Market Cap 77.95M
Revenue (ttm) 200,000.00
Net Income (ttm) -26.17M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -13,085.00%
Debt to Equity Ratio -0.25
Volume 30,000
Avg Vol 598,988
Day's Range N/A - N/A
Shares Out 12.78M
Stochastic %K 58%
Beta 0.92
Analysts Strong Sell
Price Target $32.00

Company Profile

Clene Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel clean-surfaced nanotechnology (CSN) therapeutics. The company's 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...

Industry: Packaged Foods
Sector: Consumer Defensive
Phone: 801 676 9695
Website: clene.com
Address:
6550 South Millrock Drive, Suite G50, Salt Lake City, United States
fibonacci1170
fibonacci1170 Jul. 3 at 8:35 PM
$CLNN I just realized that I had misinterpreted the FDA minutes. I thought the FDA asked CLENE to show that the 10% lowering of Nfl levels led to clinical benefit in the cnmau8 patients, which can be very difficult to prove if cnmau8 only helps patients to live longer in a vegetative state without improving their motor functions. Now I realize that this is not what the FDA wants to see. Instead, the FDA wants to see: 1. A clear demonstration of NfL level reduction using cnmau8. (CLENE has a ton of solid data on this already). 2. Does lowering the NfL levels (by 5%, 10%, whatever..) have any clinical benefit for patients? (This need not be cnmau8 based data. This correlation can be demonstrated from previous ALS datasets. The recent poster by CLENE in Spain just proved this correlation). Overall, it seems that CLENE has all the data that the FDA wants to see in the NDA filing, and that this will be a slam dunk approval. Let me know if my understanding is still wrong.
1 · Reply
fibonacci1170
fibonacci1170 Jul. 2 at 6:07 PM
$CLNN CNM-Au8 is the most advanced nanozyme in biomedicine. I guess being alone at the top explains the skepticism and lack of buzz around CNM-Au8's efficacy. But I think CLENE has got a winner. Outrageous upside over the next 3-9 months.
0 · Reply
prusio1
prusio1 Jul. 2 at 2:54 PM
$CLNN CLNN is sitting on an absurdly thin float. It only takes one legit catalyst to wake this thing up, and once volume hits, it doesn’t move, it launches. When supply of the shares is microscopic, the upside isn’t capped. It’s undefined. Extreme patience is imperative. I am accumulating through August.
1 · Reply
Mulhollandr
Mulhollandr Jul. 2 at 2:46 PM
$CLNN https://spj.science.org/doi/10.34133/research.1318?__cf_chl_f_tk=So9IiDf.4s3nax_PAOvglp1fZ0siJCgUTDtZCjMAHFs-1783003566-1.0.1.1-.JukNwnX7NBkAvEVhQCIZdS7CHtnM28eR9E_rSBjDf0
0 · Reply
neuroinvestor3
neuroinvestor3 Jul. 1 at 1:56 PM
$CLNN Asked the ChatGPT this question "what are the odds CLNN stock price increases once they announce the filing of the FDA AA data package?" Answer: There isn't a reliable way to assign a precise probability that CLNN will rise when it announces that it has filed its FDA Accelerated Approval (AA) data package. The market reaction depends less on the filing itself than on what investors believe it implies about the likelihood of approval and commercialization. Here's how I'd think about it: A filing announcement is generally a positive catalyst. It signals the company has reached an important regulatory milestone and believes its package is complete enough to submit. However, filings are often anticipated. If investors already expect the submission, part (or most) of the positive effect may already be reflected in the stock price. The content of the announcement matters. If management provides additional details—such as the strength of the data, FDA interactions, (cont)
2 · Reply
vijaykamat14
vijaykamat14 Jul. 1 at 11:05 AM
$CLNN break through $9 soon. Q3 is here
1 · Reply
fibonacci1170
fibonacci1170 Jun. 30 at 8:28 PM
$CLNN upside in this ticker is obscene, if we can get AA for ALS.
0 · Reply
Ravery
Ravery Jun. 30 at 6:20 PM
$CLNN Something that really has not been discussed here is pricing. IF approved, what kind of annual run rate could cnm-au8 generate? With about 500,000 cases worldwide and 35,000 here in the US, that is a significant addressable market. It is relevant to ponder, even though the the fda has not even accepted the NDA yet. What kind of upside are we talking here?
1 · Reply
Mulhollandr
Mulhollandr Jun. 30 at 3:27 PM
0 · Reply
Takeover24
Takeover24 Jun. 30 at 12:47 PM
$CLNN It is interesting to me that people seemed to be focused on the ~10% average NfL reduction rather than what the underlying data is increasingly suggesting. Much of the discussion focuses on the overall mean effect, but that average may be masking a heterogeneous response distribution, which is exactly what you would expect in a complex neurodegenerative disease like ALS. CLNN has reported exploratory analyses suggesting that some patients experience meaningfully larger reductions in NfL, and those deeper reductions tend to track with more favorable survival trends. This is consistent with broader ALS biology, where lower NfL is strongly and reproducibly associated with improved prognosis across multiple independent datasets. So the key issue is not whether the average is “modest,” but whether a meaningful subset of patients is shifting into a higher-response category with biologically significant NfL reductions. (con't)
2 · Reply
Latest News on CLNN
Clene reports Q1 EPS (69c), consensus (70c)

