Tonix Pharmaceuticals (NASDAQ:TNXP) announced the appointment of Ganesh Kamath as its head of market access, effective September 29, 2025. The biotechnology company said Kamath brings more than 25 years of market access, pricing, and commercial operations experience to Tonix.
The Tonix Pharmaceuticals Holding Corp. stock price has pulled back so much, and they hold a clear campaign runway for Tonmya into 2026. Despite approval, TNXP shares dropped due to concerns over valuation, potential dilution, and uncertainty around commercialization and pricing. Tonmya's novel formulation and high unmet need could drive strong adoption, with revenue potential of $219M–$365M annually at modest market penetration.
I'm initiating Tonix Pharmaceuticals Holding Corp. with a Buy rating, eyeing a rally on potential FDA approval for flagship drug Tonmya in August. Tonmya targets fibromyalgia, a large, underserved market; FDA decision is due August 15th, and approval could dramatically boost Tonix's revenue. Tonix has its work cut out for it, but I'm a firm believer that they could have a first-mover advantage in this market.
| Biotechnology Industry | Healthcare Sector | Seth Lederman CEO | NASDAQ (CM) Exchange | 890260839 CUSIP |
| US Country | 81 Employees | - Last Dividend | 5 Feb 2025 Last Split | 10 May 2012 IPO Date |
Tonix Pharmaceuticals Holding Corp. is a clinical-stage biopharmaceutical company dedicated to the discovery, acquisition, development, and licensing of therapeutics and diagnostics aimed at treating and preventing human diseases and alleviating suffering. Since its inception in 2007, Tonix Pharmaceuticals has been headquartered in Chatham, New Jersey. Its extensive portfolio spans immunology, rare diseases, infectious diseases, and central nervous system (CNS) product candidates, demonstrating a diverse approach to addressing critical areas of medicine.