Clene Stock (NASDAQ:CLNN)


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$3.76

52W Range

$2.28 - $6.96

50D Avg

$3.47

200D Avg

$4.27

Market Cap

$32.25M

Avg Vol (3M)

$91.85K

Beta

0.48

Div Yield

-

CLNN Company Profile


Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its lead drug is CNM-Au8, which is being studied in various clinical trials, including a Phase 2/3 registrational clinical trial for patients with amyotrophic lateral sclerosis (ALS); completed Phase 2 proof of concept clinical trial in patients with early symptomatic ALS; completed two open-label investigator blinded Phase 2 clinical trials on the brain's energy metabolites; ongoing Phase 2 clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing Multiple Sclerosis; and a planned Phase 2 clinical trial for the treatment of patients with Parkinson's Diseases. The company's products also include CNM-AgZn17, a gel polymer suspension of silver and zinc ions that is being developed for the treatment of infectious diseases and to accelerate wound healing; CNM-ZnAg, a broad-spectrum antiviral and antibacterial agent to treat infection disease, such as COVID-19 and to provide immune support for symptom resolution; and CNM-PtAu7, a gold-platinum CSN therapeutic for oncology applications. It also markets and distributes dietary supplements comprising rMetx, an aqueous zinc-silver ion dietary supplement; and KHC46, an aqueous gold dietary supplement of very low-concentration Au nanoparticles. The company is headquartered in Salt Lake City, Utah.

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Industry

Biotechnology

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

75

IPO Date

Oct 18, 2018

Website

CLNN Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 22Dec 21
Product$237.00K$316.00K$570.00K
Royalty$105.00K$144.00K$153.00K

Fiscal year ends in Dec 24 | Currency in USD

CLNN Financial Summary


Dec 24Dec 23Dec 22
Revenue$342.00K$654.00K$473.00K
Operating Income$-33.09M$-40.54M$-45.33M
Net Income$-39.40M$-49.50M$-15.28M
EBITDA$-33.09M$-43.24M$-25.21M
Basic EPS$-0.01$-9.43$-4.69
Diluted EPS$-0.01$-9.43$-4.69

Fiscal year ends in Dec 24 | Currency in USD

Peer Comparison


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HCWBHCW Biologics Inc.
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EVAXEvaxion Biotech A/S
PASGPassage Bio, Inc.
RVPHReviva Pharmaceuticals Holdings, Inc.
CNTBConnect Biopharma Holdings Limited
GBIOGeneration Bio Co.