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Tonix Pharmaceuticals Announces Research Collaboration to Develop Precision Medicine Techniques for COVID-19 Vaccines and Therapeutics Dissecting the Immune Response to SARS-CoV-2 in Healthy Recovered or Asymptomatic Vol

Key Takeaway: Tonix Pharmaceuticals Holding Corp. 8-K Tonix Pharmaceuticals Announces Research Collaboration to Develop Precision Medicine Techniques for COVID-19 Vaccines and Therapeutics Dissecting the Immune Response to SARS-CoV-2 in Healthy Recovered or Asymptomatic Volunteers May Lea

Full Press Release Details

Tonix Pharmaceuticals Holding Corp. 8-K
Tonix Pharmaceuticals Announces Research
Collaboration to Develop Precision Medicine Techniques for COVID-19 Vaccines and Therapeutics
Dissecting the Immune Response to SARS-CoV-2
in Healthy Recovered or Asymptomatic Volunteers
May Lead to Biomarkers for Tailoring COVID-19 Vaccines and Therapeutics
Potential for Human Monoclonal Antibody COVID-19
Therapeutics to be Developed as a Result of the Collaboration
NEW YORK, July 16, 2020 - Tonix Pharmaceuticals Holding Corp. (Nasdaq:
TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced it has entered into a research collaboration
and option agreement with Columbia University focused on studying the immune responses to COVID-19 in healthy volunteers who have
recovered from COVID-19 or were asymptomatic. The research collaboration will focus on T cell and antibody responses to SARS-CoV-2
(CoV-2), the virus that causes COVID-19 at the cellular level including human monoclonal antibodies and anti-idiotypes. The research
is designed to fill in important gaps in understanding the detailed immune responses to COVID-19, and to provide a foundation upon
which to target vaccines and therapeutics to appropriate individuals by precision medicine.
The two principal investigators for the collaboration are Ilya Trakht,
Ph.D., Associate Research Scientist and Sergei Rudchenko, Ph.D., Assistant Professor of Medical Sciences at Columbia University
Vagelos College of Physicians and Surgeons. Dr. Trakht's project will study T cell and antibody responses in a variety of
ways, including at the cellular level by stimulating T cells in vitro with CoV-2 antigens and by generating fully human
monoclonal antibodies against CoV-2. The project, directed by Dr. Trakht, has the potential to lead to the isolation and characterization
of therapeutically relevant fully human monoclonal antibodies to CoV-2. Dr. Rudchenko's project will generate DNA aptamer-based
anti-idiotypes to certain of the monoclonal antibodies identified by Dr. Trakht. Such aptamers have the potential to identify biomarkers
for protective CoV-2 immunity and to lead to accelerated precision medicine-driven vaccines designed to protect against COVID-19.
Seth Lederman, M.D., President and Chief Executive Officer of Tonix
Pharmaceuticals, said, "We expect that more than one COVID-19 vaccine will ultimately be approved by the Food and Drug Administration
(FDA), and a challenge for future research will be to determine which vaccine is appropriate for each individual. Data from this
collaboration will provide a roadmap and tools to potentially guide these recommendations. This work may also guide the selection
of appropriate individuals for COVID-19 vaccine trials, such as for Tonix's TNX-1800, based on a live replicating vector
platform, which is designed to confer durable T cell immunity. It is also possible that new COVID-19 vaccines can designed which
will be tailored to individuals by precision medicine. We are excited to work with our collaborators at Columbia University on
these precision medicine technologies and also to potentially develop new monoclonal antibody therapeutics."
Dr. Trakht said, "T cell responses to SARS-CoV-2 have only
recently been reported, so there is much that we hope to learn and to contribute to the understanding of the systemic immune response
to COVID-19. We are excited to exploit our fully human monoclonal antibody system to characterize the antibody response to SARS-CoV-2
infection and the potential for developing antibody-based immunotherapeutics.
Dr. Rudchenko said, "The anti-idiotype aptamer tools that
we plan to develop will characterize the immune responses in healthy people who have recovered or were asymptomatic from SARS-CoV-2
infection, which are relevant for developing therapeutics and vaccines. A goal for future research will be to use these tools to
distinguish SARS-CoV-2-specific immunity in COVID-19 patients who suffered poor outcomes. My colleague, Dr. Trakht's system
to make human monoclonal antibodies is particularly well suited to evaluate individuals' antibody responses at a high level
of detail in the context of accelerating precision medicine approaches to vaccines and therapeutics."
