clene inc shares advanced 18 to 261 after the company said the maryland board of public works finalized a 3 million loan facility with its clene nanomedicine subsidiary the company said the loan was provided by the states neighborhood businessworks program within the maryland department of housing and community development clene said the nondilutive loan for capital equipment purchases will support the expansion of its operations in cecil county md at a new factory of its lead drug candidate cnmau8 a gold nanocrystal suspension clene expects topline data in the third quarter from a phase 23 registrational study evaluating cnmau8 in amyotrophic lateral sclerosis patients when fully developed and operational clenes 75000squarefoot factory is expected to bring hundreds of new jobs to cecil county md