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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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Low: 150.00
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Faron Pharmaceuticals reports 'significant' findings from YODA study

Fri, 14th Jun 2019 10:37

(Sharecast News) - Clinical stage biopharmaceutical company Faron Pharmaceuticals announced results from its pharmacokinetic/dynamic 'YODA' study examining the administration of concomitant steroids and Traumakine in healthy volunteers on Friday.The AIM-traded firm had previously reported that the post-hoc analysis of the phase III 'INTEREST' study had indicated significant reduction of interferon-beta (IFN-beta) action by steroids, with that finding also observed in the Japanese phase III study.Steroid interference with IFN-beta was also reported in ex vivo human lung tissues and human primary lung endothelial cells.The YODA study was set out to further investigate that observed finding in a prospective study setting in human healthy volunteers, by administering Traumakine alone or Traumakine in combination with prednisolone - a corticosteroid.As it had also previously announced, parts I and II of the YODA study confirmed that the INTEREST study drug produced the expected levels of bioactivity, suggesting that drug formulation was not a factor in the outcome of the INTEREST trial, and that observation was confirmed during part III of the YODA trial.The concomitant use of IFN beta-1a and prednisolone during part III reduced IFN beta-1a action, compared to subjects who received IFN beta-1a alone.That was said to be evident during the YODA trial through both clinical signs of the subjects - fever, which is a typical pharmacodynamic effect of interferon beta-1a - and reduction of cluster of differentiation 73 (CD73) activity responses measured from blood samples of those subjects.For the final statistical analysis, 10 subjects were included in the Traumakine group - two drop outs occurred due to strong 'flu reaction' - and 12 subjects in the group receiving Traumakine in combination with prednisolone.The statistical area under curve (AUC) difference in CD73 activity between the two groups was p = 0.087.CD73 was regarded as the key molecule to maintain the endothelial barrier, which if it leaked, can cause impaired lung function and result in the life-threatening syndrome ARDS.Traumakine was designed to prevent that leakage by upregulating CD73 expression."These YODA results once again are consistent with the INTEREST data, supporting the conclusion that co-administration of steroids with Traumakine in patients inhibited interferon beta action," said Faron chief executive officer Dr Markku Jalkanen."These findings are significant in explaining the lack of clinical response to Traumakine in the INTEREST trial."The YODA report will become an essential part of our communication dossier with the FDA and EMA when we justify our clinical double dummy design for the concomitant use of steroids for the next Traumakine studies."The company said it currently expected to receive the 'INFORAAA' interim results in the near future, allowing full review of all the Traumakine data with key opinion leaders and to make final decisions on Traumakine's development.It said it currently envisaged that a further Traumakine trial was likely to be funded through third party funding.Low concomitant corticosteroid use was expected during the INFORAAA trial.
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20 May 2020 10:37

Faron Pharmaceuticals confirms publication of 'crucial' study

(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Wednesday that the results of its detailed analyses into the effects of glucocorticoids on intravenous interferon beta-1a activity, which arose following the 'INTEREST' trial in 2018, had been published in critical care journal Intensive Care Medicine.

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11 May 2020 16:48

Faron Pharma Gets EUR800,000 Grant From Finnish Cancer Consortium

Faron Pharma Gets EUR800,000 Grant From Finnish Cancer Consortium

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11 May 2020 16:03

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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5 May 2020 12:05

Faron Pharmaceuticals Picks Manufacturing Partner For Clevegen Therapy

Faron Pharmaceuticals Picks Manufacturing Partner For Clevegen Therapy

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5 May 2020 09:20

Faron Pharmaceuticals inks manufacturing deal with AGC Biologics

(Sharecast News) - Clinical-stage biopharmaceuticals company Faron Pharmaceuticals has selected contract development and manufacturing organisation AGC Biologics as the commercial-scale manufacturer of 'Clevegen', it announced on Tuesday.

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27 Apr 2020 13:52

UK EXECUTIVE CHANGE SUMMARY: Corero Hires Former CML Finance Director

UK EXECUTIVE CHANGE SUMMARY: Corero Hires Former CML Finance Director

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27 Apr 2020 13:51

UK TRADING UPDATE SUMMARY: Novacyt Called Upon To Ramp Up UK Testing

UK TRADING UPDATE SUMMARY: Novacyt Called Upon To Ramp Up UK Testing

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22 Apr 2020 18:42

Faron Raises EUR14 Million In Oversubscribed Share Placing

Faron Raises EUR14 Million In Oversubscribed Share Placing

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21 Apr 2020 18:21

Faron Pharmaceuticals Plans Private Placing To Raise EUR10 Million

Faron Pharmaceuticals Plans Private Placing To Raise EUR10 Million

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1 Apr 2020 17:56

UK TRADING UPDATE SUMMARY: Watkin Jones Cancels Payout, Halts Work

UK TRADING UPDATE SUMMARY: Watkin Jones Cancels Payout, Halts Work

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20 Mar 2020 11:25

Research And Development Expense Drop Cuts Faron Pharmaceuticals Loss

Research And Development Expense Drop Cuts Faron Pharmaceuticals Loss

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20 Mar 2020 10:49

UK WINNERS & LOSERS SUMMARY: Future Surges As It Sees Results In Line

UK WINNERS & LOSERS SUMMARY: Future Surges As It Sees Results In Line

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13 Mar 2020 16:04

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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9 Mar 2020 14:07

Faron Pharmaceuticals Gets Green Light For New Traumakine Trial

Faron Pharmaceuticals Gets Green Light For New Traumakine Trial

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9 Mar 2020 10:26

Faron gets FDA tick from proposed design of next 'Traumakine' study

(Sharecast News) - Faron Pharmaceuticals announced on Monday that the US Food and Drug Administration (FDA) has accepted its proposed protocol design for the next 'Traumakine' study in acute respiratory distress syndrome (ARDS) patients, following its protocol submission in February.

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