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Tonix Pharmaceuticals Holding (TNXP) Stock News, May-Jun 2020

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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 (Nasdaq: TNXP) announced that preclinical results of TNX-1700 will be presented at the AACR Virtual Annual Meeting II from June 22-24, 2020. The poster titled ‘Stabilized recombinant trefoil factor 2 (TFF2-CTP) enhances anti-tumor activity of PD-1 blockade in mouse models of colorectal cancer’ will showcase the enhancement of PD-1 blockade efficacy in colorectal cancer. The company focuses on developing drugs in CNS and immunology with ongoing programs like TNX-102 SL for fibromyalgia and TNX-1800 for COVID-19 protection, expecting data in Q4 2020.

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Tonix Pharmaceuticals (Nasdaq: TNXP) announced the acquisition of migraine and pain treatment technologies from Trigemina, Inc., along with a license from Stanford University. The main asset, TNX-1900, is an intranasal oxytocin solution with promising preclinical results in migraine prevention and pain management. Tonix aims to position TNX-1900 as a non-addictive alternative to opioids. With oxytocin linked to reduced headache frequency, the targeted delivery method may enhance efficacy and safety, making it a notable asset in their portfolio.

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Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) announced participation in two virtual investor conferences in June 2020. The first event, 2020 BIO Digital, will be held from June 8-12, with presentations available on demand. The second event is the Virtual Summer Summit on June 10, where Tonix's presentation is scheduled for 2:45 p.m. ET. The company focuses on developing drugs for pain, psychiatric conditions, and infectious diseases, including a COVID-19 vaccine candidate, TNX-1800. Tonix’s advanced treatments target fibromyalgia and PTSD, with important trial results expected soon.

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Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) has partnered with FUJIFILM Diosynth Biotechnologies to enhance the manufacturing of its COVID-19 vaccine candidate, TNX-1800. This collaboration aims to utilize FDB's advanced manufacturing capabilities to support clinical trials. CEO Seth Lederman emphasized the potential scalability of their live replicating orthopoxvirus vaccine. The agreement will see FDB develop a manufacturing process and supply TNX-1800 for clinical development at its Texas site, aiming to meet pandemic demands efficiently.

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Tonix Pharmaceuticals (Nasdaq: TNXP) announced the presentation of two pharmacokinetic studies at the ASCP 2020 Annual Meeting held online on May 29-30. One study focused on TNX-102 SL, a potential treatment for fibromyalgia and PTSD, showing dose-proportional absorption without food effects. The other study evaluated TNX-601 CR, a once-daily formulation for major depressive disorder and PTSD, demonstrating suitability for once-daily dosing and good tolerability. The company continues to advance its drug candidates, with key trial results expected soon.

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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 $10.87 as of September 18, 2026.

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

The market cap of Tonix Pharmaceuticals Holding (TNXP) is approximately 186.4M.