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Why Tonix Pharmaceuticals Holding Is Rising Today

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Why Tonix Pharmaceuticals Holding Is Rising Today
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Troubled biotech Tonix Pharmaceuticals Holding (Nasdaq:TNXP) wasn't having a bad time of it on Monday. In mid-afternoon, the shares were trading marginally higher, likely because of the announcement of a new company facility. Tonix divulged in a press release that on Tuesday, it will conduct a groundbreaking ceremony at a new manufacturing facility in southeastern Massachusetts.