With limited cash flow, Tonix Pharmaceuticals Holding Corp. is shelving development of its sublingual formulation of the muscle relaxer cyclobenzaprine in fibromyalgia to focus on post-traumatic stress disorder, because of greater clarity in terms of the regulatory path forward.
On Sept. 6, the New York-based firm reported that TNX-102 SL, a sublingual formulation of cyclobenzaprine designed to evade first-pass...