MORRISVILLE, N.C.--(BUSINESS WIRE)--Tenax Therapeutics, Inc. (NASDAQ: TENX), a specialty pharmaceutical company focused on identifying, developing and commercializing products for the critical care market, today announced financial results for the full year ended December 31, 2016 and provided a corporate update.
“While we were disappointed that the LEVO-CTS trial did not meet its dual or quad primary endpoints, there are positive data in the results. Levosimendan demonstrated statistically significant reductions in clinically meaningful secondary endpoints including a reduction in low cardiac output syndrome (LCOS) and reduction in postoperative use of secondary inotropes. There was also a statistically significant increase in cardiac index in the levosimendan arm. Additionally, levosimendan was found to be safe with no clinically significant increases in hypotension or cardiac arrhythmias and the clinical data showed a numerical reduction in 90-day mortality,” said John Kelley, CEO of Tenax Therapeutics.