4.38
+10.89%
Close of 9 Nov 2026, in USD
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About Clene
From its filings with the US Securities and Exchange Commission
Clene is based in Salt Lake City, Utah and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker CLNN. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported revenue of $200,000 and a net loss of $26.2m. At that date it held total assets of $18.1m and shareholders' equity of −$17.6m. By business, Product [Member] brought in 58.5% of revenue, followed by Royalty [Member] at 40.5%.
We are a clinical-stage pharmaceutical company pioneering the discovery, development, and commercialization of novel clean-surfaced nanotechnology (“CSN®”) therapeutics. CSN® therapeutics are comprised of atoms of transition elements that, when assembled in nanocrystal form, possess unusually high, unique catalytic activities not present in those same elements in bulk form. These catalytic activities drive, support, and maintain beneficial metabolic and energetic cellular reactions within diseased, stressed, and damaged cells.
We believe that our patent-protected, proprietary position affords us the potential to develop a broad and deep pipeline of novel CSN therapeutics to address a range of diseases with high impact on human health. We innovated an electro-crystal-chemistry drug development platform that draws from advances in nanotechnology, plasma and quantum physics, materials science, and biochemistry. Our platform process results in nanocrystals with faceted structures and surfaces that are free of the chemical surface modifications that accompany other production methods. Many traditional methods of nanoparticle synthesis involve the unavoidable deposition of potentially toxic organic residues and stabilizing surfactants on the particle surfaces. Synthesizing stable nanocrystals that are both nontoxic and highly catalytic has overcome this significant hurdle in harnessing transition metal catalytic activity for therapeutic use.
Quoted from its 10-K, filed 17 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Biotechnology
- Listed since
- 27 Aug 2018
- Employees
- 75
- Website
- clene.com ↗
- Head office
- 6550 SOUTH MILLROCK DRIVE, SUITE G50, SALT LAKE CITY, UT, 84121
- Incorporated in
- DE
- Classification
- Pharmaceutical Preparations
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. David MatlinIndependent Chairman of the Board$86,676
- Mr. Robert EtheringtonPresident, Chief Executive Officer, Director, since 2013$1.4m
- Mr. Mark MortensonCo-Founder, Chief Science Officer$1.1m
- Mr. Morgan BrownChief Financial Officer$760,567
- Dr. Arjun DesaiIndependent Director$54,806
- Mr. Jonathon GayIndependent Director$60,290
- Mr. Shalom JacobovitzIndependent Director$68,254
- Prof. Matthew KiernanIndependent Director$48,832
- Dr. Vallerie MclaughlinIndependent Director$52,815
- Ms. Alison MoscaIndependent Director$69,745
- Mr. Reed WilcoxIndependent Director, since 2013$38,946
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 67
- Environment
- 72
- Social
- 69
- Governance
- 59
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Headquartered in Salt Lake City, Utah with 75 employees
- Focus on neurodegenerative diseases through targeting energetic failure
- Drug candidate CNM-Au8 targets neuronal health and function via gold nanocrystals
Weaknesses
- Company is clinical-stage with no commercialized products
- Reliance on a single drug candidate CNM-Au8 for neurodegenerative diseases
- Limited product portfolio with only two other development-stage products
Opportunities
- Potential for CNM-Au8 to address unmet needs in neurodegenerative disease treatment
- Expansion of CNM-ZnAg and CNM-AgZn17 into infectious disease markets
- Growth in biotechnology sector with increasing focus on neurodegenerative conditions
Threats
- Clinical trial failures could delay or halt development of CNM-Au8
- Competition from other biotech firms developing similar therapies
- Regulatory hurdles may impact approval timelines for drug candidates
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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