Amazon's Betting Big on This Unknown AI Company
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
About Tonix Pharmaceuticals Holding Corp
Tonix Pharmaceuticals Holding Corp., a clinical-stage biopharmaceutical company, focuses on discovering, acquiring, developing, manufacturing, and licensing small molecules and biologics to treat and prevent human diseases and alleviate suffering. Its immunology product candidates include vaccines to prevent infectious diseases and biologics to address immunosuppression, cancer, and autoimmune diseases; and central nervous system (CNS) product candidates comprise small molecules and biologics to treat pain, neurologic, psychiatric, and addiction conditions. The company's lead vaccine candidate is TNX-1800, a live replicating vaccine based on the horsepox viral vector platform to protect against COVID-19. Its vaccines also comprise TNX-801, a live horsepox virus vaccine to protect against smallpox and monkeypox and serves as the vector platform; and TNX-2300 and TNX-2600, which are live replicating attenuated vaccine candidates for the prevention of COVID-19. In addition, the company's lead CNS candidate is TNX-102 SL, a sublingual formulation of cyclobenzaprine, which is in Phase 3 development for fibromyalgia, as well as in Phase 2 studies for agitation in Alzheimer's disease and alcohol use disorder. Further, its products include TNX-1300, which is in Phase 2 development for the treatment of life-threatening cocaine intoxication; TNX-601 CR for depression; and TNX-1900 for migraine and cranio-facial pain treatment. Additionally, its preclinical pipeline includes TNX-1600 for posttraumatic stress disorder, depression, and attention deficit hyperactivity disorder; TNX-701 for radioprotection; TNX-1200, a smallpox vaccine; TNX-1500 for transplant organ rejection and autoimmune conditions; and TNX-1700 for gastric and pancreatic cancers. The company is headquartered in Chatham, New Jersey.
General
Name | Tonix Pharmaceuticals Holding Corp |
Ticker | TNXP |
Exchange | NASDAQ |
Sector | Healthcare |
Industry | Biotechnology |
Currency | USD |
Country | USA |
Fiscal Year End | December |
Full Time Employees | 26 |
Highlights
Analyst Target | 3.75 |
Market Cap | 443,767,680 |
EBITDA | -25,354,000 |
Share Stats
Shares Outstanding | 323,918,016 |
Shares Float | 323,684,510 |
Shares Short | 1,684,877 |
Insider Holdings | 5% |
Institution Holdings | 5.25% |
Highlights
Analyst Target | 3.75 |
Market Cap | 443,767,680 |
EBITDA | -25,354,000 |
Valuation
Trailing PE | 0.14 |
Price/Book (Most Recent Quarter) | 5.54 |
Earnings
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