Tonix Pharmaceuticals will present at NobleCon20 and conduct investor meetings in December 2024 in Boca Raton, Florida.
Quiver AI Summary
Tonix Pharmaceuticals Holding Corp. announced that Jessica Morris, the company's Chief Operating Officer, will present and meet with investors at the NobleCon20 conference on December 3-4, 2024, in Boca Raton, Florida. Investors can arrange meetings through the conference coordinator, and a video of the presentation will be available on the Tonix website afterward. Tonix is a biopharmaceutical company focused on developing therapies for pain management and vaccine solutions, with a special emphasis on central nervous system disorders. Their key product candidate, TNX-102 SL for fibromyalgia, is awaiting FDA review following a New Drug Application (NDA) submission. Additional projects include development for cocaine intoxication, organ transplant rejection, autoimmune diseases, and a vaccine for mpox, among others. The press release also includes forward-looking statements regarding potential risks in drug development and regulatory processes.
Potential Positives
- Jessica Morris, the Chief Operating Officer, will present at a notable equity conference, enhancing visibility and potentially attracting investor interest.
- The company has submitted a New Drug Application (NDA) for TNX-102 SL, which has demonstrated positive results in Phase 3 studies for fibromyalgia, indicating progress in their clinical development.
- TNX-102 SL has received Fast Track designation from the FDA, which may expedite its review process and indicates the agency's recognition of its potential benefit.
- Tonix has secured a contract with the U.S. Department of Defense worth up to $34 million to develop antiviral agents, showcasing its credibility and ability to secure significant funding for research initiatives.
Potential Negatives
- The company is heavily reliant on the success of its product candidates, with significant risks mentioned regarding FDA approvals and the commercialization of new products, which could impact investor confidence.
- Tonix Pharmaceuticals has multiple risks associated with its clinical development and is in need of additional financing, which may indicate potential financial instability.
- The press release highlights a strong dependency on third-party funding and reimbursement, which could pose challenges to the company's future operations and growth.
FAQ
What is the date and location of the NobleCon20 conference?
The NobleCon20 conference will be held on December 3-4, 2024, in Boca Raton, Florida.
Who will represent Tonix Pharmaceuticals at the conference?
Jessica Morris, the Chief Operating Officer of Tonix Pharmaceuticals, will present at the conference.
How can investors watch the Tonix presentation online?
A video webcast of the presentation will be available on the Tonix website under the IR Events tab after the event.
What major drug candidates is Tonix developing?
Tonix is developing TNX-102 SL for fibromyalgia and TNX-1300 for cocaine intoxication, among other candidates.
What recent contract has Tonix Pharmaceuticals announced?
Tonix announced a contract with the U.S. DoD for up to $34 million to develop TNX-4200 antiviral agents.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
CHATHAM, N.J., Nov. 26, 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 and conduct investor meetings at NobleCon20, Noble Capital Markets’ Twentieth Annual Emerging Growth Equity Conference, being held December 3-4 in Boca Raton, Fla.
Investors interested in arranging a meeting with the Company’s management during the conference should contact the NobleCon conference coordinator. A video webcast of the presentation will be available the day following the presentation under the IR Events tab of the Tonix website at www.tonixpharma.com and as part of a complete catalog of presentations available at Noble Capital Markets’ Conference website at www.nobleconference.com and on Channelchek, the investor portal created by Noble Capital Markets, at www.channelchek.com .
Details of the Tonix Pharmaceuticals Presentation
Event: | NobleCon20, Noble Capital Markets’ Twentieth Annual Emerging Growth Equity Conference |
Date: | Tuesday, December 3, 2024 |
Time: | 12:00 p.m. ET |
Location: | Florida Atlantic University, College of Business Executive Education (COBEE) Complex |
Track: | Presentation Room 3 |
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.
Investor Contact
Jessica Morris
Tonix Pharmaceuticals
[email protected]
(862) 904-8182
Peter Vozzo
ICR Healthcare
[email protected]
(443) 213-0505
Media Contact
Ray Jordan
Putnam Insights
[email protected]
(949) 245-5432