Clene Nanomedicine

Clene Nanomedicine

Biopharmaceutical company focused on the development of unique therapeutics for neurodegenerative diseases. Learn more

Launch date
Employees
Market cap
€37.3m
Enterprise valuation
€47m (Public information from Sep 2024)
Salt Lake City Utah (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues-<1m<1m<1m<1m<1m6.7m
% growth--251 %(35 %)38 %(34 %)1463 %
EBITDA(14.9m)(16.0m)(48.5m)(45.1m)(52.0m)--
% EBITDA margin-(7770 %)(6704 %)(9529 %)(7958 %)--
Profit(16.2m)(19.3m)(9.7m)(29.9m)(49.5m)--
% profit margin-(9358 %)(1347 %)(6325 %)(7569 %)--
R&D budget9.6m15.2m28.4m31.9m26.7m--
R&D % of revenue-7381 %3930 %6748 %4076 %--
  • Edit
DateInvestorsAmountRound
-

N/A

-
N/A

$31.6m

Series A
N/A

$17.0m

Series B
N/A

$339k

Grant
N/A

$6.1m

Debt

$42.5m

Series D
N/A

N/A

IPO
N/A

$1.0m

Grant
*

$5.0m

Post IPO Debt
*

$45.1m

Grant
Total Funding€125m

Recent News about Clene Nanomedicine

Edit
More about Clene Nanomedicineinfo icon
Edit

Clene Inc. is a clinical-stage biopharmaceutical company focused on developing innovative nanotherapeutics to address cellular energy impairments common in neurodegenerative diseases. The company operates in the biopharmaceutical market, primarily serving patients with conditions such as Amyotrophic Lateral Sclerosis (ALS) and Multiple Sclerosis (MS). Clene's business model revolves around the development and commercialization of its proprietary nanocrystal-based therapies, with its lead drug candidate, CNM-Au8, currently in clinical trials. The company generates revenue through equity and debt financings, out-licensing of commercial-stage assets, and potential future sales of its therapeutic products. Clene aims to revolutionize the treatment landscape for neurodegenerative diseases by restoring and protecting neuronal health and function.

Keywords: nanotherapeutics, neurodegenerative diseases, cellular energy, biopharmaceutical, ALS, MS, clinical trials, CNM-Au8, nanocrystals, therapeutic development.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.