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Tenax Therapeutics, Inc.

$17.55

-0.77 (-4.2%)

C 41Pipeline Score Fair Value Pharma · Clinical
Market Cap
321.75 M
EPS
-1.40
P/E Ratio
-
Value Trade
6.08 M
SEC Financials
Q1 2026
  • Dilution Risk

    5%
  • Revenue

    -

  • R&D Expenses

    11.54 M

  • Operating CF

    -9.31 M


  • Total Assets

    123.18 M

  • Total Liabilities

    8.49 M

  • Equity

    114.69 M

  • D/E Ratio

    12,345

3.32 %
Week
-11.46 %
1 Month
-2.57 %
3 Month
55.71 %
6 Month
-99.61 %
5 Year
-100 %
All Time
Cash Data
Healthy
  • Cash Position

    118.80 M

  • Monthly Burn

    3.10 M

  • Runway

    36.6 mo

  • Burn Trend

    Stable
  • SEC Filing

    May 12, 2026
Overview
Volume
1.05 M
52 Week Range
5.34 - 18.38
% held by Insiders
9.26 %
% held by Institutions
67.5 %
Enterprise Value
203.00 M
Total Shares
6.24 M
Short %
31.97 %
Float Shares
5.59 M
Company Description
HQ: 101 GLEN LENNOX DRIVE, CHAPEL ...
Employees:16

locked

Upcoming Catalyst
Catalyst Drug/Treatment Stage Probability of Approval Description Drug Type Therapeutic Area Source
[Not provided] [Not provided]
Phase 3

Subscribe to access the data.

Small Molecules
Cardiovascular System
[Not provided] [Not provided]
Phase 3

Subscribe to access the data.

Small Molecules
Cardiovascular System
[Not provided] [Not provided]
Phase 3

Subscribe to access the data.

Small Molecules
Cardiovascular System
Unlock Upcoming Catalyst data

Catalyst Timeline

Dated clinical, regulatory & corporate events for Tenax Therapeutics, Inc.

247Total events
5Upcoming
30Tier-1 (high impact)
2009 – 2027Coverage

Upcoming catalysts 5

Aug 2026
T1Topline Readout
Topline LEVEL results expected in August 2026
TNX-103pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF)Phase 3
Aug 29, 2026
T1Late-Breaker
Late-breaking presentation of LEVEL trial data at ESC Congress 2026
TNX-103pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF)Phase 3
2027
T2Enrollment Complete
LEVEL-2 enrollment expected to complete by end of 2027
TNX-103pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF)Phase 3
2027
T2Runway Guidance Update
Cash runway through end of 2027
2026-H1
T2Enrollment Complete
Enrollment completion of 230 patients in Phase 3 LEVEL study expected in first half of 2026
TNX-103PH-HFpEFPhase 3

Event history 242

Q3 2026
Topline ReadoutTNX-103Clinical Data
Topline data from LEVEL expected in second half of 2026
pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF)source ↗
Jun 2026
Topline ReadoutTNX-103Clinical Data
Topline data expected middle of 2026 from LEVEL study
PH-HFpEFsource ↗
May 12, 2026
Quarterly UpdateCorporate
First quarter 2026 financial results reported
May 12, 2026
Runway Guidance UpdateCorporate
Cash runway extended to at least Q1 2028
May 12, 2026
Management ChangeCorporate
Appointments of Thomas Staab as CFO and Timothy Healey as Chief Commercial Officer
May 11, 2026
Management ChangeCorporate
Appointment of Thomas R. Staab, II as Chief Financial Officer
May 4, 2026
Management ChangeCorporate
Appointment of Timothy Healey as Chief Commercial Officer
Q2 2026
Topline ReadoutTNX-103Clinical Data
Topline data from LEVEL study expected mid-2026
PH-HFpEFsource ↗
Mar 2026
Enrollment CompleteTNX-103Trial
Completed randomization of more than 230 patients in Phase 3 LEVEL study
PH-HFpEFsource ↗
Mar 10, 2026
Oral PresentationPresentation
Fireside chat at 2026 Leerink Partners Global Healthcare Conference
Mar 10, 2026
Quarterly UpdateCorporate
Reported Q4 and full year 2025 financial results
Mar 2026
Enrollment CompleteTNX-103Trial
Enrollment completed for LEVEL trial
pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF)source ↗
Drug Pipeline Intelligence
C41
Pipeline Score
$446M
Pipeline Value
Fair Value
Valuation Signal
2
Drugs Scored
1.4x
rNPV / MCap
Top 58%
Micro Cap
(rank 384 of 911)
Percentile Rank
Tenax Therapeutics, Inc. carries a moderate pipeline score (41/100), with $1.1B risk-adjusted pipeline value, led by TNX-103 in Pulmonary Hypertension Associated With HFpEF (Phase 3).
Showing 1 of 1 assets
DrugIndicationPhaseNCT IDPTRSrNPVStatusEnrollmentVelocityDesignCompletionML SignalLast Change
TNX-103
Small molecule
Pulmonary HypertensionPhase 3NCT0598325043% $742M RECRUITING 230 STALLED B (70) Oct 1, 2028MODERATE_RISKLOW
May 26, 2026
Unlock Drug Pipeline Intelligence
Clinical Trial Results
Drug Name Indications Phase Date Trial Results Summary Title Source
TNX-103
pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF)
Phase 3
2025-12-18

powered at well over 90% to detect a 25 meter change in 6-minute walk distance (6MWD); result of less than the assumed 55 meters

Read More

Tenax Therapeutics Announces Result of Prespecifed Blinded Sample Size Assessment

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TNX-103
pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF)
Phase 3
2025-12-18

powered at well over 90% to detect a 25 meter change in 6-minute walk distance (6MWD); result of less than the assumed 55 meters

Read More

Tenax Therapeutics Announces Result of Prespecifed Blinded Sample Size Assessment

Read More
TNX-103
pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF)
Phase 3
2025-12-18

powered at well over 90% to detect a 25 meter change in 6-minute walk distance (6MWD); result of less than the assumed 55 meters

Read More

Tenax Therapeutics Announces Result of Prespecifed Blinded Sample Size Assessment

Read More
Unlock Clinical Trial Results data
Inside Trades
TREND
CORPORATE INSIDERS BOUGHT SHARES WORTH 1.8M IN THE LAST 3 MONTHS
YEARLY INSIDER TRANSACTIONS
Sector Avg.
INSIDERS
SOLD
INSIDERS
BOUGHT
POSITIVE SENTIMENT Based on 22 Insiders Transactions
Unlock Inside Trades data
Hedge Funds
TREND
HEDGE FUNDS INCREASED HOLDINGS BY 200.0K SHARES IN THE LAST QUARTER
Shares Held
2040.00B1530.00B1020.00B510.00B0
Q3
2024
Q4
2024
Q1
2025
Q2
2025
HEDGE FUNDS
SOLD
HEDGE FUNDS
BOUGHT
POSITIVE SENTIMENT Based on 27 hedge funds in the last quarter
18 buying (3 new)·9 selling (1 exited)·2 unchanged
Fund Count
60%
Share Volume
25%
Conviction
15%
HedgeFund Name
( 3 )
% of Portfolio Current MV
-
Shares Owned
-
Activity
Avg Price $0

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K
Unlock Hedge Funds table data
TENX Institutional Ownership Trends
Current Insider %
5.20%
+0.00%
Current Institutional %
62.40%
+0.00%
Total Ownership
67.60%
Insider + Institutional
Data Points
1
1 Ticker(s)
Option Chain Statistics
ExpirationVolumeOpen InterestImplied Volatility CallsImplied Volatility Puts
CallsPutsPut-Call RatioCallsPutsPut-Call RatioIVOiWaIvVWaIvIVOiWaIvVWaIv
2026-07-170 0.00 0 0 - - - - - -
2026-07-170 0.00 0 0 - - - - - -
2026-07-170 0.00 0 0 - - - - - -
Unlock Option Chain Statistics data
Option Chain
CallsStrikePuts
Last PriceVolumeOpen InterestLast PriceVolumeOpen Interest
No data available
Unlock Option Chain data
Unlock Options Chart data
Open interest
0 600K 1.2M 1.8M Avg OI 1.00 M Open Interest
0 1 2 3 1.1 Put-Call Ratio
Today's Open Interest
1.00 M
Put-Call Ratio
1.1
Put Open Interest
480.00 K
Call Open Interest
520.00 K
Open Interest Avg (30-day)
900,000
Today vs Open Interest Avg (30-day)
11.11%
Option Volume
0 450K 900K 1.4M Avg OV 750.00 K Option Volume
0 1 2 3 0.95 Put-Call Ratio
Today's Volume
750.00 K
Put-Call Ratio
0.95
Put Volume
360.00 K
Call Volume
390.00 K
Volume Avg (30-day)
800,000
Today vs Volume Avg (30-day)
-6.25%
Company News
TENX
Jul 2, 2026
TENXPhases
▲ +16.3%on this news· ran to +33% by day 3

Tenax Therapeutics Announces Late-Breaking Presentation of LEVEL Clinical Trial Data at ESC Congress 2026

Tenax Therapeutics announced that results from its Phase 3 LEVEL clinical trial will be presented at the ESC Congress 2026. The company expects to report topline results in August 2026, following a successful enrollment of over 230 patients. The trial evaluates TNX-103 in patients with pulmonary hypertension due to heart failure with preserved ejection fraction.

