CHATHAM, N.J., April 01, 2025 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP), a biopharmaceutical company with a portfolio of marketed products and a pipeline of development candidates, today announced the launch of TONIX ONE™, a fully-integrated digital platform designed to help patients better understand and manage their migraine condition. Through a series of strategic partnerships with UpScript Telemedicine, ProModRx, Blink Health and a leading mobile application specializing in ...

CHATHAM, N.J., April 01, 2025 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP), a biopharmaceutical company with a portfolio of marketed products and a pipeline of development candidates, today announced the launch of TONIX ONE™, a fully-integrated digital platform designed to help patients better understand and manage their migraine condition. Through a series of strategic partnerships with UpScript Telemedicine, ProModRx, Blink Health and a leading mobile application specializing in d ...

CHATHAM, N.J., March 27, 2025 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) (Tonix or the Company), a biopharmaceutical company with marketed products and a pipeline of development candidates, today announced that Seth Lederman, M.D., Chief Executive Officer, will present a poster at the AAPM 2025 Annual Meeting, PainConnect, in Austin, Texas on April 5, 2025, at 11:45 a.m. CT. The meeting will take place from April 3-6, 2025. A copy of the Company's poster will be available under th ...

The biotechnology sector has experienced a jolt of volatility over the past few days, spearheaded by the dramatic price surges in Tonix Pharmaceuticals NASDAQ: TNXP and Lexeo Therapeutics NASDAQ: LXEO. The biotech industry is known for its volatile price swings, often influenced by clinical trial results and regulatory decisions. Tonix and Lexeo recently experienced significant single-day stock gains as part of a series of green days, sparking investor interest and exemplifying this volatility. These surges ...

On track for August 15, 2025 FDA PDUFA goal date TNX-102 SL is a non-opioid analgesic; if approved, TNX-102 SL would become the first new drug for treating fibromyalgia in more than 15 years Commercial planning for TNX-102 SL underway for launch in the fourth quarter of 2025 CHATHAM, N.J., March 24, 2025 (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, t ...

Loan Amount and Payment Terms - The total outstanding amount due under the Loan Documents is $8,650,000, plus additional charges totaling $1,122,151.17, resulting in a Combined Payoff Amount of $9,772,151.17[2] - The payment must be received by 4:00 p.m. (New York City time) on February 3, 2025, to avoid any prepayment penalties[3] - If the Combined Payoff Amount is received after the deadline, a per diem charge of $3,546.50 will be added for each day until full payment is received[4] - Upon receipt of the Combined Payoff Amount, all indebtedness of the Borrowers to the Lenders will be fully paid and discharged[5] Borrowers' Obligations and Lenders' Rights - The Loan Parties confirm that they have no defenses or claims against the Lenders related to the Loan Documents[8] - The Borrowers are required to execute additional documents as reasonably requested by the Lenders to effectuate the terms of the agreement[10] - The agreement includes provisions for the release of security interests and guarantees upon payment[5] - The Lenders will not have any further obligation to provide loans or credit extensions to the Borrowers after the payment is made[6] Agreement Terms - The agreement is governed by the terms set forth in the Loan Agreement, and electronic signatures are considered valid[9] - The agreement constitutes the entire understanding between the parties regarding the subject matter[10]

