Name of opportunity: 👀
Tonix Pharmaceuticals Holding Corp
New drug for fibromyalgia management in process 💊
Tonix Pharmaceuticals has seen a price increase over the past day, as the stock’s value has gone up by 32.48% in the past day. The reason behind this price surge might be because the company recently announced that the FDA will not require an Advisory Committee meeting to discuss the new drug application (NDA) for fibromyalgia drug, TNX-102 SL.
Tonix Pharmaceuticals is a growth stock that is currently generating modest revenue and cash flow. Analysts are calling this stock a ‘buy’ as of right now.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Tonix Pharmaceuticals Holding Corp. might increase from $30.51 to $66.17 in the next 12 months. If you invested $1000, you might profit $1168.69.
TNX-102 SL is a new drug in development by Tonix Pharmaceuticals that aims to help treat those suffering with fibromyalgia. If this treatment gets approved, it’ll be the first treatment for fibromyalgia in 15 years. Tonix Pharmaceuticals have said they maintain their PDUFA goal date of August 15, 2025, which means commercial release of this drug might be coming up in the last quarter of 2025. This news might have created positive sentiment for Tonix Pharmaceuticals, which might be the driving factor behind its stock price increase.
Tonix Pharmaceuticals specialises in treatments for chronic disorders of the Central Nervous System, immunology, treatments for rare diseases, and vaccines for infectious diseases. The company has two medicines currently available on the market, which are both treatments for migraine.
Pharmaceutical company 🧬
Tonix Pharmaceuticals is a pharmaceutical company that is headquartered in Chatham, New Jersey, United States. The company focuses on repurposed drugs for central nervous system (CNS) conditions.
Which neme?: 🔍
‘Top Gainers Today’, ‘Stocks On The Move’
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