Read more →
TENX
May 12, 2026
TENXGeneral

Tenax Therapeutics Reports First Quarter 2026 Financial Results and Provides Corporate Update On track to report topline data from Phase 3 LEVEL study of TNX-103 in third quarter of 2026 Global Phase 3 LEVEL-2 clinical t

Tenax Therapeutics, Inc. reported its financial results for Q1 2026, highlighting progress in its Phase 3 LEVEL study of TNX-103, with topline data expected to be released in Q3 2026. The company is enhancing its leadership team and reports a strong cash position of $118.8 million, expected to fund operations through the first quarter of 2028. Despite an increased net loss and rising R&D expenses, Tenax remains committed to advancing its cardiopulmonary therapies.

Read more →
TENX
May 8, 2026
TENXGeneral

Tenax Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Tenax Therapeutics announced the awarding of inducement stock options to four new non-executive employees as part of their employment package. The options, totaling 657,500 shares, will vest over time and were approved by the Board's Compensation Committee. This move aligns with Nasdaq Listing Rule 5635(c)(4) and reflects the company's commitment to enhancing its clinical operations and product development.

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TENX
May 4, 2026
TENXGeneral

Tenax Therapeutics Appoints Timothy Healey, MBA as Chief Commercial Officer

Tenax Therapeutics has appointed Timothy Healey as Chief Commercial Officer, effective immediately. Healey brings a wealth of experience in drug launches and commercialization strategies, aiming to prepare Tenax and its product TNX-103 for market success. His previous roles include leadership positions at Eversana and Lantheus, emphasizing his capability in the pharmaceutical sector.

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TENX
Apr 22, 2026
TENXGeneral

Tenax Therapeutics Appoints Thomas R. Staab, II as Chief Financial Officer Mr. Staab has over 25 years of financial and executive experience across the healthcare industry

Tenax Therapeutics has appointed Thomas R. Staab, II as the new Chief Financial Officer, effective May 11, 2026. Mr. Staab brings over 25 years of experience in financial leadership within the healthcare industry and succeeds Thomas McGauley, who served as interim CFO since December 2024. His appointment comes at a pivotal time for Tenax as the company expands its global registrational program and advances its development of levosimendan for treating PH-HFpEF patients.

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TENX
Mar 10, 2026
TENXPhases
▲ +31.7%on this news

Tenax Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Corporate Update Achieved randomization target of 230 patients in LEVEL study, topline data expected in third quarter of 2026 In

Tenax Therapeutics reported its financial results for Q4 and the full year of 2025, highlighting that it has reached its target of randomizing 230 patients in the Phase 3 LEVEL study. The company also initiated the global Phase 3 LEVEL-2 trial for its drug TNX-103, which aims to address pulmonary hypertension in heart failure with preserved ejection fraction. Despite significant progress, the company reported a net loss of $52.6 million for 2025, alongside rising expenses in research and development.

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TENX
Mar 3, 2026
TENXConferences/Events

Tenax Therapeutics to Participate in the 2026 Leerink Partners Global Healthcare Conference

Tenax Therapeutics will participate in the 2026 Leerink Partners Global Healthcare Conference from March 8-11, 2026, in Miami, FL. The company's executives, including the CEO and CMO, will engage in a fireside chat on March 10, 2026. This event aims to showcase Tenax's advancements in cardiopulmonary therapies, particularly for pulmonary hypertension.

Read more →
TENX
Feb 4, 2026
TENXConferences/Events

Tenax Therapeutics to Participate in the Guggenheim Emerging Outlook Biotech Summit 2026

Tenax Therapeutics will participate in the Guggenheim Emerging Outlook: Biotech Summit 2026, scheduled for February 11-12, 2026, in New York. The company's President and Chief Executive Officer, Chris Giordano, along with Chief Business Officer Douglas Randall, will engage in a fireside chat. This event presents an opportunity for Tenax to highlight its development-stage cardiopulmonary therapies.

Read more →
TENX
Dec 18, 2025
TENXPhases
▲ +8.7%on this news

Tenax Therapeutics Announces Result of Prespecifed Blinded Sample Size Assessment

Tenax Therapeutics announced that the prespecified Blinded Sample Size Re-estimation for its LEVEL study shows it is adequately powered to detect significant changes in the primary endpoint. The company confirmed that enrollment is on track to complete in the first half of 2026, with topline data expected later that year. Additionally, Tenax has initiated the LEVEL-2 study, further advancing its clinical program for TNX-103 in treating pulmonary hypertension.

Read more →
TENX
Nov 25, 2025
TENXConferences/Events

Tenax Therapeutics to Participate in Upcoming Investor Conferences

Tenax Therapeutics, a development-stage pharmaceutical company, will present at two investor conferences in December 2025. The conferences include the 8th Annual Evercore Healthcare Conference and the Piper Sandler 37th Annual Healthcare Conference, where key executives will participate in fireside chats. The company is focused on developing novel therapies for cardiopulmonary conditions and holds global rights to the drug levosimendan, targeting pulmonary hypertension with no approved treatments currently available.

Read more →
TENX
Nov 13, 2025
TENXGeneral

Tenax Therapeutics Reports Third Quarter 2025 Financial Results and Provides Corporate Update Phase 3 LEVEL Study Ongoing, Enrollment Completion (230 Patients) Expected in First Half of 2026, with Topline Data Expected i

Tenax Therapeutics reported its financial results for Q3 2025 alongside updates on its clinical programs. The company is advancing the Phase 3 LEVEL study for its lead product TNX-103 in patients suffering from pulmonary hypertension with preserved ejection fraction (PH-HFpEF), with plans to complete enrollment of 230 patients in the first half of 2026. Additionally, Tenax is preparing to initiate a second Phase 3 study, LEVEL-2, later this year. Financially, Tenax reported a net loss of $15.8 million for the quarter, significantly higher than in the same period in the previous year.

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TENX
Nov 6, 2025
TENXConferences/Events

Tenax Therapeutics to Host Virtual KOL Call to Discuss TNX-103 (Oral Levosimendan) for the Treatment of PH-HFpEF

Tenax Therapeutics is set to host a virtual KOL call on November 13, 2025, to discuss TNX-103, an oral formulation of levosimendan, aimed at treating pulmonary hypertension in heart failure with preserved ejection fraction (PH-HFpEF). The call will feature notable experts in cardiovascular medicine and will provide insights into the treatment landscape and the ongoing Phase 3 studies: LEVEL and LEVEL-2. The company is optimistic about the outcomes as enrollment continues in the North American LEVEL study, with the global LEVEL-2 study expected to initiate in 2025.

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TENX
Nov 3, 2025
TENXConferences/Events

Tenax Therapeutics to Participate in the Guggenheim 2nd Annual Healthcare Innovation Conference

Tenax Therapeutics, a Phase 3 development-stage pharmaceutical company, announced its participation in the Guggenheim 2nd Annual Healthcare Innovation Conference, scheduled for November 10-12, 2025, in Boston. The presentation will feature CEO Chris Giordano and CMO Stuart Rich in a fireside chat format. This event highlights Tenax's focus on developing cardiopulmonary therapies, particularly its work on levosimendan for treating pulmonary hypertension.

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TENX
Sep 16, 2025
TENXGeneral

Tenax Therapeutics Announces European Patent Office Intention to Grant Patent Covering Use of Levosimendan in PH-HFpEF Provides Patent Protection in Europe Through at Least December 2040 Further IP Protection for TNX-103

Tenax Therapeutics announced that the European Patent Office intends to grant a patent for the use of levosimendan in treating pulmonary hypertension associated with heart failure with preserved ejection fraction (PH-HFpEF). This patent will grant intellectual property protection in Europe until at least December 2040, potentially extending beyond that. The decision supports Tenax's development of TNX-103 and other formulations of levosimendan, as the company prepares for its Phase 3 study, LEVEL-2, aimed at gaining regulatory approval for its treatment.

