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Clene - CLNN STOCK NEWS

Welcome to our dedicated page for Clene news (Ticker: CLNN), a resource for investors and traders seeking the latest updates and insights on Clene stock.

About Clene Inc. (Nasdaq: CLNN)

Clene Inc. is a late clinical-stage biopharmaceutical company dedicated to revolutionizing treatment options for neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS), multiple sclerosis (MS), and Parkinson’s disease. Headquartered in Salt Lake City, Utah, with research and development facilities in Maryland, Clene is at the forefront of leveraging nanotechnology to address critical unmet medical needs. The company’s patented Clean-Surface Nanocrystal (CSN) Technology enables the production of high-purity nanocrystals that enhance cellular energy metabolism and reduce oxidative stress, key contributors to neurodegeneration.

Core Technology and Innovation

Clene’s proprietary CSN platform represents a paradigm shift in pharmaceutical development, moving beyond traditional small-molecule drugs and biologics. By utilizing high-purity metallic nanocrystals, the technology targets mitochondrial function, the NAD pathway, and oxidative stress, enhancing the survival and functionality of central nervous system cells. This approach is exemplified by Clene’s lead candidate, CNM-Au8®, an oral suspension of gold nanocrystals designed to restore neuronal health and function.

Focus on Neurodegenerative Diseases

Clene is primarily focused on addressing neurodegenerative diseases with limited treatment options. Its flagship product, CNM-Au8®, is being developed for ALS, MS, and Parkinson’s disease. By improving mitochondrial health and reducing biomarkers like neurofilament light (NfL), CNM-Au8® has demonstrated potential in delaying disease progression and improving survival rates in clinical trials. Clene is also exploring the application of CNM-Au8® in rare diseases such as Rett Syndrome, further expanding its therapeutic scope.

Clinical Pipeline and Regulatory Progress

Clene’s clinical pipeline includes multiple Phase 2 and Phase 3 trials for CNM-Au8®. The company has garnered support from the National Institutes of Health (NIH) and other organizations to advance its research. Notably, Clene’s Expanded Access Programs (EAPs) provide real-world evidence of CNM-Au8®’s efficacy, particularly in ALS. These programs, combined with biomarker analyses and survival data, are integral to Clene’s pursuit of an accelerated approval pathway with the U.S. Food and Drug Administration (FDA).

Strategic Partnerships and Market Position

Clene collaborates with leading institutions, including Columbia University and Massachusetts General Hospital, to advance its clinical programs. The company recently partnered with APST Research GmbH to leverage one of the largest ALS biomarker datasets for regulatory submissions. By focusing on mitochondrial health and oxidative stress, Clene differentiates itself from competitors in the neurodegenerative disease space, such as Biogen and Amylyx Pharmaceuticals.

Commitment to Patients and Future Outlook

Clene’s mission is deeply rooted in improving patient outcomes. With over 800 participant-years of safety data and a robust clinical pipeline, the company is well-positioned to address the urgent needs of patients with neurodegenerative diseases. As Clene progresses toward regulatory milestones, its innovative approach to nanomedicine holds promise for transforming the treatment landscape.