Product Development and Pipeline - Tonix Pharmaceuticals is focused on obtaining U.S. marketing authorization for TNX-102 SL for the management of fibromyalgia, with a PDUFA goal date set for August 15, 2025[18]. - The company has two FDA-approved products for acute migraine treatment and is developing a robust pipeline targeting central nervous system disorders, immunology, infectious diseases, and rare diseases[19]. - TNX-102 SL has been studied in three Phase 3 trials, with two studies reporting statistically significant results, and is designed for long-term bedtime use[20]. - TNX-1300, a candidate for cocaine intoxication, is in Phase 2 clinical development and has received Breakthrough Therapy designation from the FDA[24]. - TNX-1500, an immunology candidate, is being developed to prevent organ transplant rejection and treat autoimmune diseases, with Phase 1 results expected in Q1 2025[26]. - TNX-801, a live virus vaccine for smallpox and mpox, is in pre-IND development and has shown promising preclinical efficacy, including protection in non-human primates[31]. - The company plans to prepare for the commercial launch of TNX-102 SL in Q4 2025, contingent on FDA approval[20]. - Tonix has selected two contract manufacturing organizations for the potential launch of TNX-102 SL in the U.S.[21]. - The company is continuously evaluating further indications for TNX-102 SL, including PTSD and Long COVID management[23]. - TNX-1800 is a live virus vaccine that has shown promising results in non-human primates, with preclinical data demonstrating immunity and tolerability presented in June 2024[36]. - TNX-2900 for Prader-Willi syndrome received Orphan-Drug Designation from the FDA in the second half of 2023 and cleared IND in Q4 2023, with Rare Pediatric Disease Designation granted in March 2024[41]. - The company is developing TNX-801 and TNX-1800 vaccines for smallpox and COVID-19, respectively, currently in preclinical stages[70]. - TNX-1300 has been granted Breakthrough Therapy designation by the FDA and is being developed for cocaine intoxication, with a Phase 2 trial initiated in Q3 2024[104][106]. - TNX-1900 is being developed for multiple indications, including adolescent obesity and social anxiety disorder, with ongoing Phase 2 studies[110]. - TNX-801 is a novel smallpox and mpox vaccine with potential safety advantages over existing live replicating vaccinia virus vaccines, which have been associated with adverse side effects[122]. - TNX-1800, a COVID-19 vaccine, is being developed to elicit a durable immune response and is part of the NIAID's Project NextGen initiative[134]. Commercial Strategy and Market Potential - Tonix's strategy includes pursuing CNS, rare disease, immunology, and infectious disease indications with high unmet medical needs, including TNX-102 SL for fibromyalgia, affecting 6-12 million adults in the U.S.[48]. - The company aims to maximize the commercial potential of its lead product candidates, including TNX-102 SL, through direct commercialization or partnerships[48]. - The potential market for TNX-102 SL is expected to increase due to the overlap of symptoms in over 40% of Long COVID patients with fibromyalgia[52]. - The company acquired two FDA-approved migraine products, Zembrace SymTouch and Tosymra, in June 2023[67]. - Zembrace SymTouch demonstrated migraine pain relief onset in as few as 10 minutes for 17% of patients, compared to 5% for placebo[68]. - Tosymra provides migraine pain relief in as little as 10 minutes for 13% of patients, with patent protection until 2031[68]. - The company has multiple product candidates in development, including TNX-102 SL for fibromyalgia, with a PDUFA goal date of August 15, 2025[70]. - The company is preparing for a commercial launch of TNX-102 SL in Q4 2025, contingent on FDA approval[81]. - Tonix plans to launch TNX-102 SL for fibromyalgia in Q4 2025, contingent on FDA approval[153]. - The company has engaged EVERSANA for the launch strategy and commercial planning of TNX-102 SL[152]. - Tonix is expanding its commercial team with new hires in key operational roles, enhancing its capabilities for product launches[153]. - The company is implementing patient access programs and expanding distribution channels for its migraine drugs[151]. Research and Development - The Phase 3 RESILIENT study enrolled 457 participants and achieved a statistically significant improvement in pain reduction, with TNX-102 SL showing a change from baseline of -1.8 units compared to -1.2 units for placebo (p=0.00005)[85]. - In the RELIEF study, TNX-102 SL demonstrated a significant change in pain severity scores of -1.9 units versus -1.5 units for placebo (p=0.010) among 503 participants[88]. - The 30% responder analysis in the RELIEF study indicated that 46.8% of TNX-102 SL participants experienced a 30% or greater reduction in pain compared to 34.9% for placebo (p=0.006)[89]. - The FDA granted Fast Track designation for TNX-102 SL, recognizing fibromyalgia as a serious condition and the drug's potential to address unmet medical needs[83]. - Tonix completed a bridging pharmacokinetic study in Japanese and Chinese volunteers, confirming similar pharmacokinetic profiles to Caucasian data, supporting future marketing applications in Japan and China[79][93]. - The long-term safety exposure studies for TNX-102 SL indicated tolerability for daily dosing of 5.6 mg for at least 12 months in over 50 individuals[94]. - The Phase 1 study for TNX-102 SL in Japan was completed, confirming the similarity in pharmacokinetics between Asian and Caucasian populations[93]. - The University of North Carolina has been awarded a $3 million grant from the DoD for the OASIS study, which will enroll approximately 180 individuals[97]. - The OASIS trial is part of the $40 million AURORA initiative aimed at improving understanding and recovery from traumatic events[98]. - TNX-1500 showed suppression of antibody responses in a Phase 1 trial, with a mean half-life of 34-38 days for the 10 mg/kg and 30 mg/kg dose groups[113]. - TNX-1500 is being studied in combination with other immunosuppressive agents in non-human primates, showing promise in preventing organ rejection[114][115]. - TNX-1700 is in development for gastric and colorectal cancers, with US market exclusivity until April 2033[119]. - The OASIS trial will begin enrollment in the first half of 2025, following FDA IND clearance in Q1 2024[99]. - Prior studies indicated TNX-102 SL may reduce PTSD symptoms when administered within 24 hours of trauma[100]. - TNX-1300 was well tolerated in a Phase 2 study, interrupting cocaine effects after a 50 mg i.v. challenge[103]. Intellectual Property and Patent Strategy - The company holds a patent portfolio consisting of 42 issued U.S. patents and 432 issued non-U.S. patents as of March 10, 2025, with an additional 23 U.S. non-provisional patent applications and 3 international patent applications pending[170]. - The patent term for most countries is 20 years from the date of filing the first non-provisional priority application, with potential extensions available in the U.S. for drugs approved by the FDA[175]. - The company expects to apply for patent term extensions for patents covering its product candidates and their methods of use, depending on the length of clinical trials and NDA filing[176]. - The patent portfolio for TNX-102 SL includes claims for treating various CNS conditions, including PTSD and fibromyalgia, with market exclusivity until 2030 for certain patents[178][184]. - The Eutectic Technology patent portfolio includes multiple U.S. patents that are set to expire in 2034 or 2035, excluding any patent term adjustments or extensions[178]. - The company has filed international patent applications for treating sexual dysfunction and alcohol use disorder, now nationalized in multiple countries[198][204]. - The European Patent Office upheld the patent for treating depression in fibromyalgia patients until March 2032, with potential extensions based on marketing authorization timing[193]. - The company has a patent for methods of treating agitation and cognitive decline in neurodegenerative conditions, issued on November 28, 2023[201]. - The company relies on trade secrets and technological innovation to maintain its proprietary position in the market[171]. - The validity and enforceability of the company's patents are critical for its success, alongside the ability to operate without infringing on third-party patents[172]. - International Patent Application No. PCT/US2021/062244 for "Cyclobenzaprine Treatment for Fibromyalgia" was filed on December 7, 2021, and is now nationalized in 15 countries[205]. - U.S. non-provisional Patent Application No. 18/212,500 for "Cyclobenzaprine Treatment for Post-Acute Sequelae of (SARS)-CoV-2 Infection (PASC)" was filed on June 21, 2023, and is now nationalized in 9 countries[206]. - U.S. non-provisional Patent Application No. 18/988,194 for "Early Onset Response, Favorable Tolerability, and Side Effect Profile in the Treatment of Fibromyalgia" was filed on December 19, 2024[207]. - International Patent Application No. PCT/US2025/012803 for "Cyclobenzaprine Treatment for Acute Stress Reaction or Acute Stress Disorder" was filed on January 23, 2025[208]. - The company acquired migraine and pain treatment technologies from Trigemina, Inc., including rights to TNX-1900, an enhanced formulation of nasal oxytocin[209]. - The company acquired International Patent Application No. PCT/US2016/012512, which is nationalized in 13 countries, and U.S. Patent Nos. 9,629,894 and 11,389,473, expiring in January 2036[210]. - The company also acquired International Patent Application No. PCT/US2017/027265, which is nationalized in 9 countries, and U.S. Patent No. 12,156,897, expiring in April 2037[211]. - Rights to International Patent Application No. PCT/US2019/020419 were also acquired, which is nationalized in the U.S., European Patent Office, and Japan[212]. Competitive Landscape and Market Trends - Real-world data indicates that the use of non-oral drugs for acute migraine treatment decreased from 7% in 2012 to below 4% in 2023, highlighting a potential market opportunity[44]. - Tonix is aware of multiple companies developing treatments for fibromyalgia, with no new products approved in the last 15 years[157]. - The competitive landscape includes major pharmaceutical firms with greater resources and experience in drug development and commercialization[154]. - There are currently no FDA-approved drugs for Long COVID, with several companies developing therapeutics in this area[159]. - Tonix is monitoring advancements in treatments for gastric and colorectal cancer, focusing on myeloid derived suppressor cells[167].

