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2024-04-17 05:20
Shares of Clene (NASDAQ:CLNN) rallied 52% in post-market trading Tuesday after the company presented positive Phase 2 data for its drug CNM-Au8 in the treatment of multiple sclerosis, or MS.
Clene said data from the long-term extension of its Phase 2 VISIONARY-MS study showed significant evidence of repair and remyelination across multiple paraclinical endpoints.
The company presented the data at the annual meeting of the American Academy of Neurology in Denver.