Clene signs Year 3 NIH grant subaward with NYU worth up to USD 8 million

Reuters03-17 18:02

Clene signs Year 3 NIH grant subaward with NYU worth up to USD 8 million

Clene and its subsidiary Clene Nanomedicine entered into a third-year subaward agreement with New York University as prime awardee for up to USD 8 million. The subaward covers the period from September 1, 2025 to August 31, 2026 and supports an Expanded Access Program for CNM-Au8 treatment of amyotrophic lateral sclerosis. Funding will be disbursed based on invoices submitted to New York University no more often than monthly. Either party may terminate the subaward with 30 days written notice.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clene Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-008482), on March 17, 2026, and is solely responsible for the information contained therein.

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