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CLNN
NASDAQ Life Sciences

Clene Unveils Biomarker Data Supporting ALS NDA, Targets Q4 Filing

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Biotech Stocks · Healthcare
Sentiment info
Positive
Importance info
8
Price
$5.28
Mkt Cap
$67.469M
52W Low
$3.5
52W High
$13.5
52W Position info
51% above low
Off High info
61% below high
Rel. Volume info
0.5× avg
Market data snapshot near publication time

CLNN sits 51% above its 52-week low of $3.5.

Summary

Clene Inc. announced positive biomarker analyses supporting an accelerated approval NDA for its ALS drug CNM-Au8, with submission planned for early Q4 2026. The data show a survival benefit concentrated in patients whose NfL biomarker responded to treatment.


Key Events · Product Development and Regulatory · CLNN

  • Biomarker Data Supports ALS NDA

    New analyses from the HEALEY and RESCUE-ALS trials reveal that CNM-Au8-treated patients whose NfL declined or stabilized had a 38% lower risk of death versus controls (HR 0.621, p=0.037) and significant functional benefits on CAFS.

  • NDA Submission Planned for Early Q4 2026

    Following FDA feedback from a March 2026 Type C meeting, Clene will submit an NDA for accelerated approval of CNM-Au8 for ALS, using NfL as a surrogate endpoint.

  • Phase 3 Confirmatory Trial Designed

    RESTORE-ALS, a 690-patient global trial, will prospectively evaluate the NfL biomarker relationship, with initiation planned for Q2 2027.

  • Cash Runway Extends Only to Q4 2026

    With $12.9M in cash as of March 31, 2026, Clene has sufficient funds only into Q4 2026, making the NDA submission and potential approval critical for survival.


Analysis · CLNN · Life Sciences

Clene disclosed new biomarker analyses from its two Phase 2 ALS trials showing that CNM-Au8-treated patients whose neurofilament light chain (NfL) levels declined or stabilized lived significantly longer and had better functional outcomes than controls. The company plans to submit a New Drug Application for accelerated approval in early Q4 2026, using NfL as a surrogate endpoint. This is a major regulatory catalyst for a micro-cap biotech with a cash runway only into Q4 2026 — the NDA filing and FDA review will determine the company's future.

How filings like this one have moved

In the 30 days to Oct 16, 2026, 36.6% of the 972 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.

Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset

At the time of this filing, CLNN was trading at $5.28 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $67.5M. The 52-week trading range was $3.50 to $13.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.

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CLNN - Latest Insights

CLNN
Sep 16, 2026, 1:05 PM EDT
Filing Type: 424B5
Importance Score:
7
Price at Filing: $4.09
Real-time Price: $3.06 info
Change: -$1.03 (-25%) info
Market Cap: $43.495M info
CLNN
Sep 15, 2026, 9:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $3.09
Real-time Price: $3.06 info
Change: -$0.030 (-0.97%) info
Market Cap: $43.495M info
CLNN
Aug 14, 2026, 8:35 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.13
Real-time Price: $3.06 info
Change: -$1.07 (-26%) info
Market Cap: $43.495M info
CLNN
Aug 14, 2026, 8:01 AM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $4.13
Real-time Price: $3.06 info
Change: -$1.07 (-26%) info
Market Cap: $43.495M info
CLNN
May 22, 2026, 4:37 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $6.63
Real-time Price: $3.06 info
Change: -$3.57 (-54%) info
Market Cap: $43.495M info