2026-05-14T16:30:10.000Z - 7 weeks ago

Clene reports Q1 EPS (69c), consensus (70c)


Clene Quarterly report: Q1 2026

May 14, 2026, 7:00 AM EDT - 7 weeks ago

Clene Quarterly report: Q1 2026


Clene Earnings release: Q1 2026

May 14, 2026, 7:00 AM EDT - 7 weeks ago

Clene Earnings release: Q1 2026


Clene price target raised to $50 from $48 at Canaccord

2026-05-08T11:23:32.000Z - 2 months ago

Clene price target raised to $50 from $48 at Canaccord


Clene Transcript: Emerging Growth Conference 92

May 6, 2026, 3:25 PM EDT - 2 months ago

Clene Transcript: Emerging Growth Conference 92


Clene to Present at Upcoming May Conferences

May 5, 2026, 8:00 AM EDT - 2 months ago

Clene to Present at Upcoming May Conferences


Clene Proxy statement: Proxy filing

Apr 10, 2026, 8:00 AM EDT - 3 months ago

Clene Proxy statement: Proxy filing


Clene Proxy statement: Proxy filing

Apr 10, 2026, 8:00 AM EDT - 3 months ago

Clene Proxy statement: Proxy filing


Clene reports FY25 EPS ($2.65), consensus ($2.35)

2026-03-12T12:12:18.000Z - 4 months ago

Clene reports FY25 EPS ($2.65), consensus ($2.35)


Clene Annual report: Q4 2025

Mar 12, 2026, 8:00 AM EDT - 4 months ago

Clene Annual report: Q4 2025


Clene Annual report: Q4 2025

Mar 12, 2026, 8:00 AM EDT - 4 months ago

Clene Annual report: Q4 2025


Clene Earnings release: Q4 2025

Mar 12, 2026, 8:00 AM EDT - 4 months ago

Clene Earnings release: Q4 2025


Clene Transcript: Emerging Growth Virtual Conference

Feb 25, 2026, 1:45 PM EST - 4 months ago

Clene Transcript: Emerging Growth Virtual Conference


Clene issues letter to shareholders on CNM-Au8 2026 catalysts

2026-02-24T13:13:07.000Z - 4 months ago

Clene issues letter to shareholders on CNM-Au8 2026 catalysts


Clene to Present at the Emerging Growth Conference

Feb 19, 2026, 8:30 AM EST - 4 months ago

Clene to Present at the Emerging Growth Conference


Clene Transcript: Emerging Growth Conference 89

Jan 21, 2026, 3:10 PM EST - 5 months ago

Clene Transcript: Emerging Growth Conference 89


Clene announces over $28M registered direct offering

2026-01-09T13:41:01.000Z - 6 months ago

Clene announces over $28M registered direct offering


Clene Announces Registered Direct Offering of Over $28 Million

Jan 9, 2026, 8:30 AM EST - 6 months ago

Clene Announces Registered Direct Offering of Over $28 Million


Clene Transcript: Emerging Growth Conference 88

Dec 10, 2025, 4:25 PM EST - 7 months ago

Clene Transcript: Emerging Growth Conference 88


Clene price target raised to $30 from $20 at Maxim

2025-12-03T18:15:36.000Z - 7 months ago

Clene price target raised to $30 from $20 at Maxim


Clene Transcript: Study Update

Dec 3, 2025, 8:30 AM EST - 7 months ago

Clene Transcript: Study Update


Clene Press release: Study Update

Dec 3, 2025, 8:30 AM EST - 7 months ago

Clene Press release: Study Update


Clene Slides: Study Update

Dec 3, 2025, 8:30 AM EST - 7 months ago

Clene Slides: Study Update


Clene to Provide CNM-Au8® ALS Program Update

Dec 2, 2025, 5:39 PM EST - 7 months ago

Clene to Provide CNM-Au8® ALS Program Update


Clene reports Q3 EPS (85c), consensus (56c)

