7 Reasons Why Tonix Pharmaceuticals (NASDAQ: TNXP) is Topping Our Pre-Market Watchlist…
1. Low Float: After a reverse split, (TNXP) now has under 2M shares in its float and a market cap under $28M, suggesting potential for significant price movements if demand shifts.
2. Promising Product Pipeline: (TNXP) is developing treatments for high-need conditions with limited options, positioning the company as a leader in underserved markets.
3. Fast-Tracked Treatment for Fibromyalgia: (TNXP)’s TNX-102 SL is advancing rapidly through clinical trials for fibromyalgia, with FDA Fast Track Designation and a PDUFA goal date of August 15, 2025.
4. Innovative Approach to Delivery: TNX-102 SL uses a sublingual delivery method, bypassing the liver's metabolism, offering faster absorption and fewer side effects compared to oral treatments.
5. Strategic Focus on Rare and Underserved Diseases: (TNXP) is targeting rare conditions like Prader-Willi Syndrome and co-ca-ine intoxication, positioning it for growth in low-competition markets.
6. Government Support: (TNXP) has received funding from the National Institute on Dr-ug Abuse (NIDA) for its TNX-1300 enzyme treatment, showcasing strong government backing.
7. Path to FDA Approval: With key regulatory decisions ahead, including the FDA review of TNX-102 SL, (TNXP) could see its treatments approved and ready for market, driving future growth.
Consider Adding Tonix Pharmaceuticals (NASDAQ: TNXP) To Your Radar This Week…
Tonix Pharmaceuticals (NASDAQ: TNXP) is a company to keep an eye on as it moves forward with a promising pipeline, a low float that could lead to significant swings, and FDA fast-track status for its treatments.
With a focus on rare, underserved diseases and strong government backing, Tonix is well-positioned to make strides in the healthcare space.
We have all eyes on (TNXP) right now.
Tonix Pharmaceuticals (NASDAQ: TNXP) has made an early splash in the pre-market, moving approximately 15% to $17.35 after announcing positive topline results from its Phase 1 trial of TNX-1500.
Are you watching yet? Keep a lookout for my next update. |
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