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TENX
Aug 28, 2025
TENXConferences/Events

Tenax Therapeutics to Participate in the Cantor Global Healthcare Conference 2025

Tenax Therapeutics, Inc. will participate in the Cantor Global Healthcare Conference 2025 held in New York from September 3-5, 2025. The fireside chat featuring CEO Chris Giordano and CMO Stuart Rich, M.D., is scheduled for September 4 at 10:20 a.m. ET. This event will allow the company to share insights about its development-stage treatments, particularly for cardiopulmonary therapies. Tenax is known for its work on levosimendan, which aims to address pulmonary hypertension.

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TENX
Aug 13, 2025
TENXPhases

Tenax Therapeutics Reports Second Quarter 2025 Financial Results and Provides Corporate Update Phase 3 LEVEL Study Ongoing, Enrollment Completion (230 Patients) Expected in First Half of 2026, with Topline Data Expected

Tenax Therapeutics has reported its financial results for the second quarter of 2025, indicating significant progress in its clinical development efforts. The ongoing Phase 3 LEVEL study of TNX-103 is expected to complete enrollment of 230 patients in the first half of 2026, while plans for a second Phase 3 study (LEVEL-2) are on track for initiation this year. Despite reporting a net loss of $10.9 million, the company maintains a robust cash position, anticipated to fund operations until 2027. Recent advancements include the publication of a LEVEL protocol design paper and positive updates regarding patent applications.

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TENX
May 14, 2025
TENXPhases

Tenax Therapeutics Reports First Quarter 2025 Financial Results and Provides Corporate Update Phase 3 LEVEL Enrollment Completion for TNX-103 in PH-HFpEF Targeted Around Year-End 2025, with Topline Data Expected Middle o

Tenax Therapeutics released its financial results for the first quarter of 2025 and provided updates on its corporate activities. The company expects to complete enrollment for its Phase 3 LEVEL study of TNX-103 by the end of 2025, with topline data anticipated in mid-2026. Additionally, Tenax plans to initiate a second Phase 3 study, LEVEL-2, later this year. Despite a reported net loss of $10.4 million in Q1, the company maintains a strong cash position of $111.4 million.

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TENX
Mar 31, 2025
TENXConferences/Events

Tenax Therapeutics to Participate in the 24th Annual Needham Virtual Healthcare Conference

Tenax Therapeutics, Inc. will present at the 24th Annual Needham Virtual Healthcare Conference from April 7-10, 2025. The corporate presentation is scheduled for April 7 at 3:45 p.m. ET and will feature key executives including the CEO and CMO. The event offers Tenax an opportunity to showcase its innovative cardiopulmonary therapies, particularly the development of levosimendan for treating PH-HFpEF. The live and archived webcast will be accessible through the company's investor relations webpage.

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TENX
Mar 25, 2025
TENXGeneral

Tenax Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Corporate Update Successfully Completed Private Placements with Aggregate Gross Proceeds of Approximately $125 Million to Suppor

Tenax Therapeutics reported its fourth quarter and full year 2024 financial results, highlighting significant fundraising successes and advancements in its clinical trials. The company raised approximately $125 million through private placements to support the development of its drug candidate TNX-103. Tenax is expanding its Phase 3 LEVEL study and anticipates completing enrollment by the end of 2025, with topline data expected in mid-2026. However, they also reported increased net losses and rising R&D expenses associated with their ongoing studies.

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TENX
Mar 5, 2025
TENXPhases

Tenax Therapeutics Expands Phase 3 LEVEL Program, Advancing Two TNX-103 (Oral Levosimendan) Registrational Studies for the Treatment of PH-HFpEF

Tenax Therapeutics has received FDA approval to expand its Phase 3 LEVEL study for TNX-103 (oral levosimendan) and initiate a second global trial, LEVEL-2. The expansion increases patient enrollment from 152 to 230, enhancing the statistical power to over 95%. Patient retention in the LEVEL study has been promising, with over 95% adhering to the treatment. The dual Phase 3 studies are expected to provide critical safety data for marketing authorization applications in the U.S. and other regions.

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TENX
Mar 5, 2025
TENXGeneral

Tenax Therapeutics Announces $25 Million Private Placement

Tenax Therapeutics has announced a $25 million private placement agreement with RTW Investments, aimed at supporting its clinical developments. The private placement involves the issuance of shares and pre-funded warrants, expected to close on March 5, 2025. The proceeds will primarily be used for advancing Phase 3 clinical trials, as well as for general corporate purposes. The offering is subject to customary closing conditions and has not been registered under the Securities Act, raising potential regulatory considerations.

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TENX
Mar 3, 2025
TENXConferences/Events

Tenax Therapeutics to Participate in the Leerink Partners 2025 Global Healthcare Conference

Tenax Therapeutics, Inc. announced its upcoming participation in the Leerink Partners 2025 Global Healthcare Conference, scheduled for March 10-12, 2025, in Miami, FL. The company's President and CEO, Chris Giordano, along with Chief Medical Officer Stuart Rich, will participate in a fireside chat. This event highlights Tenax's focus on developing products for cardiovascular and pulmonary diseases. The live presentation can be accessed via the company's investor relations webpage.

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TENX
Jan 31, 2025
TENXConferences/Events

Tenax Therapeutics to Participate in the Guggenheim SMID Cap Biotech Conference

Tenax Therapeutics, a Phase 3 pharmaceutical company, announced its participation in the Guggenheim SMID Cap Biotech Conference on February 5-6, 2025. The company will engage in a fireside chat and hold one-on-one meetings with investors. Tenax is focused on developing products for cardiovascular and pulmonary diseases, including levosimendan.

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TENX
Jan 22, 2025
TENXGeneral

Tenax Therapeutics Appoints Gillian Andor Vice President, Clinical Operations

Tenax Therapeutics has appointed Gillian Andor as Vice President of Clinical Operations. With over 20 years of experience, Andor will lead the Clinical Operations function, supporting the ongoing Phase 3 LEVEL study for oral levosimendan in treating pulmonary hypertension. Her expertise is expected to accelerate the company's clinical development and regulatory preparations.

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TENX
Nov 13, 2024
TENXPhases

Tenax Therapeutics Reports Third Quarter 2024 Financial Results and Provides a Corporate Update

Tenax Therapeutics reported strong financial results for Q3 2024, raising $100 million in a private placement. The company is actively enrolling patients in its Phase 3 LEVEL study, which aims to evaluate levosimendan for treating pulmonary hypertension with heart failure. Despite a net loss of $4 million, Tenax has sufficient cash to support operations through 2027.

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TENX
Oct 31, 2024
TENXConferences/Events

Tenax Therapeutics to Present at the Guggenheim Healthcare Innovation Conference

Tenax Therapeutics, a Phase 3 pharmaceutical company, will present at the Guggenheim Healthcare Innovation Conference in Boston from November 11-13, 2024. CEO Chris Giordano is scheduled to discuss the company's progress, particularly regarding levosimendan. Investors can attend the session live or via webcast, with details available on the company's investor relations webpage.

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TENX
Aug 13, 2024
TENXGeneral
▲ +11.6%on this news

Tenax Therapeutics Reports Second Quarter 2024 Financial Results and Provides a Corporate Update Raised Gross Proceeds of Approximately $100 Million in a Private Placement with Leading Institutional Healthcare Investors

Tenax Therapeutics reported its financial results for the second quarter of 2024, highlighting a significant capital raise of approximately $100 million through private placement. The company continues to enroll patients in its Phase 3 LEVEL study, focusing on the treatment of pulmonary hypertension with preserved ejection fraction (PH-HFpEF). Additionally, Tenax secured important intellectual property rights for levosimendan and conducted a KOL event to discuss unmet medical needs in heart failure. Despite a net loss of $3.6 million, the company's ongoing developments indicate a commitment to addressing high unmet medical needs in cardiovascular health.

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TENX
Aug 12, 2024
TENXPhases
▼ -10.9%on this newsshared move

Tenax Therapeutics Announces Closing of $100 Million Private Placement and Plans to Accelerate the Oral Levosimendan Phase 3 Program

Tenax Therapeutics has successfully closed a $100 million private placement to advance its oral levosimendan Phase 3 development program. The funding will support the ongoing LEVEL study and initiate a second Phase 3 study planned for 2025. This financing reflects strong investor confidence in levosimendan's potential to improve outcomes for patients with pulmonary hypertension due to heart failure with preserved ejection fraction.

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TENX
Aug 6, 2024
TENXGeneral
▲ +28.8%on this news

Tenax Therapeutics Announces Oversubscribed $100 Million Private Placement

Tenax Therapeutics announced an oversubscribed private placement expected to raise approximately $100 million. The financing, led by BVF Partners LP, will support ongoing clinical trials, including the Phase 3 LEVEL trial for levosimendan. The placement is set to close on August 8, 2024, pending customary conditions.

