Clene Inc. CLNN
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Company Overview
Clene Inc. is a U.S.-based clinical-stage biopharmaceutical company focused on developing treatments for neurodegenerative diseases. The company operates within the biotechnology and pharmaceutical industries, with a primary emphasis on therapies intended to improve cellular energy production and neuronal function. Clene’s lead product candidates are based on its proprietary nanotechnology platform designed to enhance mitochondrial function and support cellular bioenerics in diseases involving neurological degeneration and impaired nerve signaling.
The company’s primary revenue and value drivers are tied to the development and commercialization potential of its therapeutic candidates, particularly CNM-Au8, an oral suspension of catalytically active gold nanocrystals under investigation for amyotrophic lateral sclerosis (ALS), multiple sclerosis (MS), and Parkinson’s disease. Clene evolved from earlier nanotechnology research and was founded to apply catalytic nanomaterials to medical therapeutics. The company later became publicly traded through a merger transaction involving a special purpose acquisition company, expanding its access to capital markets and clinical development resources.
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Price History
- Low
- $3.25
- Current
- $4.14
- High
- $13.50
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Corporate Info
Suite G50
Salt Lake City, UT 84121