Tonix Pharmaceuticals Expands Preclin∞♦σical Pipeline with Triple Reuptake Inhibitor, T↔δ©NX-1600, for the Treatment of PTSD
Tonix Pharmaceuticals Holding Corp., a clinica₩↑•"l-stage biopharmaceutical company, β∏announced today an exclus'≥€ive agreement to in-liΩ$$™cense a triple reuptake inhibito ←πr (TRI), TNX-1600 (formerly D-57ε©×8), to treat posttraumatic stress disorder© (PTSD) and potentially other central nervous δ♣&system (CNS) disorders. ₽"÷×The compound was developed and pha↔σ×λrmacologically characterized by Aloke "§×Dutta, Ph.D., professor of Pharmaceut©£ical Sciences at Wayne State University, with fuβ$¥nding from a National Instiσ✔tutes of Health grant (grant numb¥™er MH084888), and the patents covering the co™™¥♠mpounds were licensed to TRImaran Pharma, Inc.& (TRImaran). The transaction announσ>ced today is a license φ≈✔agreement with Wayne State and an asset£↕ acquisition with TRImaran.“We are excited to expand our pipel₹✘±≠ine and are looking forwar$d to developing TNX-1600 as a pot¶≠φ ential treatment for PTSD,” said Seth Led × αerman, M.D., Tonix's President a>≠≈nd Chief Executive Of§₩&ficer. “We plan to utili✔✘™ze our clinical exper→φσience in PTSD to evalua←α§te the therapeutic benefit of T♥♠NX-1600. PTSD is a heterogeneous condition, so "$₹λwe believe different PTSD patients may respon♦¶β§d to different medicines. In some cases, more tγ≠←han one drug will be required for e∏γffective treatment. TNX-1600 is our ¥✘•third drug candidate in developme¥↓€•nt for PTSD. Our most advanced ca₽→ndidate is TNX-102 SL, which is in Ph©®↔ase 3 development. We are also de↔ veloping TNX-601 which is entering a Phase 1 tria ∞Ωσl imminently. TNX-1600 is in th₹☆e pre-IND phase of development with encou'→₩raging data from animal m≈₩♥odels of PTSD.”Frank Bymaster, Ch€Ω<ief Scientific Officer and co-founder $↑of TRImaran Pharma Inc. said, “TNX-1600 is a n ©ovel TRI that inhibits si≥λπmultaneously the reuptake of three α≠★key neurotransmitters: s≠✘★<erotonin, norepinephrine and dopamine. Each of tαγ↑∞hese three neurotransmitters pl ∏'ays a key modulatory role in many CN∞≠ S processes. Inhibiting reuptake of all three mayσ↔Ω provide an effective treatment for PTSD• ↓φ.”According to Dr. Aloke Dutta, “We have developδγ₽γed an innovative triple reuptake inhibitor, D≤≈¥-578, based on a unique pyran molecul¶ar scaffold to address the current tαβ ♠herapeutic needs for PTSD and ot✔'' her neurological disorderφ≤s. Based on our preliminary data, weα₽↓≈ expect a pharmacological synergy from their σ↑™♣potent modulatory effect on the level of φλ≈monoamine neurotransmitters in the br♠≠ain which should facilitate effect★≤♠ive treatment of these disorders.”Under the te€≠↕rms of the agreement, To♥π∏€nix has been granted an exclusive license '©>from Wayne State University for technology andπ÷ patents related to TNX-160γ0 and other pyran-based compounds. An✘>other member of the cπ✘αlass, D-473, has also shown effects in¥€ a rodent model of depression.the 2019 Asia-paciγσfic Pharmaceutical IP Leader Summ♣"Ω±it will be held in Beijing on Novembe©>β↓r 14-15, and will attract more tδ©han 500 industry exp♠δ>≤erts from domestic and foreign pharmaceutical×★α∑ companies, biotechnology companies, g•≠₩♥overnments, associations, law firms, intellec↑©>←tual property agents and other coαφ♥♥mpanies to attend. 2019 Asia-pacific ∑ΩPharmaceutical IP Leader Summit Official regλ' istration and consultation channels:Contact:AnnP>←♠γhone: 021-65650305Em✔ail:Marketing@zenseegroup.c× omhttp://en.zenseegroup.com/p/510934/