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TENX
May 14, 2024
TENXPhases

Tenax Therapeutics Reports First Quarter 2024 Financial Results and Provides a Corporate Update Currently Enrolling Patients in Phase 3 LEVEL Study with 24 Investigative Sites Initiated Secured Global Development and Com

Tenax Therapeutics has reported its financial results for the first quarter of 2024 and provided updates on its Phase 3 LEVEL Study for TNX-103 (oral levosimendan) targeting PH-HFpEF. Patient enrollment is ongoing in the study, which includes 24 investigative sites. The company has secured global commercial rights for levosimendan and received a new U.S. patent to strengthen its intellectual property position. However, Tenax reported a net loss of $3.8 million for the quarter, showing an increase in financial challenges as research and development costs rise.

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TENX
Apr 30, 2024
TENXFDA Updates
▲ +6.3%on this news

Tenax Therapeutics Announces New U.S. Patent Covering the Use of Levosimendan in Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF)

Tenax Therapeutics announced the granting of a new U.S. patent for levosimendan, covering its use in treating pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF). The patent includes protections for various administration methods and combinations with other cardiovascular drugs. This development is part of Tenax's strategy to address unmet medical needs in cardiovascular medicine.

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TENX
Apr 9, 2024
TENXConferences/Events

Tenax Therapeutics to Host KOL Event: “LEVEL Setting: the Scientific Rationale for Levosimendan as a Potential First Treatment for PH-HFpEF, and the Ongoing Phase 3 LEVEL Study”

Tenax Therapeutics is hosting a KOL event to discuss the potential of levosimendan in treating pulmonary hypertension due to heart failure with preserved ejection fraction (PH-HFpEF). The event will feature expert cardiologists who will explore the disease's pathophysiology and the ongoing Phase 3 LEVEL Study. Attendees will receive updates on the study and have the opportunity to engage in a Q&A session.

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TENX
Mar 28, 2024
TENXPhases
▲ +9.6%on this news

Tenax Therapeutics Provides Business and Clinical Development Updates with Full Year 2023 Financial Results First Patient Enrolled in Phase 3 LEVEL Trial Evaluating TNX-103 (oral levosimendan) for the Treatment of Pulmon

Tenax Therapeutics has announced significant advancements in its clinical development and business strategy, highlighted by the first patient enrollment in the Phase 3 LEVEL study evaluating TNX-103 for pulmonary hypertension associated with heart failure. The company has expanded its U.S. intellectual property rights for levosimendan, which may enhance its commercial prospects. With a recent public offering raising approximately $8 million, Tenax is set to further support its clinical initiatives. Despite the positive trajectory, the company reported a net loss in 2023, reflecting ongoing financial challenges.

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TENX
Mar 12, 2024
TENXConferences/Events

Tenax Therapeutics to Present at the 36th Annual Roth Conference

Tenax Therapeutics, Inc. will participate in the 36th Annual Roth Conference from March 17-19, 2024. CEO Chris Giordano is scheduled to present an update on the company's development of levosimendan during a fireside chat on March 18. In addition, the company will hold one-on-one investor meetings, offering opportunities for deeper discussions about its products and pipeline.

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TENX
Feb 29, 2024
TENXConferences/Events
▲ +10.9%on this news· ran to +21% by day 1

Tenax Therapeutics Announces Oral Presentation of Levosimendan for the Treatment of PH-HFpEF at THT 2024

Tenax Therapeutics has announced that Dr. Sanjiv Shah will present data on levosimendan for treating pulmonary hypertension due to heart failure with preserved ejection fraction (PH-HFpEF) at the THT 2024 conference in Boston. The presentation is scheduled for March 6, 2024, highlighting the drug's potential benefits for patients. Tenax is currently conducting the Phase 3 LEVEL study, which investigates levosimendan's efficacy and safety in this patient population. The presentation will draw attention from international heart failure experts, underscoring the ongoing innovation in heart failure treatment.

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TENX
Feb 20, 2024
TENXGeneral

Tenax Therapeutics Announces Global License Amendment that Significantly Expands Rights to Levosimendan Amendment to existing exclusive license agreement with Orion Corporation expands Tenax's territory rights from North

Tenax Therapeutics has announced a global license amendment with Orion Corporation, expanding its rights to levosimendan from North America to worldwide. This strategic move includes improved royalty terms and modified milestone provisions, particularly an additional payment upon regulatory approval in Japan. The expansion positions Tenax to establish potential global partnerships and enhance shareholder value as it advances levosimendan into Phase 3 testing for pulmonary hypertension with heart failure with preserved ejection fraction. However, the amendment excludes neurological indications from the company's commercialization rights, presenting a limitation to their market strategy.

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TENX
Feb 8, 2024
TENXGeneral
▼ -64.4%on this news

Tenax Therapeutics Announces Pricing of Approximately $9 Million Public Offering

Tenax Therapeutics, Inc. announced the pricing of its public offering, which aims to raise approximately $9 million by selling 1,600,000 shares and warrants for a common stock exercise. Proceeds will be used primarily to support the LEVEL trial, a Phase 3 study of their cardiac treatment levosimendan, as well as for general corporate purposes. The offering is set to close around February 12, 2024, pending the satisfaction of customary closing conditions. Roth Capital Partners is serving as the exclusive placement agent for the offering.

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TENX
Feb 7, 2024
TENXPhases
▲ +24.5%on this news· ran to -58% by day 3shared move

Tenax Therapeutics Enrolls First Patient in Phase 3 LEVEL Study Evaluating TNX-103 (Oral Levosimendan) for the Treatment of Pulmonary Hypertension in Heart Failure with Preserved Ejection Fraction (PH-HFpEF) Over 40 site

Tenax Therapeutics has successfully enrolled the first patient in its Phase 3 LEVEL study evaluating TNX-103 (oral levosimendan) for treating pulmonary hypertension in patients with heart failure and preserved ejection fraction (PH-HFpEF). Conducted across over 40 sites in the U.S. and Canada, the trial aims to gather data on 152 patients, with topline results expected in the second half of 2025. This study marks a pivotal step as no drugs have been approved by the FDA for PH-HFpEF to date, potentially positioning TNX-103 as a groundbreaking therapy in this area.

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TENX
Feb 6, 2024
TENXGeneral
▲ +31.3%on this newsshared move

Tenax Therapeutics Announces USPTO Grants Notice of Allowance for U.S. Patent Application, Significantly Broadening IP Protection for Use of Levosimendan in Pulmonary Hypertension with Heart Failure with Preserved Ejecti

Tenax Therapeutics announced that the USPTO has issued a Notice of Allowance for its patent application concerning levosimendan's use in Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF). This patent will extend U.S. intellectual property protection until December 2040 and covers multiple dosing routes and combinations with cardiovascular drugs. This is the third patent issued to the company since March 2023, highlighting its commitment to innovative treatments for cardiovascular diseases. The news comes alongside the initiation of Tenax's Phase 3 LEVEL study, which will further investigate the efficacy of levosimendan in improving exercise performance in affected patients.

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TENX
Dec 29, 2023
TENXGeneral
▼ -16.8%on this news· ran to -47% by day 3

Tenax Therapeutics Announces Reverse Stock Split

Tenax Therapeutics, Inc. has announced a reverse stock split of its common stock at a 1-for-80 ratio, effective January 2, 2024. This action, approved by stockholders, is intended to ensure compliance with Nasdaq's minimum bid price requirement. As a result of the split, the number of outstanding shares will drop significantly, affecting all shareholders uniformly. The adjustment will also include changes to the exercise prices of stock options and warrants, although the number of authorized shares will remain unchanged.

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TENX
Nov 17, 2023
TENXGeneral
▼ -9.2%on this news· ran to -22% by day 3

Tenax Therapeutics Announces Professor Javed Butler, M.D., M.P.H, M.B.A., joins PH-HFpEF Scientific Advisory Board

Tenax Therapeutics has announced the appointment of Dr. Javed Butler to its PH-HFpEF Scientific Advisory Board. Dr. Butler, a highly respected clinical trialist in cardiovascular medicine, brings extensive experience to the board alongside other notable cardiovascular leaders. The company also received FDA clearance to proceed with a Phase 3 trial for oral levosimendan, which is currently considered to have potential benefits for patients suffering from pulmonary hypertension with heart failure with preserved ejection fraction.

