Tenax Therapeutics TENX

$1.98 +0.05 (2.59%)

Valuation

Market cap
72,228,000
Revenue TTM
$0
Net income TTM
$-52,600,000
PE ratio
0.00
Forward PE
—
Profit margin
0.00%
Debt to equity
0.00

Trading

Volume
2,033,100
Avg volume
6,639,904
Day's range
$1.92 – $2.00
Shares out
37,424,000
Stochastic %K
90%
Beta
0.92
Analysts
Strong Sell
Price target
$13.38

Price

Company profile

Tenax Therapeutics, Inc., a development-stage pharmaceutical company, develops novel cardiopulmonary therapies in the United States. It develops TNX-101, TNX-102, and TNX-103 (levosimendan) that have completed phase II clinical trials for the treatment of patients with pulmonary hypertension in heart failure with preserved ejection fraction and associated pulmonary hypertension; and TNX-201 (imatinib), a tyrosine kin...

Show more

Tenax Therapeutics, Inc., a development-stage pharmaceutical company, develops novel cardiopulmonary therapies in the United States. It develops TNX-101, TNX-102, and TNX-103 (levosimendan) that have completed phase II clinical trials for the treatment of patients with pulmonary hypertension in heart failure with preserved ejection fraction and associated pulmonary hypertension; and TNX-201 (imatinib), a tyrosine kinase inhibitor for the treatment of chronic myeloid leukemia. The company was formerly known as Oxygen Biotherapeutics, Inc. and changed its name to Tenax Therapeutics, Inc. in September 2014. Tenax Therapeutics, Inc. was founded in 1967 and is headquartered in Chapel Hill, North Carolina.

Industry
Biotechnology
Sector
Healthcare
Phone
919 855 2100
Website
https://www.tenaxthera.com
Address
101 Glen Lennox Drive, Suite 300, Chapel Hill, United States

Latest news

No headlines yet.

Stocktwits

dorpsgek Oct 3, 8:00 PM
$TENX If LEVEL-2 is successful and FDA approval eventually follows, Tenax estimates 1,5B peak sales. You do the math
0 replies
De12 Oct 3, 4:55 PM
$TENX Back to $19!
0 replies
BullAsh Oct 2, 7:51 PM
$TENX Now it will be back to $1.88. It likes going up and down every day. Until we get the news, we are going to see this regularly. 🚀😊
1 replies
toradio Oct 2, 7:37 PM
$TENX I like it....
0 replies
arkzgl Oct 2, 7:37 PM
$TENX no se suelten!! cójanse fuerte!!
0 replies
Marusch Oct 2, 7:26 PM
$TENX I just bought another one of those......fuck😂
0 replies
SmartContent Oct 2, 7:23 PM
$TENX has functioned as a wealth-destroying capital incinerator by repeatedly wiping out retail investor value to fund a pipeline of clinical dead ends. Over its decades-long history, the company has completely failed or abandoned four major drug programs, including Oxycyte in 2014, intravenous Levosimendan in 2017, TNX-201 in 2023, and oral Levosimendan, which catastrophically missed its Phase 3 endpoints in August 2026. To survive these sequential clinical failures and counter the heavy stock dilution required to fund them, management has executed five separate reverse stock splits since 2009, a 1-for-15, three consecutive 1-for-20s, and a massive 1-for-80 split in January 2024. So this really is a leap of faith. Understand the gamble.
0 replies
PumpNDumpDZ Oct 2, 7:18 PM
$TENX hit that $2!
0 replies