
CLNN Stock Forecast & Price Target
CLNN Analyst Ratings
Bulls say
Clene Inc.’s positive outlook is significantly bolstered by the compelling survival benefits observed in patients treated with its lead drug candidate, CNM-Au8, particularly in the confirmatory RESTORE-ALS study, where patients experienced a median survival increase of 14.8 months and a 49% reduction in mortality risk. The data presented indicates a substantial improvement in overall survival metrics, including an RMST improvement of 215 days among patients meeting specific enrollment criteria. These strong clinical results not only enhance Clene's potential case for regulatory approval but also position the company favorably for commercialization efforts in the neurodegenerative disease market.
Bears say
Clene Inc. faces significant challenges due to the premature halting of crucial clinical trials, notably with zilucoplan, which undermines confidence in the company's ability to deliver meaningful advancements in treating neurodegenerative diseases. The company’s financial outlook is further compromised by the risks associated with securing sufficient funding, as well as potential dilutive capital raises that could impact shareholder value. Additionally, the complexity of the targeted diseases and the uncertainty regarding clinical trial outcomes create obstacles to projecting a viable path to market and associated timelines, contributing to a negative outlook for Clene's stock.
This aggregate rating is based on analysts' research of Clene Nanomedicine and is not a guaranteed prediction by Public.com or investment advice.
CLNN Analyst Forecast & Price Prediction
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