Tenax Therapeutics Announces Amendment To Existing Exclusive License Agreement With Orion Corporation, Expanding Tenax's Territory Rights From North America To The Entire World
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Tenax Therapeutics has expanded its exclusive license agreement with Orion Corporation, extending its territory rights from North America to the entire world. This amendment allows Tenax to have global rights for the development and commercialization of certain products.
February 20, 2024 | 1:32 pm
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Tenax Therapeutics' amendment with Orion Corporation to expand territory rights globally could significantly boost its market potential and investor confidence.
Expanding territory rights from North America to the entire world significantly increases the potential market for Tenax Therapeutics' products. This broader market access could lead to increased revenue opportunities and potentially enhance the company's valuation. Investors might view this expansion positively, as it indicates growth potential and strategic partnerships.
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