Tonix Pharmaceuticals Strengthens Board with Appointment of Jim Hunter

Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) has announced the appointment of James 'Jim' Hunter to its Board of Directors, effective June 12. Hunter, who previously served as Executive Vice President, Commercial, played a pivotal role in establishing Tonix Medicines, the company's commercial subsidiary, and leading its entry into the migraine market. CEO Dr. Seth Lederman highlighted Hunter's operational insight and commercial expertise as invaluable assets, especially as Tonix gears up for the potential launch of TNX-102 SL for fibromyalgia later this year.

The appointment comes at a critical time for Tonix Pharmaceuticals, as it prepares to submit a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for TNX-102 SL, a product candidate that has shown promise in two statistically significant phase 3 studies for fibromyalgia management. The FDA has already granted Fast Track designation to TNX-102 SL, underscoring its potential to address a significant unmet medical need. This move not only strengthens Tonix's leadership team but also signals the company's commitment to advancing its pipeline and bringing innovative therapies to market.

With Hunter's extensive experience in commercial strategy and operations, Tonix is well-positioned to navigate the complexities of the biopharmaceutical market and maximize the impact of its product portfolio. The company's focus on transforming therapies for pain management and addressing public health challenges is further bolstered by this strategic appointment, which could have far-reaching implications for patients suffering from fibromyalgia and other CNS disorders.