Clene Stock (NASDAQ:CLNN)


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$6.10

52W Range

$3.25 - $13.50

50D Avg

$6.26

200D Avg

$6.55

Market Cap

$61.95M

Avg Vol (3M)

$504.33K

Beta

0.92

Div Yield

-

CLNN Company Profile


Clene Inc. is a biopharmaceutical firm in the clinical development phase, dedicated to the discovery, advancement, and market introduction of pioneering therapeutic agents utilizing clean-surfaced nanotechnology (CSN). CNM-Au8 stands as its flagship compound, currently under evaluation across a diverse range of clinical studies. This includes a pivotal Phase 2/3 study intended for regulatory submission in individuals battling amyotrophic lateral sclerosis (ALS). The company has successfully concluded a Phase 2 proof-of-concept trial for those with early manifestations of ALS. Furthermore, two open-label, investigator-blinded Phase 2 trials assessing brain energy metabolism have been finished. An ongoing Phase 2 trial is investigating CNM-Au8's potential to mitigate visual pathway deficits stemming from chronic optic neuropathy, aiming for remyelination in stable relapsing Multiple Sclerosis patients. A Phase 2 clinical investigation targeting Parkinson's Disease patients is also slated for commencement. Beyond its leading candidate, Clene's pipeline extends to include CNM-AgZn17. This gel formulation, comprising silver and zinc ions, is in development to combat infectious diseases and hasten wound recovery. Additionally, CNM-ZnAg acts as a broad-spectrum antiviral and antibacterial compound, designed to address various infectious conditions like COVID-19, while also offering immune support for symptom alleviation. For oncology, CNM-PtAu7 is a gold-platinum CSN therapeutic agent currently in development. The company also distributes dietary supplements, featuring rMetx, a liquid supplement containing zinc-silver ions, and KHC46, an aqueous gold supplement with trace amounts of gold nanoparticles. Clene Inc. maintains its headquarters 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 25Dec 24Dec 22
Royalty$81.00K$105.00K$144.00K
Product$119.00K$237.00K$316.00K

Fiscal year ends in Dec 25 | Currency in USD

CLNN Financial Summary


Dec 25Dec 24Dec 23
Revenue$200.00K$342.00K$654.00K
Operating Income$-23.08M$-33.09M$-40.54M
Net Income$-26.17M$-39.40M$-49.50M
EBITDA$-23.08M$-33.69M$-43.24M
Basic EPS$-2.65$-5.67$-9.43
Diluted EPS$-2.65$-5.67$-9.43

Fiscal year ends in Dec 25 | Currency in USD

Peer Comparison


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