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Pin to quick picksFaron Pharma Share News (FARN)

Share Price Information for Faron Pharma (FARN)

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Share Price: 127.50
Bid: 120.00
Ask: 135.00
Change: 0.00 (0.00%)
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Open: 127.50
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Low: 127.50
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Faron Pharma To Test Clevegen In Patients With Ovarian Cancer

Mon, 27th Jan 2020 11:22

(Alliance News) - Faron Pharmaceuticals Oy said Monday that the second expansion cohort in its phase I/II MATINS clinical trial investigating the safety and efficiency of Clevegen cancer drug will be in patients with ovarian cancer.

The MATINS clinical trial is investigating the drug, which targets metastatic cancers, forms of the disease which spread to new areas of the body, and inoperable tumours, which cannot be removed from the body surgically.

Turku, Finland-based Faron said the initiation of the second cohort follows approval from the MATINS trial's data monitoring committee earlier in January, to initiate the study's first expansion cohort in patients suffering from late-stage colorectal, or bowel, cancer.

Ovarian cancer is a tumour type known to host a significant number of Clever-1 positive tumour associated macrophage, the company said.

"Large transcript analysis of ovarian tumours indicates significant outcome differences between patients with either high or low Clever-1 expression. Patients with high Clever-1 expression have short life expectancies under current treatment options," the company said.

Markku Jalkanen, chief executive officer, said: "Data collected so far in the MATINS trial are highly encouraging, with Clevegen establishing itself as a potential immunotherapy capable of downregulating a range of major inhibitory immune checkpoints across several cancers."

"Initiation of this additional expansion cohort signals our commitment to rapidly progress the development of Clevegen in patients with limited effective treatment options," Jalkanen said.

Faron shares were trading 0.5% lower in London at 246.30 pence each on Monday.

By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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29 Mar 2023 10:42

Faron Pharma names James O'Brien, once of Bristol-Myers, as new CFO

(Alliance News) - Faron Pharmaceuticals Ltd on Wednesday said it has appointed James O'Brien as its new chief financial officer, effective from Monday next week, succeeding Toni Hanninen.

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29 Mar 2023 09:38

Faron Pharmaceuticals names James O'Brien as CFO

(Sharecast News) - Drug discovery and development company Faron Pharmaceuticals has tapped James O'Brien to take over as its new chief financial officer.

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22 Mar 2023 17:12

Faron Pharmaceuticals gets positive feedback from FDA meeting

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17 Mar 2023 15:42

UK shareholder meetings calendar - next 7 days

Monday 20 March 
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Wednesday 22 March 
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Faron Pharmaceuticals LtdAGM
In The Style Group PLCGM re sale of only subsidiary; becoming cash shell named Itsum PLC
Kitwave Group PLCAGM
Midatech Pharma PLCGM re cancellation of the admission to trading on AIM and name change
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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3 Mar 2023 11:53

Faron Pharmaceuticals annual loss widens on higher research costs

(Alliance News) - Faron Pharmaceuticals Ltd on Friday reported a widened loss in 2022 as it ramped up its research & development efforts.

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24 Feb 2023 15:49

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Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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27 Jan 2023 18:56

TRADING UPDATES: Diaceutics wins two deals; Faron proposes placing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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27 Jan 2023 10:28

IN BRIEF: Faron Pharmaceuticals raises EUR12 million via shares

Faron Pharmaceuticals Ltd - Turku, Finland-based biopharmaceutical drug discovery and development company - Raises EUR12.0 million via placing of 3.7 million shares at the issue price of EUR3.25 each. Faron says that with these proceeds and the current level of activity, it has sufficient working capital into the third quarter of 2023.

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AIM WINNERS & LOSERS: Faron Pharmaceuticals raises EUR12 million

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Faron Pharmaceuticals sees patient remission in immunotherapy trials

(Alliance News) - Faron Pharmaceuticals Ltd on Monday said it was encouraged by promising early data from trials for its investigative precision immunotherapy, which aims to provide permanent immune stimulation for difficult-to-treat cancers by targeting myeloid cell function.

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TRADING UPDATES: Renalytix hails trial results; Kingswood buys JFP

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TRADING UPDATES: Joules nomad resigns; Pharma C loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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TRADING UPDATES: 4Global wins deal; James Cropper profit warning

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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14 Oct 2022 11:14

Faron Pharmaceuticals shares down as raises EUR8.4 million in placing

(Alliance News) - Faron Pharmaceuticals Ltd shares declined on Friday, after it said it has raised EUR8.4 million from a share placing.

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