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Morrisville pharma Tenax buying firm with promising hypertension drug – shares soar 38% - Vimarsana News

Morrisville pharma Tenax buying firm with promising hypertension drug – shares soar 38%

MORRISVILLE –Tenax Therameputics is acquiring an Illinois-based biotech firm with a promising hypertension treatment and named that company’s cofounder as its chief medical officer. Tenax (Nasdaq: TENX) shares soared 38% to $2.45 shortly after the announced deal for PH Precision Med (PHPM) and the appointment of Stuart Rich, MD, as its CMO early Tuesday. Tenax is paying some 12 million shares of stock to PHPM shareholders. PHPM is focused on a potential treatment of pulmonary arterial hypertension, and its lead candidate has received Orphan Drug Designation from the FDA. The drug – a ...

Alula Unveils New PRO Partner Program Tools to Help Dealers Finance, Scale and Market Their Business - Vimarsana News

Alula Unveils New PRO Partner Program Tools to Help Dealers Finance, Scale and Market Their Business

Alula Unveils New PRO Partner Program Tools to Help Dealers Finance, Scale and Market Their Business Share Article Alula Pros can access a broad range of services to enable rapid, cost-effective growth “Many security professionals today are looking over their shoulder as tech giants like Amazon make inroads into the connected smart-home and security space,” said Warren Hill, Alula’s Director of Partner Development. “We are offering additional tools and services that help level the playing field.” ST. PAUL, Minn. (PRWEB) ...

Source: prweb.com