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Tonix Pharmaceuticals to Present at the Alliance Global Partners (A.G.P) Healthcare Company Showcase

Key Takeaway: Tonix Pharmaceuticals will participate in a virtual fireside chat at the A.G.P. Healthcare Company Showcase on May 21, 2024. CEO Seth Lederman is expected to discuss the company's development pipeline as well as their marketed products. Notably, Tonix aims to submit a New Drug Application for its candidate Tonmya in the latter half of 2024. The company focuses on central nervous system disorders and has several investigational products, including those addressing autoimmune conditions.

Market Sentiment Analysis

POSITIVE FACTORS

  • Tonix Pharmaceuticals is actively participating in investor showcases, enhancing visibility.
  • The company is progressing towards a New Drug Application for Tonmya, suggesting positive clinical outcomes.
  • Tonix is developing innovative solutions for CNS disorders, which could address significant medical needs.

CONCERNS & RISKS

  • There are inherent risks associated with obtaining FDA approvals and regulatory compliance.
  • The need for additional financing may impact the company's ability to advance its projects.
  • Competition in the biopharmaceutical space poses challenges for market success.

Full Press Release Details

CHATHAM, N.J., May 15, 2024 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a fully-integrated biopharmaceutical company with marketed products and a pipeline of development candidates, announced today that Seth Lederman, M.D., Chief Executive Officer, will participate virtually in a fireside chat at A.G.P.’s Healthcare Company Showcase on Tuesday, May 21, 2024, at 9:00 a.m. ET.
A live webcast of the presentation can be found here.   A replay of the presentation will also be available under the IR Events tab of the Tonix website at www.tonixpharma.com following the event.
Tonix Pharmaceuticals Holding Corp.*
Tonix is a fully-integrated biopharmaceutical company focused on developing, licensing and commercializing therapeutics to treat and prevent human disease and alleviate suffering. Tonix’s development portfolio is focused on central nervous system (CNS) disorders. Tonix’s priority is to submit a New Drug Application (NDA) to the FDA in the second half of 2024 for Tonmya1, a product candidate for which two statistically significant Phase 3 studies have been completed for the management of fibromyalgia. TNX-102 SL is also being developed to treat acute stress reaction as well as fibromyalgia-type Long COVID. Tonix’s CNS portfolio includes TNX-1300 (cocaine esterase), a biologic designed to treat cocaine intoxication that has Breakthrough Therapy designation. Tonix’s immunology development portfolio consists of biologics to address organ transplant rejection, autoimmunity and cancer, including TNX-1500, which is a humanized monoclonal antibody targeting CD40-ligand (CD40L or CD154) being developed for the prevention of allograft rejection and for the treatment of autoimmune diseases. Tonix also has product candidates in development in the areas of rare disease and infectious disease. Tonix Medicines, our commercial subsidiary, markets Zembrace® SymTouch® (sumatriptan injection) 3 mg and Tosymra® (sumatriptan nasal spray) 10 mg for the treatment of acute migraine with or without aura in adults.
*Tonix’s product development candidates are investigational new drugs or biologics and have not been approved for any indication.
1Tonmya™ is conditionally accepted by the U.S. Food and Drug Administration (FDA) as the tradename for TNX-102 SL for the management of fibromyalgia. Tonmya has not been approved for any indication.
Zembrace SymTouch and Tosymra are registered trademarks of Tonix Medicines. All other marks are property of their respective owners.
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 the failure to obtain FDA clearances or approvals and noncompliance with FDA regulations; risks related to the failure to successfully market any of our products; 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, 2023, as filed with the Securities and Exchange Commission (the “SEC”) on April 1, 2024, 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 thereof.
Tonix Pharmaceuticals

Frequently Asked Questions

When will Tonix Pharmaceuticals' CEO participate in a fireside chat?

Seth Lederman, M.D., will participate on May 21, 2024, at 9:00 a.m. ET.

What is Tonmya, and what condition does it target?

Tonmya is a product candidate for managing fibromyalgia, with a NDA submission expected.

What types of disorders does Tonix focus on?

Tonix primarily focuses on central nervous system disorders and immunology.

What products does Tonix currently market?

Tonix markets Zembrace® SymTouch® and Tosymra® for acute migraine treatment.

Where can I find a replay of the fireside chat?

A replay will be available under the IR Events tab on the Tonix website.

Last updated: May 15, 2024