Core Insights - Tonix Pharmaceuticals is preparing for the potential launch of TNX-102 SL for fibromyalgia management, with a PDUFA goal date set for August 15, 2025, marking the first new drug for this condition in over 15 years [1][2][5] - The company reported a cash position of approximately $98.8 million as of December 31, 2024, which is expected to fund operations through the anticipated launch of TNX-102 SL [1][20] - Positive topline results from a Phase 1 study of TNX-1500, an anti-CD40L monoclonal antibody, were announced, supporting its advancement to a Phase 2 trial [1][13][8] Financial Highlights - For the fourth quarter of 2024, net product revenue was approximately $2.6 million, a decrease from $3.8 million in the same period in 2023 [22] - Research and development expenses for the fourth quarter of 2024 were approximately $8.3 million, down from $17.1 million in the previous year, attributed to fewer clinical trials [23] - The net loss available to common stockholders for the fourth quarter of 2024 was $22.1 million, compared to a net loss of $27.3 million in the same quarter of 2023 [25] Product Development and Pipeline - TNX-102 SL is a sublingual formulation of cyclobenzaprine designed for the management of fibromyalgia, showing statistically significant pain reduction in Phase 3 studies [5][9] - TNX-1500 is being developed for the prevention of kidney transplant rejection and treatment of autoimmune diseases, with a favorable safety profile demonstrated in Phase 1 trials [8][13] - TNX-801, a potential vaccine for mpox and smallpox, has shown promising results in non-human primates and is advancing towards clinical testing [11][30] Corporate Developments - The company is now debt-free following the repayment of a mortgage in February 2025 [19] - Tonix has expanded its leadership team with key appointments to enhance its commercial and technical capabilities [18] - The company received a contract from the U.S. Department of Defense for the development of broad-spectrum antiviral drugs, with potential funding of up to $34 million over five years [1][30]

