Clene Inc. (NASDAQ: CLNN) VISIONARY-MS Trial Data May

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
229
Clene Inc. (NASDAQ: CLNN) VISIONARY-MS Trial Data May Support CNM-Au8(R) as Long-Sought-After Multiple Sclerosis Treatment

- Significant improvements in both vision and cognition, sustained over three years, were reported with CNM-Au8 treatment in results from the long-term open-label extension (“LTE”) of the VISIONARY-MS trial in participants with stable relapsing multiple sclerosis
- Michael Barnett, a key clinical advisor, hailed the results, observed long term and over and above background therapy. as “unprecedented”
- A drug that may halt MS disease progression or improve function on top of standard-of-care MS therapies would represent a significant milestone in drug development for this disease
- Clene will present the full clinical results for the LTE at the ninth annual Americas Committee for Treatment and Research in Multiple Sclerosis Forum scheduled for February 29 through March 2, 2024, in West Palm Beach, Florida

Clene (NASDAQ: CLNN) and its wholly-owned subsidiary Clene Nanomedicine Inc., is a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”). The company recently reported new CNM-Au8(R) results from a long-term open-label extension (“LTE”) of the VISIONARY-MS trial in participants with stable relapsing multiple sclerosis (“RMS”) totaling nearly three years of follow-up (https://nnw.fm/tERfF ).

Clene is closely studying CNM-Au8 because a drug that may halt MS disease progression and may even improve function on top of standard-of-care MS therapies would represent a milestone achievement in drug development for this disease.

After completing the double-blind period, study participants were offered continuance of CNM-Au8 30mg for up to an additional 96 weeks in the LTE. Analyses were reported for the modified intent to treat population that included all study participants with valid clinical data. Clene noted that:

Low contrast vision acuity (“LCVA”) demonstrated sustained improvement by up to 38 letters across both eyes in individual participants, representing multiple row gains on a greyed-out MS eye chart.
Cognitive improvement, particularly working memory and information processing speed as tested using the symbol digit modality test (“SDMT”), showed improvement by up to 35 points in individual participants, where a three-point change in cognitive processing speed has been deemed notable in other MS studies.
Improvements demonstrated during the 48-week double-blind period were sustained in the LTE for the timed 25-foot walk and nine-hole peg tests.

CNM-Au8 is used in combination with other agents, has no known drug-drug interactions, and is designed to improve function in MS.

Clinical effects improving both function and survival were seen in an earlier ALS trial, using the same drug.

Professor Michael Barnett, Professor of Neurology, Brain and Mind Centre, University of Sydney, and one of the trial’s key clinical advisors, said, the observed long-term clinical improvements for participants with stable disease, over and above background immunomodulatory disease-modifying therapy, are unprecedented. “The data show clear overall improvements in vision and cognition for participants treated for nearly three years from randomization. Importantly, these results were robust and consistent,” Barnett added. “Positive impacts on disease progression and the potential to at least partially reverse established disability, if confirmed in a larger study, represent a major therapeutic leap for patients with MS.”

Placebo participants who transitioned to CNM-Au8 during the LTE showed significant improvements compared to the original baseline in LCLA and SDMT, generally consistent with the increase observed in participants originally randomized to Clene’s lead asset.

Dr. Benjamin Greenberg, M.D., Head of Medicine at Clene, underscored the idea that despite tremendous advances in immunotherapies for MS, there is a significant unmet need for treatments to prevent neurodegeneration and create opportunities for clinical improvement. “These data continue to build a strong case in favor of pursuing CNM-Au8 in upcoming Phase 3 studies. Clinically significant improvement is rarely seen in MS patients, and this trial provides evidence of CNM-Au8’s potential to improve function in this population,” Greenberg said. “Clene is currently reviewing these data with prospective pharmaceutical partners interested in MS.”

Clene will present the full clinical results for the LTE at the ninth annual Americas Committee for Treatment and Research in Multiple Sclerosis (“ACTRIMS”) Forum scheduled for February 29 through March 2, 2024, in West Palm Beach, Florida.

For more information, visit the company’s website at www.Clene.com.

NOTE TO INVESTORS: The latest news and updates relating to CLNN are available in the company’s newsroom at https://nnw.fm/CLNN

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer


Clene Inc. (CLNN) Stock Research Links

CLNN Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

PACS Group Faces Legal Scrutiny: What to Watch

Updated Category News Views 3

PACS Group: Legal Storm Brewing Welcome to the latest saga in the volatile theater of corporate governance. PACS Group, Inc., ticker symbol NYSE:PACS, is under the microscope, and not for debuting a groundbreaking product or hitting a stock milestone. Nope, instead we've got Halper Sadeh LLC out of New York investigating some possible hanky-panky from PACS directors and...

Continue Reading
Geron Corp Faces Fiduciary Duty Investigation

Updated Category News Views 6

Spotlight on Geron's Corporate Governance: What's Happening? The heat's been turned up on Geron Corporation this week, with Halper Sadeh LLC, an investor rights law outfit, digging into whether some folks at the helm have strayed from their fiduciary duties to the shareholders. Now, if you're holding onto NASDAQ:GERN stock or thinking about diving in, it's high time to...

