Tenax Therapeutics
TENXTENX · Stock Price
Historical price data
Overview
Tenax Therapeutics is on a mission to address the critical unmet need in PH-HFpEF, the most common form of pulmonary hypertension globally. Its strategy centers on the targeted repurposing of levosimendan, developing an oral formulation (TNX-103) for chronic use based on the drug's well-known safety profile and promising early clinical data in PH-HFpEF. The company is led by a veteran management team with deep cardiovascular development experience and is currently executing a Phase 3 clinical program designed to derisk the path to potential regulatory approval.
Technology Platform
Targeted repurposing and reformulation of established drugs, specifically levosimendan, for chronic cardiovascular conditions with high unmet need.
Funding History
3Opportunities
Risk Factors
Competitive Landscape
The PH-HFpEF field has no approved therapies and is marked by past failures of major pharma programs. Tenax's oral levosimendan, with positive Phase 2 data, is among the most advanced candidates, facing competition mainly from standard of care and earlier-stage investigational drugs.
Company Timeline
Founded in Morrisville, United States
PIPE: $5.5M
PIPE: $4.2M