalgia, at the 2024 Military Health System Research Symposium. The Phase 3 RESILIENT study showed statistically significant improvement in the primary endpoint of fibromyalgia nociplastic pain (p-value=0.00005) and all six key secondary endpoints, including sleep quality. Post hoc analyses revealed strong correlations between improvements in pain and sleep quality, supporting the concept of targeting sleep to achieve syndromal improvement in fibromyalgia.

TNX-102 SL was well-tolerated with no new safety signals. Tonix plans to submit a New Drug Application (NDA) in the second half of 2024, with an FDA decision expected in 2025. The company believes TNX-102 SL could be the first new treatment option for fibromyalgia in 15 years.

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Tonix Pharmaceuticals (TNXP) and Bilthoven Biologicals (BBio) have announced a collaboration to advance TNX-801, Tonix's mpox vaccine candidate. This partnership comes as the World Health Organization (WHO) declared the spread of mpox in multiple African countries a public health emergency for the second time in two years. TNX-801 is a live replicating, attenuated virus vaccine based on horsepox, currently in preclinical development to prevent mpox and smallpox.

Key points:

  • TNX-801 has shown promising results in animal models, protecting non-human primates against lethal Clade 1 monkeypox virus challenge
  • The vaccine is designed to be administered as a single dose, potentially improving acceptance and eliminating partial vaccination issues
  • BBio, part of the Cyrus Poonawalla Group, will develop manufacturing processes for potential GMP production
  • The collaboration aims to address the global need for an affordable, safe, and effective mpox vaccine
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Tonix Pharmaceuticals (Nasdaq: TNXP) announced its participation in the 2024 Military Health System Research Symposium (MHSRS) with one oral presentation and three poster presentations. The oral presentation will highlight TNX-102 SL's efficacy in treating fibromyalgia, demonstrating significant improvement in nociplastic pain and six key secondary endpoints. Poster presentations will cover:

1. TNX-102 SL's potential for acute stress disorder treatment
2. An automated high-throughput assay for wound healing therapeutics
3. The AURORA Platform Trial Network for testing interventions to reduce acute stress reaction symptoms

Tonix recently secured a $34 million contract from the U.S. Department of Defense to develop TNX-4200, a broad-spectrum antiviral agent. The company is preparing to submit a New Drug Application for TNX-102 SL for fibromyalgia management in the second half of 2024.

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Tonix Pharmaceuticals (Nasdaq: TNXP) has initiated a Phase 2 clinical trial for TNX-1300, a potential treatment for acute cocaine intoxication. The study, named CATALYST, is a single-blind, placebo-controlled trial conducted in emergency departments across six U.S. academic medical centers. TNX-1300 is a recombinant enzyme designed to rapidly degrade cocaine in users. The trial will enroll approximately 60 subjects, comparing a 200 mg dose of TNX-1300 to placebo plus standard care.

Key points:

  • TNX-1300 has received Breakthrough Therapy designation from the FDA
  • The primary endpoint is reduction in systolic blood pressure after 60 minutes
  • Topline results are expected in the first half of 2025
  • In 2022, over 27,569 U.S. deaths involved cocaine overdose
  • Currently, there is no FDA-approved treatment for cocaine intoxication
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Tonix Pharmaceuticals (TNXP) reported Q2 2024 financial results and operational highlights. Key points include:

  • On track to submit NDA for TNX-102 SL for fibromyalgia in H2 2024
  • FDA granted Fast Track designation for TNX-102 SL
  • Awarded $34 million DoD contract for broad-spectrum antiviral drug development
  • Q2 2024 net product revenue: $2.2 million
  • Cash and equivalents: $4.2 million as of June 30, 2024
  • Net loss: $78.8 million ($19.28 per share)

The company is advancing its pipeline, including TNX-102 SL for fibromyalgia, TNX-1300 for cocaine intoxication, and TNX-1500 for organ transplant rejection. Tonix is also developing broad-spectrum antivirals and vaccines for mpox and COVID-19.

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Tonix Pharmaceuticals (NASDAQ: TNXP) is advancing development of TNX-801, a single-dose live attenuated virus vaccine candidate for mpox and smallpox. This comes as the WHO declares the mpox outbreak in Africa a global health emergency. Key points:

1. TNX-801 demonstrated efficacy in protecting animals from lethal challenge with monkeypox virus.
2. The vaccine is designed to provide long-term protection with one dose.
3. Clade II mpox is now endemic in the U.S. with >30,000 cases since May 2022.
4. Tonix's vaccine platform has been selected by NIH's Project NextGen for clinical testing.
5. TNX-801 showed potential to prevent clinical disease, lesions, and decrease viral shedding in non-human primates.

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Tonix Pharmaceuticals (Nasdaq: TNXP) announced that CEO Seth Lederman will present at the Summer 2024 Virtual Investor Summit on August 20, 2024, at 11:00 a.m. ET. The presentation will be available via webcast on the company's website. Tonix is a fully-integrated biopharmaceutical company with marketed products and a development pipeline focused on central nervous system (CNS) disorders.

Key highlights include:

  • Plans to submit a New Drug Application (NDA) for TNX-102 SL for fibromyalgia management in the second half of 2024
  • FDA Fast Track designation for TNX-102 SL
  • Development of TNX-1300 for cocaine intoxication with Breakthrough Therapy designation
  • Immunology portfolio including TNX-1500 for organ transplant rejection and autoimmune diseases
  • Commercial products: Zembrace SymTouch and Tosymra for acute migraine treatment
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Tonix Pharmaceuticals (TNXP) presented data on TNX-102 SL, a sublingual cyclobenzaprine HCl treatment for fibromyalgia, at the IASP 2024 World Congress on Pain. The Phase 3 RESILIENT study showed statistically significant improvement in the primary endpoint of fibromyalgia nociplastic pain and all six key secondary endpoints, including sleep quality. Post hoc analyses revealed strong correlations between improvements in pain and sleep quality.

TNX-102 SL, designed as a bedtime treatment to target non-restorative sleep, has received Fast Track designation from the FDA for fibromyalgia management. Tonix plans to submit an NDA in the second half of 2024. The treatment was well-tolerated with no new safety signals observed, potentially becoming the first new fibromyalgia treatment option in 15 years.

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Tonix Pharmaceuticals (TNXP) has published a research paper in Microorganisms highlighting their proprietary high-throughput, high-content imaging technology for screening convalescent sera. This technology can be used to generate neutralizing, fully-human monoclonal antibodies against SARS-CoV-2 variants and potentially other pathogens.

The company's CEO, Seth Lederman, emphasized Tonix's capabilities in developing antibodies to counter COVID-19 and its variants. Tonix is also developing TNX-801, a live-virus vaccine for mpox and smallpox, and TNX-1800, a potential COVID-19 vaccine selected for NIH's Project NextGen. Additionally, Tonix is working on TNX-4200, an oral CD45 antagonist with broad-spectrum antiviral efficacy, supported by a $34 million DoD/DTRA contract.

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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 $11.87 as of September 12, 2026.

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

The market cap of Tonix Pharmaceuticals Holding (TNXP) is approximately 203.6M.