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Tenax Therapeutics

Healthcare / Biotechnology Chapel Hill, N.C., United States ~320 employees
Founded
--
Employees (Est.)
~320
16 leaders known
Total Funding
$224.6M
Funding Rounds
4
Last Funding
2024-08-12

About Tenax Therapeutics

Tenax Therapeutics is focused on developing therapies for pulmonary hypertension resulting from heart failure with preserved ejection fraction (PH-HFpEF), a debilitating and often fatal disease with no approved treatments. The company aims to address this unmet medical need through innovative drug development.

Products & Services

TNX-103:An oral formulation of levosimendan, a drug authorized in 60 countries in its intravenous form for acute decompensated heart failure (ADHF). The development program is derisked due to differentiated clinical data and an established safety profile.

Specialties

Pulmonary Hypertension (PH-HFpEF) Heart Failure Cardiovascular Disorders Drug Development

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Private Placement
T: -
FT: Private Placement
A: 100000000
MR: -
FA: approximately $100 million
FAN: 100000000
D: 2024-08-12
FD: 2024-08-12
9 investors
2 RT: Private Placement
T: -
FT: Private Placement
A: 100000000
MR: -
FA: $100 million
FAN: 100000000
D: 2024-08-06
FD: 2024-08-06
-
3 RT: Public Offering
T: -
FT: Public Offering
A: 9040000
MR: -
FA: approximately $9,040,000
FAN: 9040000
D: 2024-02-08
FD: 2024-02-08
-
4 RT: Public Offering
T: -
FT: Public Offering
A: 15600000
MR: -
FA: approximately $15.6 million
FAN: 15600000
D: 2023-02-03
FD: 2023-02-03
1 investors
Private Placement Latest
2024-08-12
$100.0M
9 investors (Pro only)
Private Placement 2024-08-06
$100.0M
Public Offering 2024-02-08
$9.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

C

Chris Giordano

President and Chief Executive Officer

S

Stuart Rich

Chief Medical Officer

D

Doug Randall

Chief Business Officer

T

Thomas McGauley

Chief Financial Officer

D

Douglas Hay

EVP of Regulatory Affairs

G

Gillian Andor

Vice President of Clinical Operations

View 13 more team members with Pro

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Recent News

Tenax Therapeutics Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Healthcare / Biotechnology
Company Size
~320 employees (est.)
Locations
Chapel Hill, N.C., United States
Chapel Hill, NC, USA

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