other material
confidence high
sentiment positive
materiality 0.55
Clene enters third-year NIH subaward with NYU for up to $8M for ALS expanded access program
Clene Inc.
- Third-year subaward under $45.1M NIH grant; up to $8M for period 9/1/2025–8/31/2026.
- Funds support Expanded Access Program for CNM-Au8 treatment of amyotrophic lateral sclerosis (ALS).
- Subaward with New York University as prime awardee; replaces prior subaward with Columbia University for first two years.
- Either party may terminate with 30 days' notice; Company retains Background IP and no licenses granted to NYU or US Gov.