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Tenax Therapeutics, Inc.

Pays vs peer median
×0.70
-30% premium
Sample
3
low confidence
Last refreshed
2026-10-01

By therapeutic area

Therapeutic areaPremiumDeals
cardiovascular×0.703

By stage at signing

Not enough phase-specific data (need ≥3 deals per phase).

Strategy profile

Based on 3 disclosed transactions, Tenax Therapeutics, Inc. concentrates its licensing activity in Cardiovascular. Tenax Therapeutics, Inc. pays a 0.70x discount to market median, with the strongest premiums in Cardiovascular (0.70x). Their most common deal structure is License, with an average disclosed value of $47M. Most recent activity: 2024.

Premium by therapeutic area

How Tenax Therapeutics, Inc. pays relative to peer medians in each TA

cardiovascular
3 deals0.70x
Above market (≥1.10x)At market (0.90 – 1.10x)Below market (<0.90x)

Pipeline coverage & gaps

Tenax Therapeutics, Inc. has disclosed activity in 1 of 12 tracked therapeutic areas. Gaps may represent whitespace opportunities for licensors.

Oncology
Gap
No disclosed deals
Neurology
Gap
No disclosed deals
Immunology
Gap
No disclosed deals
Metabolic
Gap
No disclosed deals
Cardiovascular
0.70x
3 deals
Infectious Disease
Gap
No disclosed deals
Ophthalmology
Gap
No disclosed deals
Womens Health
Gap
No disclosed deals
Rare Disease
Gap
No disclosed deals
Hematology
Gap
No disclosed deals
Dermatology
Gap
No disclosed deals
Gastroenterology
Gap
No disclosed deals

Deal type breakdown

How this buyer structures its transactions

Deal typeCountAvg upfrontAvg total value
LicensePrimary2—$60M
Acquisition1—$22M

Recent disclosed deals

YearAssetLicensorIndicationPhaseUpfrontTotal
2024Levosimendan (oral and subcutaneous formulations)Orion Corporationpulmonary hypertension associated with HFpEF (PH-HFpEF)phase_3—$60M
2024levosimendanOrion CorporationPH-HFpEFphase_3—$60M
2021ImatinibPH Precision Medpulmonary arterial hypertensionphase_2—$22M

How this is computed

For each Tenax Therapeutics, Inc. deal we find the median total deal value of comparable transactions (same therapeutic area + phase, falling back to TA-only with ≥3 peers). The buyer’s deal divided by the peer median is the per-deal premium. We trim outliers, take the trimmed mean, and clamp to [0.7×, 1.5×] to reject data errors. Confidence scales with sample size.

Trimmed mean of 3 disclosed deal premiums vs. peer medians. Raw premium 0.149, clamped to [0.7, 1.5].