Tonix Pharmaceuticals Receives US Patent for Migraine Treatment; Shares Rise

MT Newswires Live

2024/09/27

Tonix Pharmaceuticals Holding (TNXP) said Friday it received a patent from the US Patent and Trademark Office for its pre-filled autoinjector comprising of Zembrace SymTouch composition to treat migraines.

The patent is anticipated to expire in 2036, excluding potential extensions, the biopharmaceutical company added.

Zembrace is a US Food and Drug Administration-approved treatment for migraines, Tonix said.

Shares of the company rose 23% in recent Friday premarket activity.

Price: 0.1685, Change: +0.03, Percent Change: +23.35

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