2025-11-13T13:10:28.000Z - 8 months ago

Clene reports Q3 EPS (85c), consensus (56c)


Clene sees cash runway into 2Q26

2025-11-13T13:10:16.000Z - 8 months ago

Clene sees cash runway into 2Q26


Clene Earnings release: Q3 2025

Nov 13, 2025, 8:00 AM EST - 8 months ago

Clene Earnings release: Q3 2025


Clene Quarterly report: Q3 2025

Nov 13, 2025, 8:00 AM EST - 8 months ago

Clene Quarterly report: Q3 2025


Clene Transcript: Emerging Growth Conference

Oct 23, 2025, 3:10 PM EDT - 9 months ago

Clene Transcript: Emerging Growth Conference


Clene announces presentation of combined REPAIR-MS results

2025-09-25T12:10:32.000Z - 10 months ago

Clene announces presentation of combined REPAIR-MS results


Clene price target lowered to $31 from $33 at Benchmark

2025-09-10T12:00:43.000Z - 10 months ago

Clene price target lowered to $31 from $33 at Benchmark


Clene files to sell 491,496 shares of common stock for holders

2025-09-05T20:20:08.000Z - 10 months ago

Clene files to sell 491,496 shares of common stock for holders


Clene Registration statement: Registration Filing

Sep 5, 2025, 8:00 AM EDT - 10 months ago

Clene Registration statement: Registration Filing


Clene Transcript: Emerging Growth Conference 85

Aug 20, 2025, 2:20 PM EDT - 11 months ago

Clene Transcript: Emerging Growth Conference 85


Clene price target lowered to $48 from $83 at Canaccord

2025-08-18T10:40:11.000Z - 11 months ago

Clene price target lowered to $48 from $83 at Canaccord


Clene reports Q2 EPS (78c) vs ($1.06) last year

2025-08-14T12:45:43.000Z - 11 months ago

Clene reports Q2 EPS (78c) vs ($1.06) last year


Clene Earnings release: Q2 2025

Aug 14, 2025, 8:30 AM EDT - 11 months ago

Clene Earnings release: Q2 2025


Clene Quarterly report: Q2 2025

Aug 14, 2025, 8:30 AM EDT - 11 months ago

Clene Quarterly report: Q2 2025


Clene to Present at the Canaccord 45th Annual Growth Conference

Aug 5, 2025, 8:30 AM EDT - 11 months ago

Clene to Present at the Canaccord 45th Annual Growth Conference


Clene Transcript: Emerging Growth Conference 84

Jul 17, 2025, 3:10 PM EDT - 1 year ago

Clene Transcript: Emerging Growth Conference 84


Clene Transcript: Q2 Virtual Investor Summit Event

Jun 10, 2025, 1:00 PM EDT - 1 year ago

Clene Transcript: Q2 Virtual Investor Summit Event


Clene Transcript: Emerging Growth Conference 82

May 21, 2025, 3:10 PM EDT - 1 year ago

Clene Transcript: Emerging Growth Conference 82


Clene Slides: Investor Presentation

May 14, 2025, 7:00 AM EDT - 1 year ago

Clene Slides: Investor Presentation


Clene Earnings release: Q1 2025

May 7, 2025, 8:00 AM EDT - 1 year ago

Clene Earnings release: Q1 2025


Clene Quarterly report: Q1 2025

May 7, 2025, 8:00 AM EDT - 1 year ago

Clene Quarterly report: Q1 2025


Clene Proxy statement: Proxy Filing

Apr 8, 2025, 8:00 AM EDT - 1 year ago

Clene Proxy statement: Proxy Filing


Clene Proxy statement: Proxy Filing

Apr 8, 2025, 8:00 AM EDT - 1 year ago

Clene Proxy statement: Proxy Filing


Clene Proxy statement: Proxy Filing

Mar 28, 2025, 8:00 AM EDT - 1 year ago

Clene Proxy statement: Proxy Filing


Clene Annual report: Q4 2024

Mar 24, 2025, 9:00 AM EDT - 1 year ago

Clene Annual report: Q4 2024


Clene Earnings release: Q4 2024

Mar 24, 2025, 9:00 AM EDT - 1 year ago

Clene Earnings release: Q4 2024


Clene Registration statement: Registration Filing

Mar 24, 2025, 8:00 AM EDT - 1 year ago

Clene Registration statement: Registration Filing


Clene Transcript: 37th Annual ROTH Conference

Mar 18, 2025, 12:30 PM EDT - 1 year ago

Clene Transcript: 37th Annual ROTH Conference


Clene to Present at the 37TH Annual Roth Conference

Mar 6, 2025, 8:30 AM EST - 1 year ago

Clene to Present at the 37TH Annual Roth Conference


Clene Registration statement: Registration Filing

Jan 24, 2025, 7:00 AM EST - 1 year ago