Continue Reading
AI and Storytelling Make Waves in Science Education

Updated Category News Views 4

University's Innovative Approach to Learning Alright, here's something you don't see every day. The University of Phoenix managed to snag some kudos from an academic journal for using AI and storytelling to teach environmental science. That's like hitting two bulls-eyes with one shot in the world of education. The recognition from Glacies for this Editor's Choice paper...

Continue Reading
HONA Faces Legal Heat: Investor Lawsuit Over Losses

Updated Category News Views 5

The Investor Storm Brewing Over Honeywell Aerospace There it is again, another industry heavyweight caught in a dizzying whirlwind of litigation. Honeywell Aerospace Inc. (NASDAQ:HONA), a name as established as an old boot in the business, now faces a class action lawsuit that's got investors frantically dusting off phone numbers for their attorneys. The Messy Allegations...

Continue Reading
Jackson Wang's Fantasy IP Hits Hong Kong Stage

Updated Category News Views 4

A Star-Studded Fantasy Comes Alive Hong Kong isn't just about dim sum and skyline views—it's a magnet for celebrity showcases, and this time, Jackson Wang's pulling the strings. The guy's ventured beyond music and idol fame, diving head-first into creative visuals with his fantasy IP, "Under the Castle" (UTC). Pairing up with Ocean Park's Halloween Fest, he's cooked up...

Continue Reading
Quay Sunglasses: Luxury Looks, Affordable Prices

Updated Category News Views 3

Ah, sunglasses—the quintessential accessory that screams both practicality and style. A million-dollar look without the million-dollar expense? That's where Quay comes in. They've been recognized by Expert Consumers, no less, as some of the best-in-class for affordable luxury eye candy out there—aimed at shoppers who want the designer vibe without the hemorrhaging...

Continue Reading
CVS Health Under Fire: Fiduciary Duty Breach?

Updated Category News Views 2

CVS Under Regulatory Spotlight for Fiduciary Breaches You'd think by now companies would have their fiduciary ducks in a row. But here we are, with CVS Health Corporation (NYSE: CVS) catching heat from the legal eagles over at Halper Sadeh LLC. The knife’s out for some of the big wigs – apparently, there's chatter they might’ve slipped on their duty to play nice...

Continue Reading
Krispy Kreme Faces Legal Probe: Fiduciary Breach?

Updated Category News Views 3

Diving Deep into the Krispy Kreme Allegations Look, this isn't your run-of-the-mill donut drama. When you hear rumblings of corporate missteps, especially ones that involve potential breaches of fiduciary duties, it's time to perk up those ears. Over at Krispy Kreme, Inc. (NASDAQ:DNUT), there's some heat in the kitchen, and it's not just from frying those glazed beauties....

Continue Reading

Top 5 Most Recently Viewed Articles

Sharp Introduces Modern MultiSync E and EA Series Displays

Updated Category News Views 162

Introduction to Sharp's MultiSync E and EA Series Monitors Sharp Imaging and Information Company of America (SIICA), a division of Sharp Electronics Corporation, unveils its latest innovations in desktop display solutions with the MultiSync E Series and EA Series monitors. These new models not only provide the renowned quality that customers expect from Sharp but also...

Continue Reading
Hinduja Foundation Publishes Landmark Book on Ancient Coins

Updated Category News Views 83

The Unveiling of a Landmark Publication Hinduja Foundation recently launched a significant book titled 'Early North India and Its Coinage', which delves into the rich history of ancient North Indian currencies. The event was graced by notable figures, including the Chief Minister of Uttar Pradesh, Shri Yogi Adityanath, and prominent members of the Hinduja Foundation. Key...

Continue Reading
Greenwich LifeSciences Expands Clinical Trials into Romania

Updated Category News Views 113

Greenwich LifeSciences Expands Clinical Trials into Romania Greenwich LifeSciences, Inc. (Nasdaq: GLSI), a clinical-stage biopharmaceutical company, is making significant strides in the fight against breast cancer with its ongoing Phase III clinical trial named FLAMINGO-01. Recently, the company announced that it has received approval from European regulators to include...

Continue Reading
AI-Driven Drone SaaS Market: Growth & Opportunities

Updated Category News Views 11

AI and Drone SaaS: A New Era of Autonomy Listen up, folks! You might be thinking drones buzzing around the sky is nothing new. But strap in, because AI, data handling, and cloud-based operations are about to send this market soaring—potentially doubling the drone software space from $12 billion to over $24 billion by 2030. We're talking transformative potential in...

Continue Reading
Virgin Galactic Unveils Exciting New Equity Selling Program

Updated Category News Views 146

Virgin Galactic Announces New At-The-Market Equity Program Virgin Galactic Holdings, Inc. (NYSE: SPCE) recently revealed an innovative sales initiative to enhance its capital through an at-the-market equity offering. This initiative allows the company to sell shares of its common stock, with an overall offering price reaching up to $300 million. This significant program...

Continue Reading