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TNXP Tonix Pharmaceuticals produces the Monkeypox Vaccine !

Long
NASDAQ:TNXP   Tonix Pharmaceuticals Holding Corp
Tonix is a producer of the TNX-801 vaccine, effective against Smallpox and Monkeypox.

But that`s not all!

They have a strong balance sheet , Cash and Cash Equivalents Totaled Approximately $140 Million VS its mk cap of only $44.03Mil.

Seth Lederman, M.D., Chief Executive Officer of Tonix: “Tonix is making meaningful strides developing our rich portfolio of high impact product candidates,”
“By the end of this year, we expect to have five central nervous system ( CNS ) programs in the clinic, led by our most advanced program, TNX-102 SL (cyclobenzaprine HCl sublingual tablets) for fibromyalgia, which is in mid-Phase 3 development. Enrollment has begun for TNX-102 SL in a registration-enabling-Phase 3 clinical trial. TNX-102 SL trials in Long COVID and PTSD are also expected to initiate enrollment in the second quarter of 2022.”

TNX-2900 received Orphan-Drug designation by the FDA for the treatment of PWS in March 2022.

On this strong pipeline, on 4/18/2022 Noble Financial Initiated Coverage on TNXP with an Outperform rating and a price target of $19.20, while Alliance Global Partners has a price target of $64.

I expect TNXP Tonix Pharmaceuticals to be at least $10 per share.

Looking forward to read your opinion about it.



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