Company Overview - Tonix Pharmaceuticals Holding Corp. is a fully-integrated biopharmaceutical company focused on pain management therapies and vaccines for public health challenges [4] - The company has a development portfolio primarily targeting central nervous system (CNS) disorders [4] Product Development - The company is advancing TNX-102 SL, a product candidate for fibromyalgia management, with a PDUFA goal date set for August 15, 2025, which could mark the first new treatment option for fibromyalgia patients in 15 years [2][4] - TNX-102 SL has received Fast Track designation from the FDA and is also being developed for acute stress reaction and acute stress disorder under a Physician-Initiated IND at the University of North Carolina [4] - Other notable products in development include TNX-1300 for cocaine intoxication, which has FDA Breakthrough Therapy designation, and TNX-1500 for organ transplant rejection and autoimmune diseases [4] Financial and Strategic Partnerships - Tonix has secured a contract with the U.S. Department of Defense's Defense Threat Reduction Agency for up to $34 million over five years to develop TNX-4200, a broad-spectrum antiviral agent [4]

Core Viewpoint - Tonix Pharmaceuticals Holding Corp. is actively engaging with investors through a virtual presentation, highlighting its biopharmaceutical pipeline and recent developments in its product candidates [1][2]. Company Overview - Tonix Pharmaceuticals is a fully-integrated biopharmaceutical company focused on pain management therapies and vaccines for public health challenges [4]. - The company is advancing TNX-102 SL, a candidate for fibromyalgia management, with a New Drug Application (NDA) submitted based on two significant Phase 3 studies, and a PDUFA goal date set for August 15, 2025 [4]. - TNX-102 SL has received Fast Track designation from the FDA for fibromyalgia management and is also being studied for acute stress reactions and disorders [4]. - The CNS portfolio includes TNX-1300, a biologic in Phase 2 for cocaine intoxication, which has FDA Breakthrough Therapy designation [4]. - Tonix's immunology portfolio features TNX-1500, a monoclonal antibody for organ transplant rejection and autoimmune diseases, which has completed a positive Phase I trial [4]. - The infectious disease portfolio includes TNX-801, a vaccine for mpox and smallpox, and TNX-4200, a broad-spectrum antiviral agent with a contract worth up to $34 million with the U.S. Department of Defense [4]. Upcoming Events - Seth Lederman, M.D., CEO of Tonix Pharmaceuticals, will present at the Zacks SCR Life Sciences Virtual Investor Forum on March 13, 2025, at 3:30 p.m. ET [1]. - Investors can pre-register for the event and will have the opportunity to ask questions in real-time [2][3].