TENX
Tenax Therapeutics, Inc.
NASDAQ · Healthcare · Biotechnology · US
$1.87
+4.80%Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
0.7x
Market Cap
$69.81M
MomentumView details →
1D Return
+4.80%
YTD Return
−84.74%
RSI (14)
24.6
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
0.7x
Market Cap
$69.81M
RSI (14)
24.6
MomentumView details →
1D Return
+4.80%
YTD Return
−84.74%
SummaryUpdated Jun 1, 2026
Tenax Therapeutics, Inc. (NASDAQ:TENX) is a specialty pharmaceutical company founded in 1967 and headquartered in Morrisville, North Carolina. Originally known as Oxygen Biotherapeutics, Inc., the company rebranded to Tenax Therapeutics in September 2014 to reflect its focus on developing treatments for cardiovascular and pulmonary diseases. The company has been publicly traded since 1994 and operates as a clinical-stage biopharmaceutical company with no current revenue-generating products, focusing entirely on drug development and clinical trials.
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Tenax Therapeutics shares rose 3.8% in premarket trading after presenting additional data from its Phase 3 LEVEL trial of TNX-103 at the European Society of Cardiology Congress in Munich.4d agoADAR1 Capital Management, a 10% owner and director of Tenax Therapeutics, acquired 1,025,867 common shares totaling approximately $1.81 million over several days from August 20 to August 24, 2026.11d agoTenax Therapeutics announced topline results from its Phase 3 LEVEL clinical trial of TNX-103 in patients with PH-HFpEF, which did not meet statistical significance on the primary endpoint of improvement in 6-minute walk distance versus placebo.25d ago