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Clene ( (CLNN) ) has issued an update.
Clene Inc., a biopharmaceutical company focused on neurodegenerative diseases, announced its third quarter 2024 financial results, highlighting a meeting with the FDA to discuss accelerated approval for its ALS treatment CNM-Au8. The company raised $7.3 million through stock offerings and amended its debt agreement to extend its financial runway into early 2025. Despite a net loss of $8 million, Clene aims to continue its groundbreaking work in improving neuronal health.
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