Clene Registration statement: Registration Filing


Clene Slides: Investor Presentation

Dec 10, 2024, 7:00 AM EST - 1 year ago

Clene Slides: Investor Presentation


Clene Quarterly report: Q3 2024

Nov 13, 2024, 7:00 AM EST - 1 year ago

Clene Quarterly report: Q3 2024


Clene Earnings release: Q3 2024

Nov 13, 2024, 7:00 AM EST - 1 year ago

Clene Earnings release: Q3 2024


Clene Registration statement: Registration Filing

Nov 13, 2024, 7:00 AM EST - 1 year ago

Clene Registration statement: Registration Filing


Clene Quarterly report: Q2 2024

Aug 7, 2024, 7:00 AM EDT - 2 years ago

Clene Quarterly report: Q2 2024


Clene Earnings release: Q2 2024

Aug 7, 2024, 7:00 AM EDT - 2 years ago

Clene Earnings release: Q2 2024


Clene Announces 1-for-20 Reverse Stock Split

Jul 9, 2024, 8:00 AM EDT - 2 years ago

Clene Announces 1-for-20 Reverse Stock Split


Clene Quarterly report: Q1 2024

May 8, 2024, 7:00 AM EDT - 2 years ago

Clene Quarterly report: Q1 2024


Clene Earnings release: Q1 2024

May 8, 2024, 7:00 AM EDT - 2 years ago

Clene Earnings release: Q1 2024


Clene Proxy statement: Proxy Filing

Apr 16, 2024, 8:00 AM EDT - 2 years ago

Clene Proxy statement: Proxy Filing


Clene Proxy statement: Proxy Filing

Apr 16, 2024, 8:00 AM EDT - 2 years ago

Clene Proxy statement: Proxy Filing


Clene Proxy statement: Proxy Filing

Apr 5, 2024, 8:00 AM EDT - 2 years ago

Clene Proxy statement: Proxy Filing


Clene Annual report: Q4 2023

Mar 13, 2024, 8:00 AM EDT - 2 years ago

Clene Annual report: Q4 2023


Clene Earnings release: Q4 2023

Mar 13, 2024, 8:00 AM EDT - 2 years ago

Clene Earnings release: Q4 2023


fibonacci1170
fibonacci1170 Jul. 3 at 8:35 PM
$CLNN I just realized that I had misinterpreted the FDA minutes. I thought the FDA asked CLENE to show that the 10% lowering of Nfl levels led to clinical benefit in the cnmau8 patients, which can be very difficult to prove if cnmau8 only helps patients to live longer in a vegetative state without improving their motor functions. Now I realize that this is not what the FDA wants to see. Instead, the FDA wants to see: 1. A clear demonstration of NfL level reduction using cnmau8. (CLENE has a ton of solid data on this already). 2. Does lowering the NfL levels (by 5%, 10%, whatever..) have any clinical benefit for patients? (This need not be cnmau8 based data. This correlation can be demonstrated from previous ALS datasets. The recent poster by CLENE in Spain just proved this correlation). Overall, it seems that CLENE has all the data that the FDA wants to see in the NDA filing, and that this will be a slam dunk approval. Let me know if my understanding is still wrong.
1 · Reply
fibonacci1170
fibonacci1170 Jul. 2 at 6:07 PM
$CLNN CNM-Au8 is the most advanced nanozyme in biomedicine. I guess being alone at the top explains the skepticism and lack of buzz around CNM-Au8's efficacy. But I think CLENE has got a winner. Outrageous upside over the next 3-9 months.
0 · Reply
prusio1
prusio1 Jul. 2 at 2:54 PM
$CLNN CLNN is sitting on an absurdly thin float. It only takes one legit catalyst to wake this thing up, and once volume hits, it doesn’t move, it launches. When supply of the shares is microscopic, the upside isn’t capped. It’s undefined. Extreme patience is imperative. I am accumulating through August.
1 · Reply
Mulhollandr
Mulhollandr Jul. 2 at 2:46 PM
$CLNN https://spj.science.org/doi/10.34133/research.1318?__cf_chl_f_tk=So9IiDf.4s3nax_PAOvglp1fZ0siJCgUTDtZCjMAHFs-1783003566-1.0.1.1-.JukNwnX7NBkAvEVhQCIZdS7CHtnM28eR9E_rSBjDf0
0 · Reply
neuroinvestor3
neuroinvestor3 Jul. 1 at 1:56 PM
