Tenax Therapeutics
NASDAQ: TENXChapel Hill, US · Delaware corporation · 1 known investors
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Tenax Therapeutics is a clinical-stage pharmaceutical company developing TNX-103, an oral formulation of the drug levosimendan, to treat pulmonary hypertension resulting from heart failure with preserved ejection fraction (PH-HFpEF). The company focuses on this cardiovascular and pulmonary disease, which currently has no approved treatments.
Founders & leadership





Investors · 1
Reported raises · per SEC filings
Form D private placements$123.2M disclosed across 5 of 6 rounds · 1900–2024
▶$99.7MraisedAug 2024 · 24 investors · PharmaceuticalsRule 506(b)
- Michael DavidsonDirector
- Stuart RichExecutive Officer, Director
- Lawrence R. HoffmanExecutive Officer
- Christopher T. GiordanoExecutive Officer, Director
- Declan DooganDirector
- June AlmenoffDirector
- Robyn M. HunterDirector
- Gerald T. ProehlDirector
- Offering amount
- $175M
- Amount sold
- $99.7M
- Sales commissions
- $6.8M
- Placement agents
- Leerink Partners LLC, Guggenheim Securities, LLC, Roth Capital Partners, LLC, William Blair & Company, L.L.C.
- First sale
- Aug 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$8MraisedJun 2022 · 1 investors · PharmaceuticalsRule 506(b)
- Keith MaherDirector
- Robyn HunterDirector
- Michael DavidsonDirector
- Christopher T. GiordanoExecutive Officer, Director
- Steven BoydDirector
- Declan DooganDirector
- Eliot LurierExecutive Officer
- Gerald ProehlDirector
- June AlmenoffDirector
- Stuart RichExecutive Officer, Director
- Offering amount
- $8M
- Amount sold
- $8M
- First sale
- May 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$10MraisedJul 2021 · 1 investors · PharmaceuticalsRule 506(b)
- Michael JebsenExecutive Officer
- Offering amount
- $10M
- Amount sold
- $10M
- Sales commissions
- $750K
- Placement agents
- H.C. Wainwright & Co., LLC
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.2MraisedJul 2020 · 1 investors · PharmaceuticalsRule 506(b)
- Michael B. JebsenExecutive Officer
- James MitchumDirector
- Chris A. RallisDirector
- Ronald R. BlanckDirector
- Gerald ProehlDirector
- Gregory PepinDirector
- Anthony DiTonnoDirector, Executive Officer
- Offering amount
- $5.2M
- Amount sold
- $5.2M
- Sales commissions
- $1.4M
- Placement agents
- H.C. Wainwright & Co., LLC, Ladenburg Thalmann & Co. Inc.
- First sale
- Jul 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$317.2KraisedMar 2020 · 1 investors · PharmaceuticalsRule 506(b)
- Michael B. JebsenExecutive Officer
- Ronald R. BlanckDirector
- Gregory PepinDirector
- James MitchumDirector
- Chris A. RallisDirector
- Gerald ProehlDirector
- Anthony DiTonnoDirector, Executive Officer
- Offering amount
- $317.2K
- Amount sold
- $317.2K
- Sales commissions
- $206K
- Placement agents
- H.C. Wainwright & Co., LLC
- First sale
- Mar 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Tenax Therapeutics do?
- Tenax Therapeutics is a clinical-stage pharmaceutical company developing TNX-103, an oral formulation of the drug levosimendan, to treat pulmonary hypertension resulting from heart failure with preserved ejection fraction (PH-HFpEF). The company focuses on this cardiovascular and pulmonary disease, which currently has no approved treatments.
- Who are Tenax Therapeutics's investors?
- Tenax Therapeutics's investors include Vivo Capital.
- How much funding has Tenax Therapeutics raised?
- Tenax Therapeutics has disclosed $123.2M raised across 5 of its 6 known rounds.
- Where is Tenax Therapeutics headquartered?
- Tenax Therapeutics is headquartered in Chapel Hill, US.








