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Tonix Pharmaceuticals Announces Results of Pre-IND Meeting with FDA on TNX-601 CR for the Treatment of Major Depressive Disorder Company Expects to Initiate a Phase 2 Clinical Trial in the Fourth Quarter of 2021, Pending

Key Takeaway: Tonix Pharmaceuticals Holding Corp. 8-K Tonix Pharmaceuticals Announces Results of Pre-IND Meeting with FDA on TNX-601 CR for the Treatment of Major Depressive Disorder Company Expects to Initiate a Phase in the Fourth Quarter of 2021, Pending Results of Toxicology Studies

Full Press Release Details

Tonix Pharmaceuticals Holding Corp. 8-K
Tonix Pharmaceuticals Announces Results
of Pre-IND Meeting with FDA on TNX-601 CR for the Treatment of Major Depressive Disorder
Company Expects to Initiate a Phase
in the Fourth Quarter of 2021, Pending
Results of Toxicology Studies
CHATHAM, N.J., March 22, 2021 (GLOBE NEWSWIRE)
- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company,
today announced that it has received the official minutes from a Type B pre-investigational new drug (IND) meeting with the U.S.
Food and Drug Administration (FDA) on its development plan for TNX-601 CR (tianeptine oxalate and naloxone controlled-release)
tablet for the treatment of major depressive disorder (MDD). Tonix's TNX-601 CR is a novel oral formulation which is being
developed as a potential treatment for MDD, posttraumatic stress disorder, and neurocognitive dysfunction associated with corticosteroid
use. Tianeptine sodium (amorphous) immediate release (IR) has been available in Europe and many countries in Asia and Latin America
for the treatment of depression for more than three decades, first marketed in France in 1989.
Based on the official minutes, Tonix expects
to submit the IND to conduct a human abuse potential study and meet with FDA's controlled substances staff (CSS) to reach
agreement on the details of the abuse potential study. Pending the results of the human abuse potential study and the results
of ongoing nonclinical toxicology studies, Tonix expects to be in a position to initiate a Phase 2 study for the treatment of
MDD in the fourth quarter of 2021.
"We are pleased with the results of the FDA meeting on developing
TNX-601 CR for the treatment of MDD and we look forward to advancing its clinical development," said Seth Lederman, M.D.,
President and Chief Executive Officer of Tonix Pharmaceuticals. "Tianeptine products have been approved in Europe and other
countries around the world and marketed as prescriptions drugs for treating depression for more than 3 decades. We believe that
with respect to tianeptine, TNX-601 CR would meet the bioequivalence standard for daily dosing of these immediate release (IR)
products. No tianeptine-containing product has been approved by the FDA. TNX-601 CR's proposed mechanism of action is distinct
from any approved antidepressant in the U.S."
"TNX-601 CR is designed for once daily
dosing, which is believed to provide an adherence advantage relative to the three times per day dosing of the immediate-release
sodium salt products available in Europe and other jurisdictions around the world," said Gregory Sullivan, M.D., Chief Medical
Officer of Tonix Pharmaceuticals. "The efficacy of tianeptine sodium IR is comparable to both selective serotonin inhibitor
(SSRI) and tricyclic antidepressants1,2 while being associated with a lower incidence of sexual dysfunction than either
class3. And unlike SSRIs, tianeptine is not associated with adverse effects on libido4. Given tianetptine's
unique metabolic pathway, we believe that TNX-601 CR has a reduced risk of drug-drug interactions compared to SSRIs5.
Tianeptine's antidepressant activity is believed to relate to indirect modulation of the glutamatergic system. While it
does not have measurable interactions with the NMDA, AMPA or kainate receptors, tianeptine is known to modulate AMPA receptor
trafficking and to promote synaptic plasticity in the hippocampus under conditions of stress or corticosteroid use."
Dr. Sullivan continued, "We are excited to bring to the clinic
the discoveries and observations of the late Professor Bruce McEwen (1938-2020) of Rockefeller University in New York City who
noted that tianeptine's ability in animal models, to restore normal neuroplasticity and to reverse stress-induced
impairments in synaptic glutamate transmission is crucial in virtually all key functions perturbed in depressed states'"6.
Tonix has added naloxone to the TNX-601 CR tablet as a deterrent
to parenteral abuse, because tianeptine is a weak mu-opioid receptor agonist and has been linked to illicit misuse at much higher
doses than those reported to be effective in the treatment of MDD7. In patients who were prescribed tianeptine for
depression, the French Transparency Committee found an incidence of abuse of approximately 1 case per 1,000 patients treated8.
