London
· Delayed Price · Currency is GBP · Price in GBXFaron Pharmaceuticals Oy Company Description
Faron Pharmaceuticals Oy operates as a clinical stage drug discovery and development company.
The company’s lead product candidates are Traumakine, an investigational intravenous interferon beta-1a therapy for the prevention from cytokine release syndrome (CRS), or ischemia and hyperinflammatory conditions; and Bexmarilimab, a novel anti-Clever-1 humanized antibody that targets a subpopulation of tumor-associated macrophages and converts the highly immunosuppressive M2-like macrophages to a pro-inflammatory state to promote immune activation.
The company is also developing bexmarilimab, which is in phase 2 clinical trial for indications of solid tumors; and in phase 1 clinical trial for indications of acute myeloid leukemia and myelodysplastic syndromes.
In addition, it develops interferon beta-1a to prevent toxicities from CAR-T therapy in phase 2 clinical trial; and AOC3 inhibitor, which is in preclinical studies for indications of chemotherapy-induced neutropenia.
Further, it develops Haematokine, an investigational AOC3 protein inhibitor that is used for regenerative medicines in hematological malignancies, as well as chemotherapy induced suppression of the bone marrow.
Faron Pharmaceuticals Oy was founded in 2003 and is headquartered in Turku, Finland.
| Country | Finland |
| Founded | 2003 |
| Industry | Biotechnology |
| Sector | Healthcare |
| Employees | 34 |
| CEO | Juho Jalkanen |
Contact Details
Address: Joukahaisenkatu 6 B Turku, 20520 Finland | |
| Phone | 358 2469 5151 |
| Website | faron.com |
Stock Details
| Ticker Symbol | FARN |
| Exchange | London Stock Exchange AIM |
| Fiscal Year | January - December |
| Reporting Currency | EUR |
| ISIN Number | FI4000153309 |
| SIC Code | 2834 |
Key Executives
| Name | Position |
|---|---|
| Juho Jalkanen | Chief Executive Officer |
| Yrjö Erik Wichmann | Chief Financial Officer |