Acquired Company
Tottenham Acquisition I Limited completed its merger with Clene Nanomedicine, Inc., and the combined company began trading as Clene Inc. on the Nasdaq under the ticker CLNN starting December 31, 2020 (closing date December 30, 2020).
Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. Its lead drug candidate is CNM-Au8, which is being studied in various clinical trials, including a completed Phase 2 platform trial to evaluate the safety and efficacy of CNM-Au8 in 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; completed Phase 2 clinical trial for the treatment of visual pathway deficits in chronic optic neuropathy for remyelination in stable relapsing Multiple Sclerosis; and a second Phase 2 clinical trial for the treatment of patients with Parkinson's Diseases. The company develops CNM-AgZn17, a gel polymer suspension of silver and zinc ions that is being developed for the treatment of infectious diseases and to support wound healing; and CNM-ZnAg, a broad-spectrum antiviral and antibacterial agent to treat infection disease and to provide immune support for symptom resolution. In addition, it 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. Show more
Location: 6550 South Millrock Drive, Salt Lake City, UT, 84121, United States | Website: https://clene.com | Industry: Packaged Foods | Sector: Consumer Defensive
Market Cap
55.71M
52 Wk Range
$2.28 - $13.50
Previous Close
$4.73
Open
$4.75
Volume
131,128
Day Range
$4.74 - $5.24
Enterprise Value
69.1M
Cash
7.925M
Avg Qtr Burn
-4.653M
Insider Ownership
28.62%
Institutional Own.
17.10%
Qtr Updated
09/30/25
Drug Pipeline
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| Drug & Indication | Stage & Event | Catalyst Date |
|---|---|---|
CNM-Au8 Details Amyotrophic lateral sclerosis | NDA Submission | |
CNM-Au8 Details Multiple sclerosis | Phase 2 Update | |
CNM-Au8 Details Multiple sclerosis | Phase 2 Update | |
CNM-Au8 Details Amyotrophic lateral sclerosis | Phase 2 Update | |
CNM-ZnAg Details COVID-19 | Failed Discontinued | |
CNM-Au8 Details Parkinson's disease | Failed Discontinued |
