Published on 18 Jun 2024 on Benzinga · via Yahoo Finance
Nano-Cap Tonix Pharmaceuticals Secures Large US Department of Defense Contract
Nano-Cap Tonix Pharmaceuticals Secures Large US Department of Defense Contract
On Monday, Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) was awarded an Other Transaction Agreement (OTA) with a potential value of up to $34 million over five years by the Defense Threat Reduction Agency (DTRA), an agency within the U.S. Department of Defense (DoD).
According to data from Benzinga Pro, the shares are trading on a strong session volume of 5.74 million and have a market cap of $4.9 million.