S&P Capital IQ Initiates Coverage on TONIX Pharmaceuticals Holding Corp. in Standard & Poor's Factual Stock Reports
Tonix Pharmaceuticals Holding Corp. (OTCQB: TNXP) develops prescription medications for challenging disorders of the central nervous system ("CNS"). The company targets conditions characterized by significant unmet medical needs, inadequate existing treatment options, and high dissatisfaction among both patients and physicians. Tonix's core technology improves the quality of sleep in patients with chronic pain syndromes.
TNXP is focused on developing new pharmaceutical products for CNS conditions that may be safer and more effective than currently available treatments. Tonix uses ongoing advances in science and medicine to search for potential therapeutic solutions among already existing prescription pharmaceutical agents that have been successfully used in patients for other conditions. The company creates new dose formulations for these agents with the intent to developing products that are optimized for the new therapeutic uses or indications that Tonix targets.
TNXP's most advanced product candidate, sublingual TNX-102 ("TNX-102 SL") for FM and post-traumatic stress disorder ("PTSD"), is a novel dosage formulation of cyclobenzaprine, the active ingredient in two U.S. FDA-approved muscle relaxants. In 2013, TNX-102 SL is expected to enter Phase 3 for FM and Phase 2 for PTSD. The company is working to optimize the dose and formulation of TNX-102 to treat FM safely.
Tonix Pharmaceuticals Holding Corp. was founded in 2007.
Standard & Poor's Factual Stock Report coverage on TONIX Pharmaceuticals Holdings Corp. will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P Capital IQ research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit http://www.tonixpharma.com/ for additional information.
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TONIX Pharmaceuticals Holding Corp
Leland J. Gershell, 212-980-9155, ext. 104
S&P Capital IQ
Richard Albanese, 212-438-3647
Michael Privitera, 212-438-6679
KEYWORDS: United States North America New York
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