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Tenax’s TNX-103 shows efficacy in PH-HFpEF subgroup

Additional Phase 3 trial data presented at ESC Congress 2026 highlights statistically significant benefits in a predefined patient subgroup, while primary endpoint misses. Company plans to refine LEVEL-2 trial design.

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Priya Anand · Equities & Earnings Desk · 30 Aug 2026 · 06:18 · 1 min read
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Tenax’s TNX-103 shows efficacy in PH-HFpEF subgroup

Tenax Therapeutics reported additional Phase 3 trial results for its investigational drug TNX-103 (levosimendan) in pulmonary hypertension due to heart failure with preserved ejection fraction (PH-HFpEF) at the European Society of Cardiology Congress 2026 in Munich.

The LEVEL trial, which enrolled 241 patients across 41 sites in the United States and Canada, failed to meet its primary endpoint of change in 6-minute walk distance at Week 12. A key secondary endpoint assessing symptom scores also did not achieve statistical significance. However, TNX-103 demonstrated a favorable safety profile with no significant arrhythmias reported.

In a predefined subgroup of patients with a baseline 6-minute walk distance below the trial median of 333 meters, TNX-103 showed clinically meaningful improvements. The treatment resulted in a 26.3-meter improvement in 6-minute walk distance compared to placebo (p = 0.0112), a 47% reduction in NT-proBNP levels (p < 0.0001), and a 4.9 mmHg reduction in right ventricular systolic pressure (p = 0.009).

Tenax plans to use these findings to enrich the population in the ongoing LEVEL-2 trial, focusing on patients with more severe baseline impairment. The company remains committed to advancing the global development of TNX-103. Levosimendan, the active ingredient in TNX-103, is currently authorized for intravenous use in 60 countries for acutely decompensated heart failure but is not available in the United States or Canada.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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