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Clene Nanomedicine Receives Catalyst Award for Healthy Longevity from U.S. National Academy of Medicine to Accelerate the Development of CNM-Au8 for Neurodegenerative Diseases Associated with Aging
International award will fund preclinical study of CNM-Au8 nanocatalysis for the improvement of human health and lifespan in the contexts of aging and
About this update from Clene Inc.
[{"type":"text","content":"International award will fund preclinical study of CNM-Au8 nanocatalysis for the improvement of human health and lifespan in the contexts of aging and Alzheimer’s disease Clene anticipates the expansion of disease indications for CNM-Au8 beyond amyotrophic lateral sclerosis, Parkinson’s disease, and multiple sclerosis SALT LAKE CITY, May 17, 2021 (GLOBE NEWSWIRE) -- Clene Inc. (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) today announced that its wholly owned subsidiary Clene Nanomedicine, Inc., a clinical-stage biopharmaceutical company dedicated to the treatment of neurodegenerative disease using bioenergetic nanocatalysis, received a Healthy Longevity Catalyst Award from the U.S. National Academy of Medicine (NAM) to accelerate the preclinical development of CNM-Au8, a bioenergetic nanocatalyst, for treatment of neuronal aging-related deficits and Alzheimer’s disease. The Healthy Longevity Global Competition was founded in 2019 by NAM to ‘kickstart innovation by the world’s greatest minds’ to support worldwide healthy longevity. NAM and its seven global collaborators received over 1500 applications and ultimately issued more than $7.7 million in prizes in the inaugural round of Catalyst Awards, part of the broader Healthy Longevity Global Competition. Clene was awarded a NAM Catalyst Award based on the novelty and innovation of CNM-Au8 as a therapeutic approach to neuronal aging-related diseases. In addition to receiving a prize, awardees will participate in the first annual Healthy Longevity Innovator Summit in September 2021 to share their work with policy makers, researchers, and fellow innovators from around the world. “We are delighted to have received this award from the U.S. National Academy of Medicine in recognition of the potential of our therapeutic nanocatalyst, CNM-Au8, to contribute to healthy longevity,” said Rob Etherington, President and Chief Executive Officer. “At Clene, we are dedicated to revolutionizing the treatment of neurodegenerative disease using bioenergetic nanocatalysts. The support from NAM provides an opportunity to potentially expand CNM-Au8’s target indications to additional neurodegenerative diseases of aging, including Alzheimer’s disease. CNM-Au8 is currently being investigated in four Phase 2 and one Phase 3 clinical trial for the treatment of amyotrophic lateral sclerosis, Parkin...