Overview
Tonix Q3 net loss widens to $32 mln
Company to launch Tonmya for fibromyalgia in November, first new treatment in 15 years
Tonix in-licenses TNX-4800 for Lyme disease, plans Phase 2/3 study in 2027
Outlook
Tonix expects cash reserves to fund operations into Q1 2027
Tonmya launch set for November 2025 with commercial infrastructure in place
Company plans to initiate TNX-4800 study during tick season in 2027
Result Drivers
Research and development expenses for the three months ended September 30, 2025 were $9.3 million, compared to $9.1 million for the same period in 2024.
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | -$32.01 mln | ||
Q3 Operating Income | -$33.07 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy"
Wall Street's median 12-month price target for Tonix Pharmaceuticals Holding Corp is $68.00, about 75% above its November 7 closing price of $17.00
Press Release: ID:nGNX6KCDn
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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