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TENX
Nov 13, 2023
TENXFDA Updates
▲ +297.4%on this news

Tenax Therapeutics Announces FDA Clearance of IND for TNX-103 (oral levosimendan) for the Treatment of Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF), Initiation of Phase 3 sites ex

Tenax Therapeutics has received FDA clearance for their Investigational New Drug application for TNX-103, an oral formulation of levosimendan, intended for treating pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF). This decision enables the initiation of the first Phase 3 study, termed the LEVEL Study, expected to begin in the fourth quarter of 2023. Notably, the FDA did not require a long-term cardiovascular outcomes trial for the drug, which could streamline the development process. The approval comes amidst a landscape where no FDA-approved therapies for PH-HFpEF currently exist, highlighting a significant unmet medical need.

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TENX
Jul 19, 2023
TENXGeneral
▲ +10.4%on this news

Tenax Therapeutics Issued U.S. Patent for Oral Levosimendan in Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF) New U.S. patent provides intellectual property (IP) protection until De

Tenax Therapeutics announced the issuance of a U.S. patent for oral levosimendan targeting pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF), set to expire in December 2040. This patent enhances its intellectual property portfolio in a market lacking approved treatments, with an estimated potential to generate substantial sales. The company aims to begin a Phase 3 trial for TNX-103 in 2023, seeking to demonstrate its efficacy in a significant patient population. As highlighted by executives, this development addresses a critical unmet medical need.

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TENX
May 31, 2023
TENXGeneral
▲ +13.3%on this news

Tenax Therapeutics Achieves Major Milestone as USPTO Grants Notice of Allowance for U.S. Patent Application Covering Use of Oral Levosimendan (TNX-103) in Pulmonary Hypertension with Heart Failure with Preserved Ejection

Tenax Therapeutics has achieved a major milestone with the U.S. Patent and Trademark Office granting a Notice of Allowance for its patent application covering the use of oral levosimendan (TNX-103) in treating pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF). This patent, expected to be granted by December 2040, will significantly bolster Tenax's intellectual property protection in a market with over 1.6 million affected patients in North America. As there are currently no FDA-approved treatments for this condition, the company aims to progress its oral formulation into Phase 3 trials in 2023, positioning it as a potential pioneer therapy in this high unmet medical need area.

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TENX
Apr 12, 2023
TENXPhases

Tenax Therapeutics Provides 2023 Business Update

Tenax Therapeutics has announced a strategic decision to prioritize the clinical development of TNX-103 (oral levosimendan) for treating pulmonary hypertension and heart failure with preserved ejection fraction (PH-HFpEF). This decision is driven by the significant unmet medical need and the absence of FDA-approved therapies for this condition. The company is set to initiate a Phase 3 trial for TNX-103 in 2023, capitalizing on an expanding intellectual property estate. Despite the positive developments, the timeline for a related Phase 3 trial of imatinib has been pushed beyond 2023 due to financial considerations.

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TENX
Apr 12, 2023
TENXPhases

Tenax Therapeutics Provides 2023 Business Update Company to prioritize the clinical development of TNX-103 (oral levosimendan) for the treatment of pulmonary hypertension and heart failure with preserved ejection fractio

Tenax Therapeutics has announced a business update focusing on the clinical development of TNX-103 (oral levosimendan) for pulmonary hypertension and heart failure with preserved ejection fraction (PH-HFpEF). The decision to prioritize this therapy follows a review indicating a significant unmet medical need, as there are currently no FDA-approved treatments for this condition. The company plans to initiate Phase 3 trials in 2023, aiming to address a considerable patient population. Additionally, Tenax's growing intellectual property portfolio supports their development efforts and potential market entry.

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TENX
Mar 22, 2023
TENXGeneral
▼ -5.4%on this news· ran to -20% by day 3

Tenax Announces Issuance of U.S. Patent Covering Use of IV Levosimendan in Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF) Patent provides intellectual property protection until Dece

Tenax Therapeutics has announced the issuance of a U.S. patent for IV levosimendan aimed at treating pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF). This patent strengthens the company’s intellectual property portfolio, which is crucial as it faces no existing FDA-approved treatments for this condition. The patent is effective until December 2040, enabling Tenax to explore various opportunities to advance levosimendan through clinical development and potential partnerships. Positive results from prior studies suggest that levosimendan may significantly improve exercise tolerance for patients suffering from PH-HFpEF, marking a potential breakthrough in treatment.

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TENX
Feb 3, 2023
TENXGeneral
▼ -20.8%on this news· ran to -40% by day 3

Tenax Therapeutics Announces Pricing of Approximately $15.6 Million Public Offering

Tenax Therapeutics, Inc. has announced the pricing of a public offering aimed at generating approximately $15.6 million. This will involve the issuance of shares and warrants, with proceeds designated for advancing the clinical development of treatments such as imatinib for pulmonary arterial hypertension and levosimendan for heart failure. The company's objectives include launching Phase 3 trials and securing regulatory approvals for these promising therapies, which are expected to address high unmet medical needs in their respective areas.

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TENX
Feb 1, 2023
TENXFDA Updates
▼ -20.3%on this newsshared move

Tenax Granted Notice of Allowance for U.S. Patent Application Covering Use of IV Levosimendan in Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF) Patent is expected to provide addition

Tenax Therapeutics has received a Notice of Allowance from the USPTO for its patent application regarding the use of IV levosimendan for treating PH-HFpEF. This patent protection, effective until 2040, enhances Tenax's intellectual property portfolio for a therapy addressing a condition currently without FDA-approved treatments. The patent is grounded in evidence from the HELP Study, which demonstrated significant improvements in exercise capacity for patients. The company aims to proceed with further development steps, as the FDA has validated important clinical endpoints.

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TENX
Jan 4, 2023
TENXGeneral

Tenax Therapeutics Announces Reverse Stock Split MORRISVILLE, NC

Tenax Therapeutics, Inc. has announced a 1-for-20 reverse stock split of its common stock, effective January 4, 2023. The decision follows approval by stockholders and aims to meet Nasdaq's minimum bid price requirements. The reverse split will reduce the number of outstanding shares while not altering stockholder ownership percentages significantly. The company continues to focus on its development of products for cardiovascular and pulmonary diseases.

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TENX
Oct 10, 2022
TENXConferences/Events

Positive Data Presented at HFSA Annual Meeting Demonstrate Effects of Oral Levosimendan in Patients with Pulmonary Hypertension and Heart Failure with Preserved Ejection Fraction (PH-HFpEF) MORRISVILLE, N.C.

Positive Data Presented at HFSA Annual Meeting Demonstrate Effects of Oral Levosimendan in Patients with Pulmonary Hypertension and Heart Failure with Preserved Ejection Fraction (PH-HFpEF) MORRISVILLE, N.C. October 10, 2022 (GLOBE NEWSWIRE) - Tenax Therapeutics, Inc. (Nasdaq:

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TENX
Sep 15, 2022
TENXGeneral

Tenax Therapeutics Announces the Evaluation of Strategic Alternatives MORRISVILLE, N.C.

tenx_ex991.htm EXHIBIT 99.1 Tenax Therapeutics Announces the Evaluation of Strategic Alternatives MORRISVILLE, N.C., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Tenax Therapeutics, Inc. (Nasdaq: TENX), a specialty pharmaceutical company focused on identifying, developing and commerciali

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TENX
May 23, 2022
TENXGeneral

Tenax Therapeutics Announces Successful Comparative Pharmacokinetic Study of TNX-201 for the Treatment of Pulmonary Arterial Hypertension TNX-201 (oral imatinib modified release tablets) Formulation Development has been

tenx_ex991.htm EXHIBIT 99.1 Tenax Therapeutics Announces Successful Comparative Pharmacokinetic Study of TNX-201 for the Treatment of Pulmonary Arterial Hypertension TNX-201 (oral imatinib modified release tablets) Formulation Development has been Successfully Completed Manu

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TENX
May 18, 2022
TENXGeneral

Tenax Therapeutics Announces $8 Million PIPE Offering Priced At-the-Market under Nasdaq Rules Morrisville, NC

PRESS RELEASE, DATED MAY 18, 2022 tenx_ex991.htm EXHIBIT 99.1 Tenax Therapeutics Announces $8 Million PIPE Offering Priced At-the-Market under Nasdaq Rules Morrisville, NC, May 18, 2022 - Tenax Therapeutics, Inc. (Nasdaq: TENX), a specialty pharmaceutical company focused on i

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TENX
Jan 31, 2022
TENXGeneral

Tenax Therapeutics Appoints Robyn Hunter to the Board of Directors Morrisville, NC

tenx_ex991.htm EXHIBIT 99.1 Tenax Therapeutics Appoints Robyn Hunter to the Board of Directors Morrisville, NC - January 31, 2022 -- Tenax Therapeutics, Inc. (Nasdaq: TENX), a specialty pharmaceutical company focused on identifying, developing, and commercializing products that

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TENX
Jan 24, 2022
TENXConferences/Events

