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Clene Nanomedicine
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Country
U.S.A
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Address
3165 East Millrock Drive, Suite 325 Salt Lake City, Utah 84121
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Telephone
1-801-676-9695
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CNM-Au8 is a catalytically-active gold nanocrystal neuroprotective agent that enhances intracellular energy metabolism. It is currently in development as a disease-modifying treatment for people living with amyotrophic lateral sclerosis.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 22, 2024

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CNM-Au8 is an oral suspension of gold nanocrystals developed to restore neuronal health and function by increasing energy producing reactions that enable neuroprotection and remyelination by increasing neuronal and glial resilience to disease-relevant stressors.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 08, 2024

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CNM-Au8 is a ROS inhibitor small molecule drug candidate, which is currently being evaluated for the treatment of patients with amyotrophic lateral sclerosis.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable December 21, 2023

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The funding will support an Expanded Access Protocol for the Company’s investigational drug, CNM-Au8, an investigational first-in-class therapy, in amyotrophic lateral sclerosis (ALS).


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: National Institute of Neurological Disorders and Stroke

Deal Size: $45.1 million Upfront Cash: Undisclosed

Deal Type: Funding October 05, 2023

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CNM-Au8 is an oral suspension of gold nanocrystals developed to restore neuronal health and function by increasing energy producing reactions that enable neuroprotection and remyelination by increasing neuronal and glial resilience to disease-relevant stressors.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 25, 2023

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Details:

CNM-Au8 is an oral suspension of gold nanocrystals developed to restore neuronal health and function by increasing energy producing reactions that enable neuroprotection and remyelination by increasing neuronal and glial resilience to disease-relevant stressors.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable August 29, 2023

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Details:

Clene intends to use the net proceeds to fund the clinical development of its lead drug candidate, CNM-Au8, an oral suspension of gold nanocrystals developed to restore neuronal health and function by increasing energy production and utilization.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Vivo Capital

Deal Size: $40.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering June 21, 2023

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Clene intends to use the net proceeds to fund the clinical development of its lead drug candidate, CNM-Au8, an oral suspension of gold nanocrystals developed to restore neuronal health and function by increasing energy production and utilization.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Canaccord Genuity

Deal Size: $40.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering June 16, 2023

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Details:

Clene intends to use the net proceeds to fund the clinical development of its lead drug candidate, CNM-Au8, an oral suspension of gold nanocrystals developed to restore neuronal health and function by increasing energy production and utilization.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Canaccord Genuity

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Public Offering June 15, 2023

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Details:

CNM-Au8 is an oral suspension of gold nanocrystals developed to restore neuronal health and function by increasing energy producing reactions that enable neuroprotection and remyelination by increasing neuronal and glial resilience to disease-relevant stressors.


Lead Product(s): CNM-Au8

Therapeutic Area: Neurology Product Name: CNM-Au8

Highest Development Status: Phase II/ Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 15, 2023

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