Tenax Therapeutics, Inc. (TENX) ended last trading session with a change of 1.3 percent. It trades at an average volume of 1.1M shares versus 3.36M shares recorded at the end of last trading session. The share price of $0.72 is at a distance of 73.16 percent from its 52-week low and down -75.56 percent versus its peak. The company has a market cap of $22.8M and currently has 31.73M shares outstanding. The share price is currently -61.84 percent versus its SMA20, -62.99 percent versus its SMA50, and -68.05 percent versus its SMA200. The stock has a weekly performance of -63.15 percent and is -63.15 percent year-to-date as of the recent close. <\/p>\n
On January 31, 2017 Tenax Therapeutics, Inc. (TENX) announced top-line results from its Phase 3 LEVO-CTS trial. The study did not achieve statistically significant reductions in the dual endpoint of death or use of a mechanical assist device at 30 days, nor in the quad endpoint of death, myocardial infarction, need for dialysis, or use of a mechanical assist device at 30 days. However, the study demonstrated statistically significant reductions in two of three secondary endpoints including reduction in low cardiac output syndrome (LCOS) and a reduction in postoperative use of secondary inotropes. Patient visits for data on death through day 90 have not yet been completed. The Company has a meeting scheduled with the U.S. Food and Drug Administration (FDA) to review the preliminary trial data and discuss a path forward to bring this potentially lifesaving treatment to the benefit of patients undergoing serious cardiac surgery. <\/p>\n
Intrexon Corporation (XON) recently recorded -2.77 percent change and currently at $21.43 is 5.1 percent away from its 52-week low and down -46.74 percent versus its peak. It has a past 5-day performance of 2.05 percent and trades at an average volume of 1.34M shares. The stock has a 1-month performance of -17.03 percent and is -11.81 percent year-to-date as of the recent close. There were about 118.35M shares outstanding which made its market cap $2.54B. The share price is currently -7.68 percent versus its SMA20, -17.93 percent versus its SMA50, and -19.97 percent versus its SMA200. <\/p>\n
On Jan. 24, 2017 Intrexon Corporation (XON) announced that it has entered into a definitive agreement to acquire GenVec, Inc. (GNVC), a clinical-stage company and pioneer in the development of AdenoVerse gene delivery technology. <\/p>\n
Intrexon intends to integrate and expand upon GenVecs expertise in adenoviral vectors and cGMP drug product manufacturing to enhance its broad gene transfer capabilities that encompass multiple viral and non-viral platforms. Notably, the combined technologies have the potential to yield the next generation of adenoviral (AdV) delivery through the creation of a scalable manufacturing platform utilizing helper-dependent adenovirus with significantly higher payload capacity of >30kb, as compared to current viral delivery methods ranging from 4.5kb 9kb. <\/p>\n<\/p>\n
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More: Tenax Therapeutics, Inc. (TENX) ended last trading session with a change of 1.3 percent. It trades at an average volume of 1.1M shares versus 3.36M shares recorded at the end of last trading session. Continue reading
\nTop Biotechnology Stock Picking: Tenax Therapeutics, Inc. (TENX ... - The Independent Republic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"