TENAX THERAPEUTICS January 2022 I Corporate Presentation www.tenaxthera.com NASDAQ TENX Disclaimer Except for historical information, all the statements, expectations and assumptions contained in this presentation are fo

tenx_ex991.htm EXHIBIT 99.1 TENAX THERAPEUTICS January 2022 I Corporate Presentation www.tenaxthera.com NASDAQ TENX Disclaimer Except for historical information, all the statements, expectations and assumptions contained in this presentation are forward-looking statements. Actu

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TENX
Jan 12, 2022
TENXGeneral

Tenax Therapeutics Granted U.S. Patent for the Subcutaneous Use of Levosimendan (TNX-102) Provides Broad Coverage for Use of TNX-102 for the Treatment of Human Subjects with Any Health Condition Patent Term to 2039, Excl

tenx_ex991.htm EXHIBIT 99.1 Tenax Therapeutics Granted U.S. Patent for the Subcutaneous Use of Levosimendan (TNX-102) Provides Broad Coverage for Use of TNX-102 for the Treatment of Human Subjects with Any Health Condition Patent Term to 2039, Exclusive of Any Possible Exten

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TENX
Jan 4, 2022
TENXGeneral

Tenax Therapeutics Provides Update on TNX-102, TNX-103 and TNX-201 Clinical Programs Receives a Notice of Allowance of Multiple Patent Claims for TNX-102 (subcutaneous levosimendan) Successfully Completes IV to Oral Tran

PRESS RELEASE DATED JANUARY 4, 2022 tenx_ex991.htm EXHIBIT 99.1 Tenax Therapeutics Provides Update on TNX-102, TNX-103 and TNX-201 Clinical Programs Receives a Notice of Allowance of Multiple Patent Claims for TNX-102 (subcutaneous levosimendan) Successfully Completes IV to

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TENX
Jul 7, 2021
TENXGeneral

Tenax Therapeutics Announces CEO Transition and $10 Million PIPE Offering Priced At-the-Market under Nasdaq Rules – Anthony DiTonno Retires from Tenax; Christopher Giordano Appointed as CEO – Morrisville, N

Tenax Therapeutics Announces CEO Transition and $10 Million PIPE Offering Priced At-the-Market under Nasdaq Rules Anthony DiTonno Retires from Tenax; Christopher Giordano Appointed as CEO Morrisville, NC, July 7, 2021 Tenax Therapeutics, Inc. (Nasdaq: TENX), a specialty pha

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TENX
Apr 7, 2021
TENXConferences/Events

Tenax Therapeutics Announces Continuation of Board Refreshment Program as Three Long-Serving Directors Volunteer to Not Stand for Re-Election at the Upcoming 2021 Annual Meeting of Stockholders Morrisville, NC &#x2013

Tenax Therapeutics Announces Continuation of Board Refreshment Program as Three Long-Serving Directors Volunteer to Not Stand for Re-Election at the Upcoming 2021 Annual Meeting of Morrisville, NC April 7, 2021 Tenax Therapeutics, Inc. (Nasdaq: TENX), a specialty pharmaceutic

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TENX
Mar 2, 2021
TENXGeneral

Tenax Therapeutics, Inc. Expands Board of Directors ● New Board appointments strengthen Tenax with world-class expertise in cardiovascular drug development, commercial strategy, and business development ● N

Tenax Therapeutics, Inc. Expands Board of Directors New Board appointments strengthen Tenax with world-class expertise in cardiovascular drug development, commercial strategy, and business development New Directors will provide significant guidance as Tenax is poised to adva

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TENX
Jan 19, 2021
TENXGeneral

Tenax Therapeutics, Inc. Announces Transformative Acquisition of PH Precision Med ● Expands pipeline into Pulmonary Arterial Hypertension (PAH), a progressive, fatal orphan disease without a cure ● Imatinib

Tenax Therapeutics, Inc. Announces Transformative Acquisition of PH Expands pipeline into Pulmonary Arterial Hypertension (PAH), a progressive, fatal orphan disease without a cure Imatinib, a tyrosine kinase inhibitor (TKI), has been shown to block critical disease promoting

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TENX
Oct 15, 2020
TENXGeneral

Tenax Therapeutics Gains North American Rights to Oral Levosimendan through Expanded License Agreement with Orion Corporation ● Tenax gains developmental and commercial rights for a fully-developed oral levosimend

Tenax Therapeutics Gains North American Rights to Oral Levosimendan through Expanded License Agreement with Orion Tenax gains developmental and commercial rights for a fully-developed oral levosimendan formulation in the U.S. and Oral formulation expected to be used in upcomi

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TENX
Jul 20, 2020
TENXGeneral

Tenax Therapeutics Expands Board of Directors with the Appointment of Two New Directors, Steven Boyd and Keith Maher, MD Morrisville, NC &#x2013

Therapeutics Expands Board of Directors with the of Two New Directors, Steven Boyd and Keith Maher, MD Morrisville, NC July 20, 2020 -- Tenax Therapeutics, Inc. (Nasdaq: TENX), a specialty pharmaceutical company focused on identifying, developing and commercializing products

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TENX
Jul 6, 2020
TENXGeneral

Tenax Therapeutics Announces $8.0 Million Registered Direct and PIPE Offerings Priced At-the-Market Under Nasdaq Rules Morrisville, NC

Tenax Therapeutics Announces $8.0 Million Registered Direct and Priced At-the-Market Under Nasdaq Rules Morrisville, NC, July 6, 2020 Tenax Therapeutics, Inc. (Nasdaq: TENX) ( Tenax or the Company ), a specialty pharmaceutical company focused on identifying, developing, and

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TENX
Jun 2, 2020
TENXPhases

Tenax Therapeutics Reports Positive Results from Phase 2 Trial of Levosimendan in Patients with Pulmonary Hypertension and Heart Failure with Preserved Ejection Fraction (PH-HFpEF) – Demonstrated a significant red

Therapeutics Reports Positive Results from Phase 2 Trial of Levosimendan in Patients with Pulmonary Hypertension and Heart Failure with Preserved Ejection Fraction (PH-HFpEF) Demonstrated a significant reduction in right atrial and pulmonary capillary wedge pressures Demonst

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TENX
Mar 12, 2020
TENXGeneral

Tenax Therapeutics Announces $2.75 Million Registered Direct Offering Priced At-the-Market Morrisville, NC

Tenax Therapeutics Announces $2.75 Million Registered Direct Offering Priced At-the-Market Morrisville, NC, March 12, 2020 Tenax Therapeutics, Inc. (Nasdaq: TENX) ( Tenax or the Company ), a specialty pharmaceutical company focused on identifying, developing and commercializ

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TENX
Dec 11, 2018
TENXGeneral

Tenax Therapeutics Announces Closing of $10 Million Underwritten Offering Morrisville, NC

Tenax Therapeutics Announces Closing of $10 Million Underwritten Offering Morrisville, NC, December 11, 2018 Tenax Therapeutics, Inc. (Nasdaq: TENX) ( Tenax or the Company ), a specialty pharmaceutical company focused on identifying, developing and commercializing products f

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TENX
Jun 5, 2018
TENXGeneral

Tenax Therapeutics Announces Appointment of Anthony A. DiTonno as CEO Morrisville, NC

Tenax Therapeutics Announces Appointment of Anthony A. DiTonno as CEO Morrisville, NC, June 5, 2018 Tenax Therapeutics, Inc. (Nasdaq: TENX) ("Tenax" or the "Company"), a specialty pharmaceutical company focused on identifying, developing and commercializing products for the

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TENX
Mar 14, 2018
TENXGeneral

Tenax Therapeutics Regains Compliance with Nasdaq Minimum Bid Price Requirement Morrisville, NC

Tenax Therapeutics Regains Compliance with Nasdaq Minimum Bid Price Requirement Morrisville, NC, March 14, 2018 - Tenax Therapeutics, TENX), a specialty pharmaceutical company focused on providing products to address conditions with significant unmet medical needs, today ann

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TENX
Feb 23, 2018
TENXGeneral

Tenax Therapeutics Announces Reverse Stock Split Morrisville, NC

Tenax Therapeutics Announces Reverse Stock Split Morrisville, NC, February 23, 2018 - Tenax Therapeutics, TENX), a specialty pharmaceutical company focused on providing products to address conditions with significant unmet medical needs, today announced a reverse stock split

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TENX
Jul 28, 2017
TENXGeneral

Tenax Therapeutics Provides Regulatory Update on Levosimendan Morrisville, NC

Tenax Therapeutics Provides Regulatory Update on Morrisville, NC, July 28, 2017 Tenax Therapeutics, Inc. (NASDAQ: TENX), a specialty pharmaceutical company focused on identifying, developing and commercializing products for the critical care market, today provides a regulator

