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Tonix Pharmaceuticals to Present at the Winter 2024 Investor Summit Virtual

Key Takeaway: Tonix Pharmaceuticals Holding Corp. announced that Chief Operating Officer Jessica Morris will present at the Winter 2024 Investor Summit Virtual on November 21, 2024. The company is focused on developing therapies for pain management and CNS disorders, including TNX-102 SL for fibromyalgia, which has received FDA Fast Track designation. Tonix is also advancing other projects, including antiviral agents and treatments for various medical conditions. The company has recently signed a contract with the U.S. DoD to develop antiviral therapies.
Price reaction · baseline $13.11 (2024-11-15 close) · clean, no other TNXP news in the window
day 0 close
+1.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Tonix Pharmaceuticals has a pipeline of development candidates for significant medical conditions.
  • The company has received FDA Fast Track designation for TNX-102 SL for the management of fibromyalgia.
  • Tonix's recent contract with the U.S. DoD highlights its capabilities in antiviral drug development.

CONCERNS & RISKS

  • There are substantial risks in the development and commercialization of new products.
  • The company may face challenges in obtaining necessary FDA approvals.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+14%
120-day peak, hindsight
Typical move
9.7%
average across 12 past catalysts
Cash runway
~12 mo
Low dilution risk
Lead asset
TNX-102 SL
Phase 3 · Fibromyalgia

Full Press Release Details

CHATHAM, N.J., Nov. 18, 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 Jessica Morris, Chief Operating Officer of Tonix Pharmaceuticals, will present at the Winter 2024 Investor Summit Virtual on Thursday, November 21, 2024, at 10:00 a.m. ET.
Investors interested in arranging a meeting with the Company’s management virtually during the conference should contact the Investor Summit conference coordinator. A live webcast of the presentation can be found here or under the IR Events tab of the Tonix website at www.tonixpharma.com.
Tonix Pharmaceuticals Holding Corp.*
Tonix is a fully-integrated biopharmaceutical company focused on transforming therapies for pain management and vaccines for public health challenges. Tonix’s development portfolio is focused on central nervous system (CNS) disorders. Tonix’s priority is to advance TNX-102 SL, a product candidate for the management of fibromyalgia, for which an NDA was submitted based on two statistically significant Phase 3 studies for the management of fibromyalgia. The FDA has granted Fast Track designation to TNX-102 SL for the management of fibromyalgia. We expect an FDA decision on the acceptance of the NDA for review and a PDUFA date in December and if accepted, a decision on NDA approval in 2025. TNX-102 SL is also being developed to treat acute stress reaction and acute stress disorder under a Physician-Initiated IND at the University of North Carolina in the OASIS study funded by the U.S. Department of Defense (DoD). Tonix’s CNS portfolio includes TNX-1300 (cocaine esterase), a biologic in Phase 2 development designed to treat cocaine intoxication that has FDA Breakthrough Therapy designation and its development is supported by a grant from the U.S. National Institute of Drug Abuse and Addiction. Tonix’s immunology development portfolio consists of biologics to address organ transplant rejection, autoimmunity and cancer, including TNX-1500, which is an Fc-modified 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, including TNX-2900 for Prader-Willi syndrome, and infectious disease, including a vaccine for mpox, TNX-801. Tonix recently announced a contract with the U.S. DoD’s Defense Threat Reduction Agency (DTRA) for up to $34 million over five years to develop TNX-4200, small molecule broad-spectrum antiviral agents targeting CD45 for the prevention or treatment of infections to improve the medical readiness of military personnel in biological threat environments. Tonix owns and operates a state-of-the art infectious disease research facility in Frederick, MD. 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; their efficacy and safety have not been established and have 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 present at the Investor Summit?

Tonix Pharmaceuticals will present on November 21, 2024, at 10:00 a.m. ET.

What is TNX-102 SL developed for?

TNX-102 SL is developed for managing fibromyalgia and stress disorders.

What FDA designation does TNX-1300 have?

TNX-1300 has been granted FDA Breakthrough Therapy designation.

What are the trademarks owned by Tonix Medicines?

Tonix Medicines owns Zembrace® SymTouch® and Tosymra® trademarks.

What is TNX-4200's purpose?

TNX-4200 aims to prevent or treat infections in military personnel.

Last updated: Nov 18, 2024