Tenax Therapeutics Announces Global License Amendment that Significantly Expands Rights to Levosimendan
Tenax Therapeutics, Inc. (TENX)
Last tenax therapeutics, inc. earnings: 11/14 04:31 pm
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US:NASDAQ Investor Relations:
investors.tenaxthera.com
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Source: GlobeNewswire
Amendment to existing exclusive license agreement with Orion Corporation expands Tenax’s territory rights from North America, to the entire worldExpanded rights position Tenax to engage potential global strategic pharmaceutical partners Improved net sales royalty rate structure, now ranging from high single-digit to low-teen percentages. Lowered maximum cost of goodsModified milestone provisions, including additional payment for regulatory approval in Japan, reflect multi-billion dollar global PH-HFpEF opportunityNeurological indications excluded from Tenax’s right of first negotiation to commercialize new applications of levosimendan developed by Orion CHAPEL HILL, N.C., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Tenax Therapeutics, Inc. (Nasdaq: TENX), a Phase 3, development-stage pharmaceutical company focused on identifying, developing and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical need, today announced it has secured global devel
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TENX
News
- Tenax Therapeutics Reports First Quarter 2024 Financial Results and Provides a Corporate Update [Yahoo! Finance]Yahoo! Finance
- Tenax Therapeutics Reports First Quarter 2024 Financial Results and Provides a Corporate UpdateGlobeNewswire
- Tenax Therapeutics Announces New U.S. Patent Covering the Use of Levosimendan in Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF) [Yahoo! Finance]Yahoo! Finance
- Tenax Therapeutics Announces New U.S. Patent Covering the Use of Levosimendan in Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF)GlobeNewswire
- 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” [Yahoo! Finance]Yahoo! Finance
TENX
Sec Filings
- 5/14/24 - Form 10-Q
- 5/14/24 - Form 8-K
- 4/26/24 - Form ARS
- TENX's page on the SEC website