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TENX
Apr 5, 2017
TENXGeneral

Tenax Therapeutics Announces Review of Strategic Alternatives and Business Update – Ladenburg Thalmann Engaged to Assist in the Process – – John Kelley Resigns as CEO; Michael Jebsen, President and C

Tenax Therapeutics Announces Review of Strategic Alternatives and Ladenburg Thalmann Engaged to Assist in the Process John Kelley Resigns as CEO; Michael Jebsen, President and CFO, Appointed as Interim CEO Morrisville, NC, April 5, 2017 Tenax Therapeutics, Inc. (NASDAQ: TENX

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TENX
Jan 31, 2017
TENXPhases

Tenax Therapeutics Announces Top-Line Results From Phase 3 LEVO-CTS Trial in Cardiac Surgery – Study Did Not Achieve Statistically Significant Reductions in Dual or Quad Primary Endpoints – – Study M

Tenax Therapeutics Announces Top-Line Results From Phase 3 LEVO-CTS Trial in Cardiac Surgery Study Did Not Achieve Statistically Significant Reductions in Dual or Quad Primary Study Met Two Secondary Endpoints with Statistically Significant Reduction in Incidence of LCOS and

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TENX
May 19, 2016
TENXPhases

Tenax Therapeutics Announces First Quarter 2016 Financial Results and Provides Corporate Update – DSMB recommends continuation of Phase 3 LEVO-CTS trial in cardiac surgery following interim analysis from first 451

Tenax Therapeutics Announces First Quarter 2016 Financial Results and Provides Corporate Update DSMB recommends continuation of Phase 3 LEVO-CTS trial in cardiac surgery following interim analysis from first 451 patients LEVO-CTS enrollment rate remains on track, with top-line

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TENX
Apr 15, 2015
TENXPhases

Tenax Therapeutics Provides Clinical and Corporate Update - Hosted Analyst Day on April 13 with levosimendan clinical and development experts - - Provided enrollment progress update for ongoing LEVO-CTS and LeoPARDS tria

Tenax Therapeutics Provides Clinical and Corporate Update - Hosted Analyst Day on April 13 with levosimendan clinical and development experts - - Provided enrollment progress update for ongoing LEVO-CTS and LeoPARDS trials - - Announced change in fiscal year end - Morrisville

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TENX
Jul 29, 2014
TENXPhases

Oxygen Biotherapeutics Announces Fiscal Year 2014 Financial Results - Acquired strategic assets from Phyxius Pharma, including lead candidate levosimendan; named John Kelley as CEO - - Activated sites for Phase 3 LEVO-CT

Oxygen Biotherapeutics Announces Fiscal Year 2014 Financial Results Morrisville, NC, July 29, 2014 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT) a specialty pharmaceutical company focused on developing and commercializing a portfolio of products for the critical care market, tod

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TENX
Apr 4, 2014
TENXGeneral

Oxygen Biotherapeutics Inc., Announces the Appointment of Industry Veteran Gerald Proehl to its Board of Directors Morrisville, NC

Oxygen Biotherapeutics Inc., Announces the Appointment of Industry Veteran Gerald Proehl to its Board of Directors Morrisville, NC, April 4, 2014 - Oxygen Biotherapeutics, Inc., (NASDAQ: OXBT) a specialty pharmaceutical company focused on developing and commercializing a portfo

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TENX
Mar 3, 2014
TENXFDA Updates

Oxygen Biotherapeutics Inc. Provides an Update on Communication with the FDA Regarding Oxycyte Development Program Morrisville, NC

Oxygen Biotherapeutics Inc. Provides an Update on Communication with the FDA Regarding Oxycyte Development Program Morrisville, NC, March 3, 2014 - Oxygen Biotherapeutics, Inc., (NASDAQ: OXBT) a specialty pharmaceutical company focused on developing and commercializing a portfo

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TENX
Nov 14, 2013
TENXGeneral

Oxygen Biotherapeutics Closes the Acquisition of Phyxius Pharma Assets Related to Levosimendan; John Kelley Appointed CEO of Oxygen Biotherapeutics MORRISVILLE, NC

Oxygen Biotherapeutics Closes the Acquisition of Phyxius Pharma Assets Related to Levosimendan; John Kelley Appointed CEO of Oxygen Biotherapeutics MORRISVILLE, NC, November 14, 2013 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT) a developer of oxygen-carrying therapeutics, toda

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TENX
Nov 8, 2013
TENXGeneral

Oxygen Biotherapeutics Receives $6 Million in Net Proceeds from Warrant Exercises MORRISVILLE, NC

Oxygen Biotherapeutics Receives $6 Million in Net Proceeds from Warrant Exercises MORRISVILLE, NC, November 08, 2013 - Oxygen Biotherapeutics, Inc., (NASDAQ: OXBT) a developer of oxygen-carrying therapeutics, today announced the Company has received approximately $6 million thro

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TENX
Jul 22, 2013
TENXGeneral

Oxygen Biotherapeutics Prices Public Offering with Gross Proceeds of $5.4 million MORRISVILLE, NC

Oxygen Biotherapeutics Prices Public Offering with Gross Proceeds of $5.4 million MORRISVILLE, NC, July 22, 2013 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT) today announced the pricing of a public offering and the entry into definitive agreements with investors for the sale o

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TENX
May 16, 2013
TENXGeneral

Ellen Corliss SVP, Investor Relations & Corporate Communications Oxygen Biotherapeutics, Inc. (919) 855-2112 Oxygen Biotherapeutics Receives Favorable NASDAQ Listing Decision MORRISVILLE, N.C.

SVP, Investor Relations & Corporate Communications Oxygen Biotherapeutics, Inc. Oxygen Biotherapeutics Receives Favorable NASDAQ Listing Decision MORRISVILLE, N.C. May 16, 2013 -- Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT), today announced that the NASDAQ Listing Qualificati

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TENX
May 10, 2013
TENXGeneral

Ellen Corliss SVP, Investor Relations & Corporate Communications Oxygen Biotherapeutics, Inc. (919) 855-2112 Oxygen Biotherapeutics Announces 20:1 Reverse Stock Split Effective After Market Close on May 10 th MO

SVP, Investor Relations & Corporate Communications Oxygen Biotherapeutics, Inc. Oxygen Biotherapeutics Announces 20:1 Reverse Stock Split Effective After Market Close on May 10th MORRISVILLE, NC, May 10, 2013 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT), today announced the

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TENX
Mar 19, 2013
TENXGeneral

OXYGEN BIOTHERAPEUTICS, INC. (a development stage enterprise) STATEMENTS OF OPERATIONS unaudited) Period from

Senior Vice President Corporate Communications & Investor Relations Oxygen Biotherapeutics Reports Financial Results for the Third Quarter FY2013 MORRISVILLE, NC, March 18, 2013 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT), a development stage biomedical company focused on

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TENX
Feb 22, 2013
TENXGeneral

Ellen Corliss Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Enters Into Definitive Agreements for Financing for up to $2.1 million in Gross Proceeds MORRISVILLE, NC

Corporate Communications & Investor Relations Oxygen Biotherapeutics Enters Into Definitive Agreements for Financing for up to $2.1 million in Gross Proceeds MORRISVILLE, NC, February 22, 2013 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT) today announced that it has entered i

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TENX
Feb 11, 2013
TENXGeneral

Ellen Corliss SVP, Investor Relations & Corporate Communications (919) 855-2112 Oxygen Biotherapeutics Enters License and Supply Agreement for Dermacyte Products with the Cosmetics Division of Valor

SVP, Investor Relations & Corporate Communications Oxygen Biotherapeutics Enters License and Supply Agreement for Dermacyte Products with the Cosmetics Division of Valor SA MORRISVILLE, NC, February 11, 2013 - Oxygen Biotherapeutics, Inc. ("OBI") (NASDAQ: OXBT), announced toda

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TENX
Dec 17, 2012
TENXConferences/Events

Ellen Corliss Vice President Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Reports Second Quarter FY2013 Financial Results -Management to host teleconference to discuss fina

Corporate Communications & Investor Relations Oxygen Biotherapeutics Reports Second Quarter FY2013 Financial Results -Management to host teleconference to discuss financial results on December 17- MORRISVILLE, NC, December 17, 2012 - Oxygen Biotherapeutics, Inc. (NASDAQ:OXBT)

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TENX
Sep 19, 2012
TENXConferences/Events

Ellen Corliss SVP, Investor Relations & Corporate Communications (919) 855-2112 Oxygen Biotherapeutics Reports First Quarter FY2013 Financial Results -Conference Call and Webcast for Shareholders set for Septemb

