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TNX-103 (oral levosimendan)

Page updated ·next FDA decision on the calendar ·Data as of Oct 19, 2026 8:08 PM ET

TNX-103 (oral levosimendan) is a Tenax Therapeutics, Inc. program. Every date links its source.

TENX catalyst hub

All upcoming FDA decision dates on the 2026 PDUFA calendar

About this program

Sponsor: Tenax Therapeutics, Inc. (TENX). Review status: Phase 3 LEVEL did not meet its primary endpoint: patients walked 3.5 metres further than placebo at Week 12 (p=0.63), a difference small enough to be chance; the key secondary (KCCQ-TSS) was also not met. A prespecified subgroup with baseline 6MWD under 333 m improved 26.3 m (nominal p=0.0112) and NT-proBNP fell 49% versus placebo (nominal p<0.0001), but the company states: 'Nominal p-values are not adjusted for multiplicity and these analyses do not establish efficacy.' Tenax intends to request a Type C meeting with FDA. Full results were a Late-Breaking Clinical Science presentation at ESC Congress 2026 (Munich, Aug 28-31). Note: LEVEL-2 is a separate, still-running Phase 3 of the same drug (enrollment completing end of 2027) -- this row previously mis-named the trial. We track 1 catalyst event for this program: 0 upcoming and 1 in the record. A PDUFA date is the FDA's target date to complete review of a marketing application; a readout is the sponsor's expected date for clinical trial results. What a PDUFA date is · why we do not compare trial results across drugs.

Catalyst history

Readout · Aug 10, 2026 ✓ data reportedTENX

Specialist biotech funds holding TENX, 13F for the quarter ended June 30, 2026

FundSharesValue at quarter endFiling
Perceptive Advisors1,700,000$24.7 millionfiled August 14, 2026
RTW Investments696,570$10.1 millionfiled August 14, 2026
BVF Inc.339,549$4.9 millionfiled August 14, 2026

13F reports list long positions in common stock at quarter end, are due 45 days later, and show no short positions or later trades. Notes, warrants and other instruments are not counted as shares.

Questions

When is TNX-103 (oral levosimendan)'s next FDA decision or readout?

TNX-103 (oral levosimendan)'s most recent tracked catalyst has already reported: primary endpoint not met data on Aug 10, 2026, per the company's own release (linked in the history below). No further catalyst is on our calendar yet.

What happened at TNX-103 (oral levosimendan)'s most recent FDA decision?

No FDA decision for TNX-103 (oral levosimendan) is in our archive yet.

Who makes TNX-103 (oral levosimendan)?

Tenax Therapeutics, Inc. (TENX).

Where does this data come from?

FDA announcements, sponsor press releases and SEC filings; every date on this page links its source.