Clene Nanomedicine, Inc.

Clene: Revolutionizing treatments for neurodegenerative disease.

General Information
Company Name
Clene Nanomedicine, Inc.
Founded Year
2013
Location (Offices)
Salt Lake City, United States +2
Founders / Decision Makers
Number of Employees
66
Industries
Biotechnology, Health Care, Pharmaceutical
Funding Stage
Grant
Social Media

Clene Nanomedicine, Inc. - Company Profile

Clene Nanomedicine, Inc. is a late clinical-stage biopharmaceutical company focused on revolutionizing treatments for neurodegenerative diseases. The company's investigational therapy, CNM-Au8®, targets mitochondrial function and the NAD pathway, reducing oxidative stress and improving central nervous system cells' survival and function. Founded in 2013, Clene is based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland. Their most recent investment was a $45.10M grant from the National Institutes of Health on 05 October 2023. With a focus on improving mitochondrial health and protecting neuronal function, Clene is dedicated to advancing therapies for neurodegenerative diseases such as amyotrophic lateral sclerosis, Parkinson’s disease, and multiple sclerosis. Learn more about Clene at www.clene.com.

Taxonomy: biopharmaceutical, neurodegenerative diseases, CNM-Au8®, mitochondrial health, neuronal function, NAD pathway, oxidative stress, nanotechnology drug platform, orally-administered neurotherapeutic drugs, clinical-stage biopharmaceutical, neurotherapeutics, R&D, Maryland, Salt Lake City, clinical-stage

Funding Rounds & Investors of Clene Nanomedicine, Inc. (10)

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Funding Stage Amount No. Investors Investors Date
Grant $45.10M 1 National Institutes of Health 05 Oct 2023
Post-IPO Debt $5.00M 1 31 Oct 2022
Post-IPO Equity $10.80M - 31 Oct 2022
Grant $1.00M 1 13 Dec 2021
Post-IPO Equity $22.40M 1 30 Dec 2020

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Latest News of Clene Nanomedicine, Inc.

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