Business
Tonix Pharmaceuticals Announces Appointment of Richard H. Bagger to Board of Directors
NEW YORK, June 10, 2020 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical
About this update from Tonix Pharmaceuticals Holding Corp.
[{"type":"text","content":"NEW YORK, June 10, 2020 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced the appointment of Richard H. Bagger to its Board of Directors, effective as of June 9, 2020. Mr. Bagger assumes the seat held by John Rhodes, who has stepped down from the position of company director that he has held since 2011.\n \"Rich brings significant experience in healthcare having served in key senior strategic roles at Celgene and Pfizer, and also brings a wealth of public affairs experience at the state, federal and international levels,” said Tonix President and Chief Executive Officer Dr. Seth Lederman. \"Rich will add a unique and vital perspective to our Company and we look forward to working with Rich in our ongoing efforts to advance our pipeline of both clinical and preclinical candidates targeting a variety of underserved CNS and immunological indications.\" “I’m excited to join the Tonix board because I believe the Company is at an important point as it expands the scope of its research and drug development programs,” said Mr. Bagger. “I look forward to working with my fellow directors and the Tonix senior management team, helping provide strategic guidance for the Company’s efforts.” “It has been my privilege to have worked with the board and management team of Tonix and to have contributed to the development of the company,” said Mr. Rhodes. “I look forward to watching Tonix transition through its next phase of development.” Dr. Lederman commented, “On behalf of the executive team and the Board, we thank John for the integral role he played in the development of Tonix and his thoughtful guidance and support over the years. We wish him continued success in his future endeavors.” Mr. Bagger is a Partner and Executive Director of Christie 55 Solutions, LLC, a New Jersey-based consulting firm that provides strategic counsel and consulting services to assist clients with business strategies and opportunities, and with complex public policy and regulatory challenges at the state, federal and international levels. Mr. Bagger is also an adjunct faculty member at the Rutgers University Eagleton Institute. During over 25 years in the healthcare sector, Mr. Bagger served as the senior most global corporate affairs executive for two major biop...