$CLNN Asked the ChatGPT this question "what are the odds CLNN stock price increases once they announce the filing of the FDA AA data package?" Answer: There isn't a reliable way to assign a precise probability that CLNN will rise when it announces that it has filed its FDA Accelerated Approval (AA) data package. The market reaction depends less on the filing itself than on what investors believe it implies about the likelihood of approval and commercialization. Here's how I'd think about it: A filing announcement is generally a positive catalyst. It signals the company has reached an important regulatory milestone and believes its package is complete enough to submit. However, filings are often anticipated. If investors already expect the submission, part (or most) of the positive effect may already be reflected in the stock price. The content of the announcement matters. If management provides additional details—such as the strength of the data, FDA interactions, (cont)
2 · Reply
vijaykamat14
vijaykamat14 Jul. 1 at 11:05 AM
$CLNN break through $9 soon. Q3 is here
1 · Reply
fibonacci1170
fibonacci1170 Jun. 30 at 8:28 PM
$CLNN upside in this ticker is obscene, if we can get AA for ALS.
0 · Reply
Ravery
Ravery Jun. 30 at 6:20 PM
$CLNN Something that really has not been discussed here is pricing. IF approved, what kind of annual run rate could cnm-au8 generate? With about 500,000 cases worldwide and 35,000 here in the US, that is a significant addressable market. It is relevant to ponder, even though the the fda has not even accepted the NDA yet. What kind of upside are we talking here?
1 · Reply
Mulhollandr
Mulhollandr Jun. 30 at 3:27 PM
0 · Reply
Takeover24
Takeover24 Jun. 30 at 12:47 PM
$CLNN It is interesting to me that people seemed to be focused on the ~10% average NfL reduction rather than what the underlying data is increasingly suggesting. Much of the discussion focuses on the overall mean effect, but that average may be masking a heterogeneous response distribution, which is exactly what you would expect in a complex neurodegenerative disease like ALS. CLNN has reported exploratory analyses suggesting that some patients experience meaningfully larger reductions in NfL, and those deeper reductions tend to track with more favorable survival trends. This is consistent with broader ALS biology, where lower NfL is strongly and reproducibly associated with improved prognosis across multiple independent datasets. So the key issue is not whether the average is “modest,” but whether a meaningful subset of patients is shifting into a higher-response category with biologically significant NfL reductions. (con't)
2 · Reply
paule815
paule815 Jun. 30 at 12:35 PM
$CLNN does anyone have 20k shares or more? If you do, can I be your friend? I do not have 20k shares. I’ll submit a friendship application to HR.
1 · Reply
Chris150
Chris150 Jun. 30 at 11:55 AM
$CLNN Clene Inc.(NasdaqCM:CLNN) added to Russell Microcap Index https://www.marketscreener.com/news/clene-inc-nasdaqcm-clnn-added-to-russell-microcap-index-ce7f5fdedd89f221 Russell Microcap Index Reconstitution/Rebalancing List - June 2026, Clene Inc. bottom of 1st page https://www.lseg.com/content/dam/ftse-russell/en_us/documents/other/rmicro-additions-20260626.pdf
0 · Reply
fibonacci1170
fibonacci1170 Jun. 30 at 1:49 AM
$CLNN CLENE says 10% reduction in Nfl levels led to 7% survival benefit How did they deduce that? Was this data statistically significant? For example, if a patient lives 15 instead of 14 months, that's 7% survival benefit. But how did clene estimate that the baseline is 14%? I hope it is not the case but it all sounds a massive amount of handwaving and cherry picking data points. Any kind of survival benefit is welcome news for the patients, but from the FDA's standpoint, how did clene perform the statistical analysis to come up with such numbers? Seems marginal, and contrived analysis. Hope to be wrong but clene will have a nearby impossible task to convince the FDA biostatisticians. $10 would 2x my investment, and I might half my position to play with only the house money. From these numbers I am not convinced CLENE has the data to warrant accelerated approval.
