Cereno Scientific

Cereno Scientific

CRNO-B.ST
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CRNO-B.ST · Stock Price

SEK 5.67-3.15 (-35.75%)
Market Cap: $188.4M

Historical price data

Overview

Cereno Scientific is a clinical-stage biotech focused on developing first-in-class, disease-modifying treatments for rare cardiovascular and pulmonary diseases with high unmet need. The company's strategy leverages orphan drug designations and accelerated pathways to efficiently advance its dual-platform pipeline, led by Phase II candidate CS1 for Pulmonary Arterial Hypertension (PAH). With a Phase II asset, a Phase I candidate, and a preclinical program, Cereno is positioned for value inflection through clinical milestones and potential partnerships.

CardiovascularPulmonary

Technology Platform

Dual-platform approach: 1) Epigenetic modulation via HDAC inhibition for disease modification in vascular and fibrotic diseases; 2) Oral, selective prostacyclin (IP) receptor agonism for cardiovascular indications.

Pipeline

3
3 drugs in pipeline
DrugIndicationStageWatch
CS1 AdministrationPulmonary Arterial HypertensionPhase 2
CS1-Sodium ValproateThrombosisPhase 1
CS1Pulmonary Arterial HypertensionPre-clinical

Funding History

3
Total raised:$27M
IPO$15M
Series A$10M
Seed$2M

Opportunities

Significant market opportunities in rare diseases (PAH, IPF/PH-ILD) with high unmet need and premium pricing.
Orphan drug designations provide 7-10 years of market exclusivity and accelerated regulatory pathways.
The disease-modifying profile of its HDAC inhibitors could command a foundational position in treatment regimens.

Risk Factors

High clinical trial failure risk for lead and earlier-stage assets.
Dependence on future capital raises to fund operations through milestones.
Intense competition from larger pharmaceutical companies with substantial resources in target indications.

Competitive Landscape

Faces competition from both established symptomatic therapies and novel disease-modifying agents in development from large pharma (e.g., Merck's sotatercept in PAH). Differentiation hinges on demonstrating superior disease-modifying efficacy, oral convenience, and favorable safety profiles.