Tonix Pharmaceut Stock Price, News & Analysis

Tonix Pharmaceuticals (NASDAQ:TNXP) will participate in the 2020 Fall Investor Summit from November 16-18. This virtual event will feature 75 companies and over 300 investors, creating a platform for networking and investment opportunities.

Tonix is focused on developing treatments for human diseases, particularly in the central nervous system and immunology fields. Their lead vaccine candidate, TNX-1800, aims to protect against COVID-19, with data expected in 4Q'20. Additionally, their CNS candidate, TNX-102 SL, is in Phase 3 trials for fibromyalgia, with results anticipated later this year.

Tonix Pharmaceuticals (Nasdaq: TNXP) has announced that its CEO, Seth Lederman, is set to present at three virtual investor conferences this November. The details of the events are as follows:

• Virtual Fall Investor Summit: November 16, 2020, at 1:30 p.m. ET
• Sidoti Virtual Microcap Conference: November 19, 2020, at 8:30 a.m. ET
• A.G.P Virtual Healthcare Symposium: November 19, 2020, featuring a panel on COVID-19 vaccines.

Webcasts will be available on the company's website post-event.

Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) announced that CEO Seth Lederman will speak at the 3rd Annual Neuropsychiatric Drug Development Summit, virtually held from November 10-12, 2020. Dr. Lederman's presentation is set for November 12 at 11:55 a.m. ET, focusing on developing a PTSD therapeutic in Phase 3 clinical development. An archived replay of the presentation will be available on the company's website after the event. The summit aims to address challenges in developing neuropsychiatric drugs, spotlighting innovations in clinical trial design and treatment options.

Tonix Pharmaceuticals (Nasdaq: TNXP) reported Q3 2020 financial results, highlighting a net loss of $12 million, or $0.09 per share, up from a $7.8 million loss in Q3 2019. The company has $55.7 million in cash and equivalents, a significant increase from $11.2 million at the end of 2019. Key developments include advancing its COVID-19 vaccine candidate TNX-1800, with data from animal studies expected by year-end 2020, and a Phase 1 human study anticipated in 2021. Tonix is also progressing with other potential therapies and expansion in Massachusetts.

Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) has initiated the PRECISION study to analyze immune responses to COVID-19. This observational study focuses on individuals who have recovered from COVID-19 or were asymptomatic, aiming to develop human monoclonal antibody therapeutics and identify biomarkers for protective immunity. The results are anticipated in the first half of 2021. Tonix's lead vaccine candidate, TNX-1800, aims to generate durable T cell immunity and may enhance participant selection for clinical trials. Data from this study is expected to inform future COVID-19 vaccine development.

Tonix Pharmaceuticals (Nasdaq: TNXP) announced that President and CEO Seth Lederman will present at the 2020 BIO Investor Forum Digital from October 13-15, 2020. The presentation will be available on demand for registered participants. Tonix focuses on developing therapeutics for CNS and immunology, including the COVID-19 vaccine candidate TNX-1800 and TNX-102 SL for fibromyalgia. Expected data from animal studies and Phase 3 trials are anticipated in Q4 2020 and the second half of 2021, respectively. More details can be found at tonixpharma.com.

Tonix Pharmaceuticals (Nasdaq: TNXP) announced a live webinar on September 24, 2020, at 10:00 a.m. ET, focusing on antibody versus T cell immune responses and vaccine development challenges. The event features experts from IAVI, Merck, and Tonix, moderated by Clive Cookson of the Financial Times. Participants include Swati Gupta (IAVI), Seth Lederman (CEO, Tonix), and Gokul Swaminathan (Merck). An archived recording will be available on Tonix's investor website. Tonix's lead vaccine candidate is TNX-1800, targeting COVID-19.

Tonix Pharmaceuticals (NASDAQ: TNXP) announced the enrollment of its first patient in the COV-LOGIC study (TNX-C001), aimed at understanding immune responses to SARS-CoV-2 in recovered or asymptomatic individuals. This research will aid in developing the TNX-1800 vaccine, designed to elicit T cell responses. The study will analyze antibody titers and T-cell responses through blood and swab samples, contributing to the broader collaboration with Southern Research. Tonix aims for a well-tolerated, effective vaccine with strong immunity against COVID-19.

Tonix Pharmaceuticals (Nasdaq: TNXP) announced its second-quarter financial results as of June 30, 2020, highlighting progress in developing its COVID-19 vaccine candidate, TNX-1800. The company expects preclinical data for TNX-1800 in Q4 2020 and has completed the enrollment for the Phase 3 RELIEF trial of TNX-102 SL for fibromyalgia ahead of schedule. Financially, Tonix reported a net loss of $14.2 million ($0.23 per share) compared to $5.8 million ($9.42 per share) in Q2 2019. The company holds $55 million in cash and raised approximately $9.6 million through a recent stock offering.