About Tonix Pharmaceuticals Holding Corp.
Tonix is a clinical-stage biopharmaceutical
company focused on discovering, licensing, acquiring and developing small molecules and biologics to treat and prevent human disease
and alleviate suffering. Tonix's portfolio is primarily composed of central nervous system (CNS) and immunology product candidates.
The immunology portfolio includes vaccines to prevent infectious diseases and biologics to address immunosuppression, cancer and
autoimmune diseases. The CNS portfolio includes both small molecules and biologics to treat pain, neurologic, psychiatric and addiction
conditions. Tonix's lead vaccine candidate, TNX-1800*, is a live replicating vaccine based on the horsepox viral vector platform
to protect against COVID-19, primarily by eliciting a T cell response. Tonix expects data from animal studies of TNX-1800 in the
fourth quarter of this year. TNX-801*, live horsepox virus vaccine for percutaneous administration, is in development to protect
against smallpox and monkeypox and serves as the vector platform on which TNX-1800 is based. Tonix is also developing TNX-2300*,
a second live replicating vaccine candidate for the prevention of COVID-19, but using bovine parainfluenza as the vector. Tonix's
lead CNS candidate, TNX-102 SL**, is in Phase 3 development for the management of fibromyalgia. The Company expects results from
an unblinded interim analysis in September 2020 and topline data in the fourth quarter of 2020. TNX-102 SL is also in development
for agitation in Alzheimer's disease and alcohol use disorder (AUD). The agitation in Alzheimer's disease program is
Phase 2 ready with FDA Fast Track designation, and the development program for AUD is in the pre-Investigational New Drug (IND)
application stage. Tonix s programs for treating addiction conditions also include TNX-1300* (T172R/G173Q double-mutant cocaine
esterase 200 mg, i.v. solution), which is in Phase 2 development for the treatment of life-threatening cocaine intoxication and
has FDA Breakthrough Therapy designation. TNX-601 CR** (tianeptine oxalate controlled-release tablets) is another CNS program,
currently in Phase 1 development as a daytime treatment for depression while TNX-1900**, intranasal oxytocin, is in development
as a non-addictive treatment for migraine and cranio-facial pain. Tonix's preclinical pipeline includes TNX-1600** (triple
reuptake inhibitor) , a new molecular entity being developed as a treatment for PTSD; TNX-1500* (anti-CD154), a monoclonal antibody
being developed to prevent and treat organ transplant rejection and autoimmune conditions; and TNX-1700* (rTFF2), a biologic being
developed to treat gastric and pancreatic cancers.
*TNX-1800, TNX-801, TNX-2300, TNX-1300, TNX-1500 and TNX-1700 are
investigational new biologics and have not been approved for any indication.
**TNX-102 SL, TNX-601 CR, TNX-1600 and TNX-1900 are investigational
new drugs and have not been approved for any indication.
This press release and further information
about Tonix can be found at www.tonixpharma.com.
Forward Looking Statements
Certain statements in this press release are forward-looking within
the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking
words such as "anticipate," "believe," "forecast," "estimate," "expect,"
and "intend," among others. These forward-looking statements are based on Tonix's current expectations and actual results
could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated
by such forward-looking statements. These factors include, but are not limited to, risks related to failure to obtain FDA clearances
or approvals and noncompliance with FDA regulations; delays and uncertainties caused by the global COVID-19 pandemic; risks related
to the timing and progress of clinical development of our product candidates; our need for additional financing; uncertainties
of patent protection and litigation; uncertainties of government or third party payor reimbursement; limited research and development
efforts and dependence upon third parties; and substantial competition. As with any pharmaceutical under development, there are
significant risks in the development, regulatory approval and commercialization of new products. Tonix does not undertake an obligation
to update or revise any forward-looking statement. Investors should read the risk factors set forth in the Annual Report on Form
10-K for the year ended December 31, 2019, as filed with the Securities and Exchange Commission (the "SEC") on March
24, 2020, and periodic reports filed with the SEC on or after the date thereof. All of Tonix's forward-looking statements are expressly
qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date
Jessica Morris (corporate)
Tonix Pharmaceuticals
Travis Kruse (media)
Peter Vozzo (investors)
Last updated: Jul 16, 2020