Tenax Therapeutics Expands Levosimendan License with Orion for Worldwide Oral Product Rights

Reuters

Sep 09

Tenax <a href="https://laohu8.com/S/LENZ">Therapeutics</a> 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.

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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.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TENX","symbol_name":"Tenax Therapeutics, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250909:nNDLbv8HHP:1","article_id":"2566692842","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566692842","pubTimestamp":1757419501,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"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  using generative artificial intelligence. 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