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Friday, January 24, 2020

Tonix Pharma up 42% premarket on advancement of TNX-102 SL

Tonix Pharmaceuticals (NASDAQ:TNXP) has completed fed-fasting and dose proportionality tests of TNX-102 SL in healthy volunteers, data that, it says, should satisfy the pharmacokinetic requirements for its U.S. marketing applications for posttraumatic stress disorder (PTSD) and fibromyalgia.
Preliminary data showed no significant effect from a fatty meal on the rate or extent of absorption of TNX-102 SL 5.6 mg administered as 2 x 2.8 mg sublingual tablets.
Observed dose proportionality confirmed the prototype 2.4 mg formulation.
Shares up 42% premarket.
https://seekingalpha.com/news/3534291-tonix-pharma-up-42-premarket-on-advancement-of-tnxminus-102-sl

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