Clinical trials have shown that cessation of a therapeutic course of tianeptine did not result in dependence or withdrawal symptoms
following 6-weeks2,3,9-11, 3-months12, or 12-months13 of treatment.
1Jeon, H. J., et al. .J. Clin. Psychopharmacol. 2014, 34 (2), 218-225.
2Emsley, R., et al. J. Clin. Psychiatry 2018, 79 (4)
3Bonierbale M, et al. Curr Med Res Opin 2003, 19(2):114-124.
4Costa e Silva, J. A., et al. Neuropsychobiology 1997, 35 (1), 24-29.
5Wagstaff, A. J. et al. CNS Drugs 2001, 15 (3), 231-259.
6McEwen, B. S., et al. Mol. Psychiatry 2010, 15 (3), 237-249.
7Lauhan, R., et al. Psychosomatics 2018, 59 (6), 547-553.
8Haute Authorite de Sante; Transparency Committee Opinion. Stablon 12.5 Mg, Coated
Tablet, Re-Assessment of Actual Benefit at the Request of the Transparency Committee. December 5, 2012.
9Guelfi, J. D., et al. Neuropsychobiology 1989, 22 (1), 41-48.
10Invernizzi, G. et al., Neuropsychobiology 1994, 30 (2-3), 85-93.
11Lepine, J. P., et al. Hum. Psychopharmacol. 2001, 16 (3), 219-227.
12Guelfi, J. D. et al., Neuropsychobiology 1992, 25 (3), 140-148.
13L o, H. et al., Br. J. Psychiatry. Suppl. 1992, No. 15, 61-65.
According to the National Institute of Mental
Health, depression affects approximately 17 million adults in the U.S.1 have had at least one major depressive episode,
with approximately 2.5 million adults treated with adjunctive therapy.2,3 Depression is a condition characterized by
symptoms such as a depressed mood or loss of interest or pleasure in daily activities most of the time for two weeks or more,
accompanied by appetite changes, sleep disturbances, motor restlessness or retardation, loss of energy, feelings of worthlessness
or excessive guilt, poor concentration, and suicidal thoughts and behaviors. These symptoms cause clinically significant distress
or impairment in social, occupational, or other important areas of functioning. The majority of people who suffer from depression
do not respond adequately to initial antidepressant therapy.4
1National Institute of Mental Health. (2017). Major
2IMS NSP, NPA, NDTI MAT-24-month data through Aug
3PLOS One, Characterization of Treatment Resistant
Depression Episodes in a Cohort of Patients from a US Commercial Claims Database, Oct 2013, Vol 8, Issue 10.
4Rush AJ, et al. (2007) Am J. Psychiatry 163:11,
pp. 1905-1917 (STAR*D Study).
TNX-601 CR is a novel oral formulation of
tianeptine oxalate designed for once-daily daytime dosing that is in the pre-IND (Investigational New Drug) stage of development
for the treatment of MDD. Tianeptine sodium (amorphous) immediate release was first marketed for depression in France in 1989
and has been available for decades in Europe, Russia, Asia, and Latin America for the treatment of depression. Tianeptine sodium
has an established safety profile from decades of use in these jurisdictions. Currently there is no tianeptine-containing product
approved in the U.S. and no controlled release tianeptine product approved in any jurisdiction. Tonix discovered a novel oxalate
salt of tianeptine that may provide improved stability, consistency, and manufacturability compared to known forms of tianeptine.
Tianeptine is believed to work in depression as a modulator of the glutamatergic system. Tianeptine modulates the glutamatergic
system indirectly since it does not interact with NMDA, AMPA or kainate receptors. In animals, tianeptine has been shown to reverse
the adverse neuroplastic changes that are observed during periods of stress and elevated corticosteroid exposure. Tianeptine and
its MC5 metabolite are weak mu-opioid receptor (MOR) agonists. Tonix has added naloxone to the TNX-601 CR tablet as a deterrent
to parenteral abuse as tianeptine has been linked to illicit misuse at much higher doses than the reported therapeutic dose in
the treatment of MDD. Neither tianeptine nor MC5 have been shown to bind other neurotransmitter receptors. Tianeptine's
reported pro-cognitive and anxiolytic effects as well as its ability to attenuate the neuropathological effects of excessive stress
responses suggest that it may be used to treat post-traumatic stress disorder by a different mechanism of action than TNX-102
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 CNS portfolio includes both small molecules and biologics to treat pain, neurologic, psychiatric and addiction
conditions. Tonix's lead CNS candidate, TNX-102 SL1, is in mid-Phase 3 development for the management of fibromyalgia,
and positive data on the RELIEF Phase 3 trial were recently reported. The Company expects interim data from a second Phase 3 study,
RALLY, in the third quarter of 20212 and topline data in the fourth quarter of 2021. The immunology portfolio includes
vaccines to prevent infectious diseases and biologics to address immunosuppression, cancer, and autoimmune diseases. Tonix's
lead vaccine candidate, TNX-18003, is a live replicating vaccine based on the horsepox viral vector platform to protect
Last updated: Mar 22, 2021