TONIX (TNXP) Lands Second Managed Medicare Deal for Fibromyalgia Drug Tonmya

Tonix says a second managed Medicare agreement adds about 21 million lives, lifting total payer coverage for Tonmya to roughly 166 million U.S. lives.

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Tonix's Tonmya is the first new prescription treatment approved for fibromyalgia in more than 15 years.

Tonix Pharmaceuticals (TNXP) said it has signed a second major managed Medicare agreement for Tonmya, its sublingual cyclobenzaprine tablet for fibromyalgia in adults. The deal is effective immediately and adds roughly 21 million Medicare lives, or 38% of the approximately 55 million Medicare lives in the United States.