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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: 150.00
Bid: 140.00
Ask: 160.00
Change: 0.00 (0.00%)
Spread: 20.00 (14.286%)
Open: 150.00
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Faron Pharmaceuticals Alters Traumakine Study After US FDA Feedback

Thu, 06th Feb 2020 14:17

(Alliance News) - Faron Pharmaceuticals Oy on Thursday said it has amended a trial for its Traumakine medication after receiving feedback from the US Food & Drug Administration.

The medication, designed to prevent acute respiratory distress syndrome, where a patient's lungs become very inflamed as a result of a injury or an infection.

Traumakine works by using the interferon-beta protein, found in the human body, to restore the endothelial barrier, found in the lining of blood vessels.

According to the FDA, studies on Traumakine should not use overlapping steroids which "block the desired therapeutic effect" of the drug.

Faron said: "Faron will continue to work in close collaboration with the FDA to achieve final approval for the next study."

The company also noted a report by the World Health Organisation which stated steroids should not be used on patients infected by the coronavirus.

Faron explained that steroids may block production of interferon-beta, which will be detrimental to patients with the virus.

China's coronavirus crisis deepened on Thursday with the death toll reaching 563.

Faron shares were 0.4% lower at 225.00p each in London on Thursday afternoon.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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14 Mar 2022 14:14

IN BRIEF: Faron research sheds light on Covid-linked mutations

Faron Pharmaceuticals Ltd - Turku, Finland-based clinical-stage biopharmaceutical company - Publishes research expanding on analysis of a gene mutation in an interferon receptor that is linked to corticosteroid response and outcomes in acute respiratory distress syndrome and Covid-19 patients. Builds on Faron's findings from its phase III 'Interest' trial for Traumakine in ARDS patients. Traumakine is an investigational intravenous interferon beta-1a therapy.

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TRADING UPDATES: BiVictriX expands development; Okyo wins US patent

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Faron upbeat on updated data from cancer treatment study

(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced updated survival data from the phase 1 and 2 study investigating the safety and efficacy of 'bexmarilimab' on Wednesday.

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EXECUTIVE CHANGES: Anglo Pacific promotes investment head to CEO

EXECUTIVE CHANGES: Anglo Pacific promotes investment head to CEO

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Marie-Louise Fjallskog tapped as Faron's new chief medical officer

(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced the appointment of Marie-Louise Fjällskog as its chief medical officer on Tuesday, to be based in Boston, Massachusetts and effective immediately.

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(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Tuesday that the arbitration tribunal appointed by the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) had ruled in its favour in its case against Rentschler Biopharma.

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IN BRIEF: Faron Pharma hails updated results from Matins study

IN BRIEF: Faron Pharma hails updated results from Matins study

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TRADING UPDATES: Glenveagh, IOG swing to profit; Faron loss widens

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