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Clene 8/7/2024 Earnings Report

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$4.12 -0.24 (-5.50%)
(As of 05:44 PM ET)

Clene EPS Results

Actual EPS
-$1.06
Consensus EPS
-$1.60
Beat/Miss
Beat by +$0.54
One Year Ago EPS
N/A

Clene Revenue Results

Actual Revenue
$0.09 million
Expected Revenue
$0.10 million
Beat/Miss
Missed by -$10.00 thousand
YoY Revenue Growth
N/A

Clene Announcement Details

Quarter
Time
Before Market Opens

Conference Call Resources

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Clene Earnings Headlines

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About Clene

Clene (NASDAQ:CLNN), 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 also 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.

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