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Clene Inc. (Nasdaq: CLNN) reported new data from the 12-month long-term open label extension (OLE) of the CNM-Au8® treatment arm in the HEALEY ALS Platform Trial, showing significantly reduced plasma neurofilament light chain (NfL) levels at 76 weeks relative to placebo, a 60% decreased risk of long-term all-cause mortality, and greater overall treatment effect in delaying the time to morbidity events in the highest risk participants based on baseline NfL levels.
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Clene Inc. (Nasdaq: CLNN) provided an ALS regulatory update from its recent meeting with the U.S. Food and Drug Administration (FDA) regarding CNM-Au8® for the treatment of ALS. The FDA determined that the initial findings on biomarker NfL reduction from the Phase 2 programs were insufficient to support accelerated approval at this time. Clene plans to provide supplemental data for further engagement with the FDA, including additional long-term clinical evidence and biomarker results in the first half of 2024. The company also supports ongoing CNM-Au8 compassionate use programs and plans to launch a Phase 3 ALS confirmatory study in 2024.
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Clene Inc. (Nasdaq: CLNN) and its subsidiary Clene Nanomedicine Inc. announce the successful Phase 2 REPAIR clinical studies for CNM-Au8® in treating neurodegenerative diseases. The studies show significant increase in brain NAD+/NADH ratio, ATP levels, and phosphorylation potential, indicating favorable modulation of brain energy metabolites. The results are published in the Journal of Nanobiotechnology, signaling a significant advancement in the treatment of Parkinson’s disease and multiple sclerosis.
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Clene Inc. (Nasdaq: CLNN) reported statistically significant improved survival benefit of 19.3 months and significantly delayed clinical worsening in patients treated with CNM-Au8® in the RESCUE ALS open-label extension trial. The company also announced a statistically significant long-term survival benefit of 70% decreased risk of death associated with CNM-Au8 treatment in the HEALEY ALS Platform Trial. Additionally, they were awarded a $45.1 million NINDS grant to support research and expanded access of CNM-Au8 in people living with ALS and announced a peer-reviewed publication characterizing CNM-Au8 neuroprotective mechanism of action in a nanotechnology-focused journal. Clene's cash and cash equivalents totaled $42.1 million as of September 30, 2023, and they expect their resources to be sufficient to fund operations into the third quarter of 2024.
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Clene Inc. receives a $45.1 million grant from NINDS to support an Expanded Access Protocol for its investigational drug, CNM-Au8, in ALS.
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Clene Inc. announces the publication of a scientific paper describing the catalytic mechanism of action of its drug CNM-Au8 in neurodegenerative diseases. CNM-Au8 treatment promotes cell survival and preservation of neurite networks. The drug is being investigated as a potential first-in-class treatment for ALS, MS, and PD.
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Clene Inc. (CLNN) to participate in Cantor Fitzgerald Annual Global Healthcare Conference.
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Clene Inc. announces long-term follow-up data for patients treated with CNM-Au8 30mg in the HEALEY ALS Platform Trial, showing improved survival with a 49% decreased risk of death compared to PRO-ACT placebo (p=0.046). Pooled analysis with RESCUE-ALS Trial shows a 59% decreased risk of death (p=0.004). No safety signals observed with over 500 patient years of CNM-Au8 treatment exposure.
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Clene Inc. (Nasdaq: CLNN) to participate in investor conferences in September.
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Clene Inc. announces significant survival benefit and decreased risk of ALS worsening events with CNM-Au8 treatment
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FAQ

What is the current stock price of Clene (CLNN)?

The current stock price of Clene (CLNN) is $4.33 as of March 3, 2025.

What is the market cap of Clene (CLNN)?

The market cap of Clene (CLNN) is approximately 35.9M.

What is Clene Inc.'s core technology?

Clene Inc. utilizes patented Clean-Surface Nanocrystal (CSN) Technology to produce high-purity nanocrystals that enhance cellular energy metabolism and reduce oxidative stress.

What diseases is Clene targeting?

Clene focuses on neurodegenerative diseases, including ALS, MS, and Parkinson’s disease, as well as rare conditions like Rett Syndrome.

What is CNM-Au8®?

CNM-Au8® is Clene’s lead investigational therapy, an oral suspension of gold nanocrystals designed to improve mitochondrial health, reduce oxidative stress, and support neuronal function.

What sets Clene apart from competitors?

Clene differentiates itself through its unique nanotechnology platform, focus on biomarkers like neurofilament light (NfL), and real-world evidence from Expanded Access Programs.

How does Clene generate revenue?

Clene generates revenue through clinical-stage funding, grants (e.g., NIH), and strategic partnerships, with plans for future commercialization.

What is Clene’s regulatory strategy?

Clene is pursuing an accelerated approval pathway with the FDA, leveraging biomarker data, survival analyses, and real-world evidence from its Expanded Access Programs.

What are Clene’s safety findings for CNM-Au8®?

Across over 800 participant-years of treatment, CNM-Au8® has shown no significant safety concerns or serious adverse events related to the therapy.

Who are Clene’s key collaborators?

Clene collaborates with institutions like Columbia University, Massachusetts General Hospital, and APST Research GmbH to advance its clinical programs and regulatory efforts.

What is the potential market impact of CNM-Au8®?

CNM-Au8® has the potential to transform the treatment landscape for neurodegenerative diseases by addressing mitochondrial dysfunction and oxidative stress, key drivers of disease progression.

How does Clene contribute to real-world evidence in ALS?

Clene’s Expanded Access Programs provide real-world evidence of CNM-Au8®’s efficacy, including survival improvement and biomarker reductions, to support regulatory submissions.
Clene

Nasdaq:CLNN

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35.89M
5.10M
28.28%
12.91%
1.6%
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