SVP, Investor Relations & Corporate Communications Oxygen Biotherapeutics Reports First Quarter FY2013 Financial Results -Conference Call and Webcast for Shareholders set for September 21st- MORRISVILLE, NC, September 19, 2012 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT), a

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TENX
Aug 28, 2012
TENXGeneral

Ellen Corliss Vice President Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Relocating R&D Function to North Carolina from California MORRISVILLE, NC

Corporate Communications & Investor Relations Oxygen Biotherapeutics Relocating R&D Function to North Carolina from California MORRISVILLE, NC, August 28, 2012 - Oxygen Biotherapeutics, Inc. ("OBI") (NASDAQ: OXBT) announced today that it is searching for laboratory space in t

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TENX
Jul 24, 2012
TENXGeneral

Ellen Corliss Senior Vice President Corporate Communications &Investor Relations (919)855-2112 Oxygen Biotherapeutics Reports Financial Results for Fiscal Year 2012 MORRISVILLE, NC

Senior Vice President Corporate Communications Oxygen Biotherapeutics Reports Financial Results for Fiscal Year 2012 MORRISVILLE, NC, July 24, 2012 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT), a development stage biomedical company focused on developing oxygen-carrying intra

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TENX
Jun 15, 2012
TENXGeneral

The securities described above were offered by the Company pursuant to a registration statement previously filed and declared effective by the Securities and Exchange Commission (the "SEC"). A prospectus supplement relat

SVP, Corporate Communications & Investor Relations Oxygen Biotherapeutics Announces Expected Closing on Second Installment of December 2011 Financing and Amends Agreement to Allow for a Third Tranche Later This Year Pending Shareholder Approval MORRISVILLE, NC, June 15, 2012 -

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TENX
Mar 15, 2012
TENXGeneral

Ellen Corliss Senior Vice President Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Reports Financial Results for the Third Quarter FY2012 MORRISVILLE, NC

Senior Vice President Corporate Communications & Investor Relations Oxygen Biotherapeutics Reports Financial Results for the Third Quarter FY2012 MORRISVILLE, NC, March 15, 2012 - Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT), a development stage biomedical company focused on

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TENX
Dec 16, 2011
TENXConferences/Events

Ellen Corliss Vice President Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Reports Second Quarter FY2012 Financial Results -Management to host teleconference to discuss fina

Corporate Communications & Investor Relations Oxygen Biotherapeutics Reports Second Quarter FY2012 Financial Results -Management to host teleconference to discuss financial results on December 19- MORRISVILLE, NC, December 16, 2011 - Oxygen Biotherapeutics, Inc. (NASDAQ and S

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TENX
Dec 9, 2011
TENXGeneral

Ellen Corliss Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Announces Registered Financing for up to $7.5 million in Gross Proceeds MORRISVILLE, NC

Corporate Communications & Investor Relations Oxygen Biotherapeutics Announces Registered Financing for up to $7.5 million in Gross Proceeds MORRISVILLE, NC, December 9, 2011 - Oxygen Biotherapeutics, Inc. (NASDAQ & SIX Swiss Exchange: OXBT) today announced that it has entere

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TENX
Sep 30, 2011
TENXGeneral

Rene A. Eckert C/O Oxygen Biotherapeutics, Inc. ONE Copley Parkway, Suite 490 Morrisville, North Carolina 27560

Oxygen Biotherapeutics, Inc. ONE Copley Parkway, Suite 490 Morrisville, North Carolina 27560 Members of the Board of Directors: I hereby resign from my position as a member of the Board of Directors of Oxygen Biotherapeutics, Inc. (the "Company"), effective as of today. I ha

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TENX
Sep 19, 2011
TENXConferences/Events

Ellen Corliss Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Reports First Quarter FY2012 Financial Results and Announces Conference Call and Webcast for Shareholders MORRISV

Corporate Communications & Investor Relations Oxygen Biotherapeutics Reports First Quarter FY2012 Financial Results and Announces Conference Call and Webcast for Shareholders MORRISVILLE, NC, September 19, 2011 - Oxygen Biotherapeutics, Inc. (NASDAQ and SIX Swiss Exchange: OXB

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TENX
Aug 26, 2011
TENXGeneral

I am very surprised at this. I don't agree and do not accept my termination, and I request this filing be stopped until the attorneys have talked. And then it needs to be changed. Chris Stern

I am very surprised at this. I don't agree and do not accept my termination, and I request this filing be stopped until the attorneys have talked. And then it needs to be changed.

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TENX
Aug 24, 2011
TENXGeneral

Oxygen Biotherapeutics Ellen Corliss Vice President, Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Announces Dismissal of Chris J. Stern as CEO and Appointments of Michael

Oxygen Biotherapeutics Corporate Communications & Investor Relations Oxygen Biotherapeutics Announces Dismissal of Chris J. Stern as CEO and Appointments of Michael B. Jebsen as Interim CEO and Rene Eckert as Interim Chairman -Oxygen Biotherapeutics to reschedule its 2011 G

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TENX
Jul 14, 2011
TENXGeneral

Ellen Corliss Vice President Corporate Communications & Investor Relations (919) 855-2112 Oxygen Biotherapeutics Reports Financial Results for Fiscal Year 2011 MORRISVILLE, NC

Corporate Communications & Investor Relations Oxygen Biotherapeutics Reports Financial Results for Fiscal Year 2011 MORRISVILLE, NC, July 14, 2011 - Oxygen Biotherapeutics, Inc. (NASDAQ and SIX Swiss Exchange: OXBT), a development stage biomedical company focused on developing

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TENX
May 4, 2010
TENXGeneral

Oxygen Biotherapeutics, Inc. Announces Registered Direct Offering of $5 million in Common Stock and Warrants DURHAM, N.C.

Oxygen Biotherapeutics, Inc. Announces Registered Direct Offering of $5 million in Common Stock and Warrants DURHAM, N.C., May 4, 2010 Oxygen Biotherapeutics, Inc., a Delaware corporation (NASDAQ: OXBT) (the Company ), announced today that it entered into purchase agreements wi

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TENX
Mar 8, 2010
TENXGeneral

OXYGEN BIOTHERAPEUTICS CHAIRMAN'S BLOG March 2010 Blog In this Blog I want to briefly update our TBI Trial and address our 8K filing this week regarding changes in the size and composition of our Board of Directors. Our

In this Blog I want to briefly update our TBI Trial and address our 8K filing this week regarding changes in the size and composition of our Board of Directors. Our TBI trial is moving ahead as planned. This past week, the Israeli portion of the trial enrolled and treated the fi

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TENX
Feb 19, 2010
TENXPhases

In this Blog I want to briefly address the recurring question about updates on our patient enrollment in the TBI trial. I have said before and will say again, that we will not be providing any kind of patient enrollment

In this Blog I want to briefly address the recurring question about updates on our patient enrollment in the TBI trial. I have said before and will say again, that we will not be providing any kind of patient enrollment tally or trial results prior to completion of treatment and

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TENX
Dec 2, 2008
TENXGeneral

Business Update

Dear Shareholders and Friends: As we head into a new year, I would like to update you on our most recent business developments. Why consumer, non-clinical? These topical treatments may be able to qualify for registration as medical devices, which would have a shorter and simpl

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TENX
Nov 12, 2008
TENXGeneral

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward looking information made on the Company s behalf. All statements other than statements of historical facts which address the Company

Navy Secure IP across all core and non core therapeutic areas. Raise more money and make money to generate capital sufficient to generate proof of principal data in all three clinical areas. Selectively partner for products or sell indications US/CA Escalation Study Oxycyte Big P

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TENX
Mar 24, 2008
TENXGeneral

Synthetic Blood 8K Press Release for Bob Larsen Synthetic Blood International, Inc. Announces Passing of Interim CEO Robert Larsen CONTACT: Abe Wischnia, Abe Wischnia & Associates 619-795-2345 COSTA MESA, Calif.--(BUSINE

International, Inc. Announces Passing of Interim CEO Robert Larsen Abe Wischnia & Associates COSTA MESA, Calif.--(BUSINESS WIRE)--March 24, 2008 Synthetic Blood International, Inc. (OTCBB:SYBD) today announced the death Sunday night of interim CEO Robert Larsen. He was 79.

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TENX
Nov 20, 2007
TENXGeneral

Synthetic Blood Press Release 11/20/2007 Company Contact: Synthetic Blood International, Inc. Joan Mahan 800-809-6054 For Immediate Release Synthetic Blood Announces Major Restructuring Receives $1 million advance agains

Synthetic Blood International, Inc. Joan Synthetic Blood Announces Major Restructuring Receives $1 million advance against $12 million convertible note Announces management and board changes COSTA MESA, Calif. (November 20, 2007) Synthetic Blood International, Inc. (OTC/BB:

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