Tenax Therapeutics Secures Key European Patent for Levosimendan
Tenax Therapeutics Strengthens European Portfolio with New Patent
Tenax Therapeutics, Inc. (NASDAQ: TENX) has announced significant news that will extend its intellectual property protection for its promising drug, TNX-103, a formulation of oral levosimendan. This update comes from the European Patent Office (EPO), which has notified the company of its intention to grant a patent that will secure this crucial drug for use in treating pulmonary hypertension with heart failure and preserved ejection fraction (PH-HFpEF) until at least December 2040.
Overview of the Patent Grant
This upcoming patent grant is particularly noteworthy as it encapsulates the use of levosimendan across various delivery methods—oral, intravenous, inhalation, and more—in treating PH-HFpEF. Moreover, it extends protections for various dosages and combinations with other cardiovascular medications, highlighting the commercial potential for Tenax Therapeutics.
Implications for Tenax's Future Development
Chris Giordano, President and CEO of Tenax Therapeutics, expressed enthusiasm about this development, noting its relevance as they prepare for their upcoming Phase 3 study, LEVEL-2. This timely patent not only safeguards the innovative use of TNX-103 in Europe but also underscores Tenax's strategy to solidify its global presence in the cardiopulmonary therapeutic landscape.
Significance of Levosimendan
Levosimendan is a unique drug that operates as a K-ATP channel activator and calcium sensitizer, providing critical support for patients with PH-HFpEF. While initially designed for intravenous application in acutely decompensated heart failure, it has shown encouraging results in improving patients' quality of life and exercise capacity through Phase 2 studies.
Future Directions and Clinical Trials
The LEVEL-2 study marks an essential step forward for Tenax Therapeutics. It will include patient recruitment across various European regions, contributing to a broader understanding of how TNX-103 can impact PH-HFpEF treatment. The hope is that this will lead to regulatory approval and ultimately provide another therapeutic option for patients suffering from this condition, which currently has no approved treatments.
Strategic Importance of Intellectual Property
The importance of this patent can't be overstated. It not only enhances Tenax’s IP portfolio, already bolstered by several patents in the U.S. and Canada, but also positions the company more favorably against competitors. With a solid IP foundation, Tenax Therapeutics can better navigate the complexities of clinical development and commercialization in a highly competitive marketplace.
About Tenax Therapeutics
Tenax Therapeutics is a Phase 3 development-stage pharmaceutical company focused on innovative cardiopulmonary therapies. The company aims seamlessly to use clinical insights to develop treatments that address currently unmet medical needs, especially related to pulmonary hypertension. By consolidating its rights to levosimendan, Tenax is on track to address a significant health issue affecting a vast patient population worldwide.
Contact Information
For additional inquiries, stakeholders can reach out to Tenax Therapeutics through their investor relations team. The company is committed to ongoing transparency and communication with investors and the public regarding its developments and clinical trials.
Frequently Asked Questions
What is the significance of the patent granted to Tenax?
The patent will provide intellectual property protection for TNX-103 in Europe, ensuring competitive advantages in the marketplace until at least 2040.
What does TNX-103 treat?
TNX-103 is an oral formulation of levosimendan aimed at treating pulmonary hypertension associated with heart failure with preserved ejection fraction (PH-HFpEF).
When is the LEVEL-2 study expected to begin?
The LEVEL-2 study is expected to start soon, although specific timelines may vary based on recruitment and regulatory processes.
How does levosimendan work?
Levosimendan acts as a K-ATP channel activator and calcium sensitizer, helping improve heart function and circulation in patients with certain types of heart failure.
Who can be contacted for more information about Tenax Therapeutics?
For further information, investors and the public can contact the investor relations team of Tenax Therapeutics via their official communication channels.
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