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The latest announcement is out from Faron Pharmaceuticals Oy ( (GB:FARN) ).
Faron Pharmaceuticals Ltd reported significant clinical and financial achievements in the first half of 2025, including the completion of patient identification for key studies and securing EUR 12 million through a private placement. The company received orphan drug designations for its lead candidate bexmarilimab from both the EMA and FDA, and announced positive phase II results in high-risk myelodysplastic syndrome (HR-MDS). Faron also strengthened its financial position with a EUR 35 million convertible bond arrangement and appointed new members to its Board of Directors. The company plans to advance bexmarilimab into a registrational phase II/III study, with the FDA providing positive feedback on its study endpoints, potentially accelerating market access for HR-MDS treatments.
More about Faron Pharmaceuticals Oy
Faron Pharmaceuticals Ltd is a clinical-stage biopharmaceutical company based in Turku, Finland. The company focuses on reprogramming myeloid cells to activate anti-tumor immunity in hematological and solid tumor microenvironments.
For an in-depth examination of FARN stock, go to TipRanks’ Overview page.