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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.

Rhea-AI Summary
Clene Inc. (CLNN) announced significant reductions in plasma neurofilament light chain levels compared to placebo in patients treated with CNM-Au8 in the HEALEY ALS Platform trial. The company also reported results of the Phase 2 RESCUE ALS study and its open-label extension, as well as a grant from the National Multiple Sclerosis Society to fund Cohort 2 of REPAIR-MS, a Phase 2 clinical study. Clene expects multiple near-term data announcements to support the benefit and safety of CNM-Au8 in ALS patients. The company's cash, cash equivalents, and marketable securities total $49.2 million as of June 30, 2023, including gross proceeds of $40 million from a recent public offering.
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Clene Inc. has announced the pricing of an underwritten public offering of 50,000,000 shares of its common stock and two tranches of warrants. The combined offering price is $0.80 per share. Clene expects to receive total gross proceeds of approximately $40 million. The offering is expected to close on June 21, 2023.
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Clene Inc. has reported new data showing a significant reduction in plasma neurofilament light chain (NfL) levels for participants treated with CNM-Au8 compared to placebo in the HEALEY ALS Platform Trial. NfL is a key biomarker of neurodegeneration and higher levels have been linked to more rapid decline in clinical function and increased mortality risk in ALS patients. The results support the potential of CNM-Au8 as a treatment for ALS.
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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

CLNN Rankings

CLNN Stock Data

35.89M
5.10M
28.28%
12.91%
1.6%
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United States
SALT LAKE CITY