Home Financial Markets Is that how Tonix Pharmaceuticals (TNXP) surged in the Premarket today?

Is that how Tonix Pharmaceuticals (TNXP) surged in the Premarket today?

Tonix Pharmaceuticals Holding Corp. (TNXP) shares go up more than 28% to $0.849 in the ‎premarket trading session after it revealed the closing of the purchase of a 44-acre site in ‎Hamilton, Montana, that will be used to develop and manufacture vaccines. In September ‎‎2020, Tonix entered into a lease agreement to purchase 40,000 square feet in ‎Massachusetts to house their new Advanced Development Center for accelerated testing of ‎vaccines for clinical trials.‎

Get the hottest stocks to trade ‎every day before the market opens 100% ‎free. Click here now. 

‎The Montana and Massachusetts facilities are also planned to promote the production and ‎manufacturing of candidate Tonix vaccines provided by adapted horsepox vaccines, TNX-‎‎1800, a possible COVID-19 vaccine, and TNX-801, a potential vaccine for smallpox and ‎monkeypox.‎


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Read More

Tonix Pharmaceuticals is currently working on COVID-19 vaccines using two live viral vector ‎platforms, horsepox and bovine parainfluenza virus (BPI virus). COVID-19 has four potential ‎vaccines in development based on the horsebox vector and two vaccines based on the BPI ‎vector. The Company’s lead vaccine, TNX-1800, is based on the horsepox vector1. The ‎horsepox virus is thought to be very similar to the smallpox vaccine, which was developed by ‎Dr. Edward Jenner and eradicated smallpox: the only disease ever destroyed. It was recently ‎discovered that horsepox is nearly identical to a vaccine used in the US in the mid-1800s for ‎smallpox2. TNX-1800 is believed to produce a predominantly T cell response to vaccination ‎and to prevent onward transmission. In the first quarter of 2021, Tonix plans to report ‎efficacy data from its animal challenge studies on TNX-1800.‎

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Aviat Networks, Inc. (AVNW) Stock Trending Up After Promising Financial Reports for Most Recent Quarter

Aviat Networks, Inc. (AVNW) stock prices were up 3.81% as of market close on May 5th 2021, bringing the price per share up to...

Regional Health Properties, Inc. (RHE) Stock Skyrocketing as Pandemic Regulations Ease Up

Regional Health Properties, Inc. (RHE) stock prices were up a staggering 90.39% during the course of the trading day on May 5th, 2021, bringing...

What Is Getting Alteryx (AYX) Stock To Soar In Premarket Trades?

The shares of Alteryx Inc. (AYX) rose 7.42% to trade at $82.06 in premarket trading at last check. To close Tuesday's trading session at...

Cocrystal Pharma, Inc. (COCP) Stock Skyrocketed Following Promising Updates on Covid-19 Drug Development

Cocrystal Pharma, Inc. (COCP) stock prices were up by a monumental 72.58% as of the market closing on may 4th 2021, bringing the price...

Adamis Pharmaceuticals Corporation (NASDAQ:ADMP) stock slumped in the afterhours trading session; here’s why

At last check, in the after-hours trading session, ADMP stock had slumped by-7.48% to $0.99. ADMP stock previously closed the session at $1.07 gaining...

Semileds Corp. (NASDAQ: LEDS) stock falls during pre-market. What has been happening?

Semileds Corp. (NASDAQ: LEDS) stock plunged by 7.41% at last close while the LEDS stock price continues to decline by 2.55% in the pre-market,...

10x Genomics (NASDAQ: TXG) stock slumped in the premarket trading session; here’s why

10x Genomics Inc. (TXG) stock plunged by-9.79% to the price of $165.0 in pre-market trading session. TXG stock has closed previous session at $182.90...

My Size Inc. (NASDAQ: MYSZ) stock plunged during after-hour trading, given no latest update

My Size Inc. (NASDAQ: MYSZ) stock surged by 24.87% at last close whereas the MYSZ stock price declined by 4.13% in the after hours...

Related News

My Size Inc. (NASDAQ: MYSZ) stock plunged during after-hour trading, given no latest update

My Size Inc. (NASDAQ: MYSZ) stock surged by 24.87% at last close whereas the MYSZ stock price declined by 4.13% in the after hours...

Etsy, Inc. (ETSY) Stock Continues to Trend Down After a Stellar 2020 Set Expectations Too High

Etsy, Inc. (ETSY) stock prices were down by a marginal 2.06% as of the market closing on May 5th, 2021, bringing the price per...

Cryoport Inc. (NASDAQ:CYRX) stock surged in the current trading session; here’s why

At last check, in the current trading session, CYRX stock surged by 11.28% to the price of $61.45. CYRX stock closed the previous session...

Amryt (AMYT) Stock Is Declining Before Market Open, I Wonder Why?

The price of Amryt Pharma plc (NASDAQ:AMYT) shares were down -8.88% to $11.7 at last check in premarket trading. AMRYT stock closed at $12.84...

Why DavidsTea Inc (DEA) stock surged in the after-market session on Tuesday after an early loss?

DavidsTea Inc (DEA) stock started the Tuesday, May 4 with negativity and lost 7.74% in the normal trading to close at $3.22 per share....

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.