Acquired Company
Clene Nanomedicine Inc. completed the acquisition of Tottenham Acquisition I Limited in a reverse merger transaction on 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
6550 South Millrock Drive, Salt Lake City, UT, 84121, United States
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Market Cap
54.06M
52 Wk Range
$2.28 - $13.50
Previous Close
$4.59
Open
$4.53
Volume
170,905
Day Range
$4.40 - $5.04
Enterprise Value
94.22M
Cash
7.925M
Avg Qtr Burn
-3.992M
Insider Ownership
28.62%
Institutional Own.
21.76%
Qtr Updated
09/30/25
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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 |