1 · Reply
Takeover24
Takeover24 Jun. 29 at 5:07 PM
$CLNN Another new high profile ALS diagnosis revealed with former NFL star Chris Johnson announcing during an interview with Michael Strahan on GMA that he has ALS. So much attention now on this horrible disease and will be a lot of pressure on FDA to approve a new treatment or have a robust justification for another rejection. Given CNM Au8 is safe for all and perhaps the easiest drug to administer / take, even if it only helps some how can FDA possibly tells these patients sorry you have to wait another few years for a phase 3? I know it is not as simple as this but I do feel that the political climate has completely shifted in the past year and CLNN's chances are stronger than ever for AA.
1 · Reply
Chris150
Chris150 Jun. 29 at 2:21 PM
$CLNN Just fyi FDA posted a video about clinical outcome vs surrogate endpoints for rare diseases, which is applicable for ALS as well. Understanding Endpoints in Rare Disease Drug Development https://www.youtube.com/watch?v=lHQ66qjXPoU
0 · Reply
Chris150
Chris150 Jun. 29 at 11:18 AM
$CLNN 2/2 The abstracts from the two publications about Clene's posters below. https://www.aan.com/msa/Public/Events/AbstractDetails/65039 https://www.mdaconference.org/abstract-library/lb-igfbp7-as-a-nexus-biomarker-identifying-a-coordinated-treatment-response-phenotype-in-als-post-hoc-exploratory-analysis-from-regimen-c-of-the-healey/
0 · Reply
Chris150
Chris150 Jun. 29 at 11:13 AM
$CLNN 1/2 Clene presented two posters at the ENCALS Meeting in Madrid last week. (I think this is the Linkedin post @Takeover24 wanted to share). https://www.linkedin.com/posts/clene-nanomedicine_encals-als-activity-7476276845445943296-QVG0 We were proud to have our Vice President of Medical Affairs, Marjan Sepassi, present two posters at the ENCALS Meeting in Madrid. The meeting brought together members of the global ALS community to share research, exchange insights, and advance conversations around improving care and outcomes for people living with ALS. We thank Marjan, our collaborators, and everyone who contributed to this work.
0 · Reply
Takeover24
Takeover24 Jun. 27 at 2:32 PM
$CLNN https://www.linkedin.com/feed Continuing to establish the link between NFL decrease and survival!
1 · Reply
Mulhollandr
Mulhollandr Jun. 26 at 8:01 PM
$CLNN not upset with that close.
1 · Reply
goldenegg1
goldenegg1 Jun. 26 at 3:06 PM
$CLNN Looks like a cap, but it’s just low‑float biotech mechanics. Market makers and algos pin the price when liquidity is thin and positioning isn’t finished. These walls vanish the moment volume spikes or a real buyer steps in. Nothing fundamental changed — just tape games in a small name. Accumulating when I can.
1 · Reply
Mulhollandr
Mulhollandr Jun. 25 at 10:00 PM
$CLNN I fed info and asked Claude to challenge me over a lengthy exchange where I provided points and counter points to Claude’s pushback. Here is where we landed. (1) $CLNN bull case, comprehensively. Sub-$100M cap with NDA submission targeted Q3 2026 for CNM-Au8 in ALS under accelerated approval pathway (Subpart H). FDA’s final May 2026 meeting minutes confirmed the proposed data may support submission, with NfL serving as a reasonably likely surrogate endpoint. This wasn’t a one-meeting outcome — it’s the product of years of iterated FDA dialogue. Multiple Type C meetings, written guidance from DN1, FDA-recommended analyses pursued and delivered. The agency walked Clene through the gate. That dialogue pattern materially lowers the probability of an efficacy-driven CRL relative to base rate.
3 · Reply
Mulhollandr
Mulhollandr Jun. 25 at 8:36 PM
$CLNN short interest dropped just a touch to just over a million shares.
0 · Reply