Quarterly report pursuant to Section 13 or 15(d)

LICENSE AGREEMENTS WITH COLUMBIA UNIVERSITY

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LICENSE AGREEMENTS WITH COLUMBIA UNIVERSITY
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
LICENSE AGREEMENTS WITH COLUMBIA UNIVERSITY

NOTE 12 – LICENSE AGREEMENTS WITH COLUMBIA UNIVERSITY

 

On February 13, 2023, Tonix exercised an option to obtain an exclusive license from Columbia University (“Columbia) for the development of a portfolio of both fully human and murine mAbs for the treatment or prophylaxis of SARS-CoV-2 infection, including our TNX-3600 and TNX-4100 product candidates, respectively. The licensed mAbs were developed as part of a research collaboration and option agreement between Tonix and Columbia. As of March 31, 2024, other than the upfront fee, no payments have been accrued or paid in relation to this agreement.