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Tonix Pharma Deprioritizes COVID-19 Related Programs, Pending PTSD Test – Tonix Pharmaceuticals (NASDAQ: TNXP)

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  • Tonix Pharmaceuticals Holding Corp TNXP will certainly reapportion sources and also money to enhance its pipe and also concentrate on its mid and also late-stage medical programs within its core main nerves (CNS) profile.
  • .(* )The pipe adjustment lowers financial investment in a number of longer-term programs, especially COVID-19-related research studies, and also hold-ups the begin of a posttraumatic tension problem (PTSD) research study in Kenya.

  • .(* )The business is ceasing the registration of brand-new individuals in the Stage 2 test in fibromyalgia-type Lengthy COVID. The about 60 individuals enlisted will certainly be complied with to conclusion, with topline information anticipated in Q3 of 2023.
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  • Additionally See:
  • Tonix Pharmaceuticals Seeks To Reinforce Its COVID-19 Pipe With This New Procurement . 2023 Drivers: .
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  • Acting evaluation outcomes of Stage 3 durable research study of TNX-102 SL (sublingual cyclobenzaprine tablet computers) for fibromyalgia are anticipated in Q2 of 2023, and also topline outcomes are anticipated in Q4 of 2023.
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    • Acting evaluation outcomes of Stage 2 avoidance research study of TNX-1900 (intranasal potentiated oxytocin) for persistent migraine headache prepared for in Q4 2023.
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    • Acting evaluation outcomes of Stage 2 UPLIFT research study of TNX-601 EMERGENCY ROOM (tianeptine hemioxalate extended-release tablet computers) for significant depressive problem in the 4th quarter of 2023.
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    • .(* )Money and also money matchings of about $120.2 million since Dec. 31, 2022.

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  • Rate Activity:

  • TNXP shares are down 1.56% at $0.57 on the last check Tuesday.
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  • © 2023 Benzinga.com. Benzinga does not give financial investment suggestions. All civil liberties scheduled.

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