Tenax Therapeutics to Present at the H.C. Wainwright 23rd Annual Global Investment Conference

Rhea-AI Summary

Tenax Therapeutics, Inc. (NASDAQ: TENX) has announced its participation in the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. The company specializes in therapeutics for cardio-pulmonary diseases. A pre-recorded presentation will be available for on-demand viewing starting September 13 at 7:00 A.M. (EST) on their website and through a provided webcast link. Tenax is advancing treatments like a delayed-release imatinib formulation and has acquired rights to develop levosimendan for pulmonary hypertension. More details can be found at tenaxthera.com.

MORRISVILLE, N.C.--(BUSINESS WIRE)-- Tenax Therapeutics, Inc. (Nasdaq: TENX), a specialty pharmaceutical company focused on identifying and developing therapeutics that address cardio-pulmonary diseases with high unmet medical need, today announced that management will present a company overview and hold virtual investor meetings at the H.C. Wainwright 23^rd Annual Global Investment Conference being held September 13-15, 2021.

Webcast link to presentation: https://journey.ct.events/view/926bd710-4ba5-44f5-bfab-51a6170965c6

The pre-recorded presentation will be available for viewing on-demand beginning Monday, September 13 at 7:00 A.M. (EST). This presentation will also be available on the Investors section of Tenax Therapeutics’ website at tenaxthera.com.

About Tenax Therapeutics

Tenax Therapeutics, Inc., is a specialty pharmaceutical company focused on identifying, developing, and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical need. The Company has a world-class scientific advisory team including recognized global experts in pulmonary hypertension. Tenax is developing a delayed release oral formulation of imatinib, designed to avoid the gastric irritation, and expects to conduct a single pivotal trial pursuant to the 505(b)(2) pathway for regulatory approval. The Company also owns North American rights to develop and commercialize levosimendan and has recently released detailed results from the Phase 2 HELP Study of levosimendan in Pulmonary Hypertension associated with Heart Failure and preserved Ejection Fraction (PH-HFpEF) at the Heart Failure Society of America (HFSA) Virtual Annual Scientific Meeting. For more information, visit www.tenaxthera.com.

About Imatinib

Imatinib is an antiproliferative agent developed to target the BCR-ABL tyrosine kinase in patients with chronic myeloid leukemia. The inhibitory effects of imatinib on PDGF receptors and c-KIT suggested that it may be efficacious in PAH. Imatinib reversed experimentally induced pulmonary hypertension and has pulmonary vasodilatory effects in animal models and proapoptotic effects on pulmonary artery smooth muscle cells from patients with idiopathic PAH. In a phase 3 clinical trial imatinib produced significant improvements in exercise capacity, but a high rate of dropouts attributed largely to gastric intolerance prevented regulatory approval.

About Levosimendan

Levosimendan is a calcium sensitizer that works through a unique triple mechanism of action. It initially was developed for intravenous use in hospitalized patients with acutely decompensated heart failure. It was discovered and developed by Orion Pharma, Orion Corporation of Espoo Finland, and is currently approved in over 60 countries for this indication and not available in the United States. Tenax Therapeutics acquired North American rights to develop and commercialize levosimendan from Phyxius Pharma, Inc.

Caution Regarding Forward-Looking Statements

This news release contains certain forward-looking statements by the Company that involve risks and uncertainties and reflect the Company’s judgment as of the date of this release. The forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to matters beyond the Company’s control that could lead to delays in the clinical study, new product introductions and customer acceptance of these new products; matters beyond the Company’s control that could impact the Company’s continued compliance with Nasdaq listing requirements; the impact of management changes on the Company’s business and unanticipated charges, costs and expenditures not currently contemplated that may occur as a result of management changes; and other risks and uncertainties as described in the Company’s filings with the Securities and Exchange Commission, including in its annual report on Form 10-K filed on March 31, 2021 and its quarterly report on Form 10-Q filed on August 16, 2021, as well as its other filings with the SEC. The Company disclaims any intent or obligation to update these forward-looking statements beyond the date of this release. Statements in this press release regarding management’s future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210909005083/en/

Investor Contact:

John Mullaly

Managing Director

LifeSci Advisors, LLC

C: 617-429-3548

jmullaly@lifesciadvisors.com

Source: Tenax Therapeutics, Inc.

FAQ

When is Tenax Therapeutics presenting at the H.C. Wainwright Global Investment Conference?

Tenax Therapeutics will present at the H.C. Wainwright Global Investment Conference from September 13-15, 2021.

What is the focus of Tenax Therapeutics?

Tenax Therapeutics focuses on developing therapeutics for cardio-pulmonary diseases with high unmet medical need.

What is the significance of the delayed-release imatinib formulation by Tenax?

The delayed-release imatinib formulation aims to reduce gastric irritation and is part of Tenax's strategy to improve treatment for pulmonary hypertension.

Where can I watch the Tenax presentation online?

The pre-recorded presentation can be viewed on-demand on Tenax's website starting September 13, 2021, and through a provided webcast link.

What are Tenax's recent developments in pulmonary hypertension?

Tenax has released results from the Phase 2 HELP Study of levosimendan in pulmonary hypertension associated with heart failure.