Tenax Therapeutics Expands Levosimendan License with Orion for Worldwide Oral Product Rights
Tenax Therapeutics, Inc. has announced an amendment to its existing License Agreement with Orion Corporation, expanding its exclusive worldwide rights. The amendment, effective as of September 3, 2025, grants Tenax the rights to develop, commercialize, and manufacture orally-administered pharmaceutical products containing levosimendan. In addition to its current rights for subcutaneously administered products, Tenax can now also manufacture these products. Orion will supply levosimendan to Tenax as needed for the development of these oral products. The terms of the supply arrangement include a price in the low triple-digit thousands in Euros per kilogram. This strategic development aims to enhance Tenax's capabilities in the pharmaceutical market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tenax Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-010510), on September 09, 2025, and is solely responsible for the information contained therein.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。