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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: 180.00
Bid: 175.00
Ask: 185.00
Change: -12.50 (-6.49%)
Spread: 10.00 (5.714%)
Open: 192.50
High: 192.50
Low: 177.50
Prev. Close: 192.50
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Traumakine treatment optimal for particular subgroup, Faron finds

Wed, 05th Dec 2018 10:13

(Sharecast News) - Clinical stage biopharmaceutical company Faron Pharmaceuticals has identified, by genetic testing, an "optimal subgroup" of acute respiratory distress syndrome (ARDS) patients for Traumakine treatment who showed a substantial reduction in mortality during the INTEREST trial, it announced on Wednesday.The AIM-traded firm said multivariate regression analyses that adjusted for disease severity indicated that patients receiving interferon beta-1a treatment (Traumakine) and carrying the single nucleotide polymorphism rs9984273 in subunit two of the interferon alpha and beta receptor had 5.7 times greater likelihood of survival at day 28 than patients without that mutation.It claimed that no similar survival effect was seen for the C/T polymorphism in the placebo group.Faron said that suggested that together, the C/T mutation and Traumakine treatment was the most favorable combination for patient outcome and interferon treatment efficacy.The D28 overall mortality of the group was 11.1% despite receiving, or not receiving, concurrent steroids.In patients with the C/T polymorphism who received Traumakine but not concurrent steroid treatment, mortality was 4.2%.Faron said it intended to file the data with regulatory authorities in the first quarter of 2019, and to seek advice on the future clinical development of Traumakine in the EU and the US for the "precision" treatment.The prevalence of the unique polymorphism was around 30-35% among Caucasians, 40-45% among patients of African origin, and 10% in Asian populations, indicating a target population of around one third of ARDS patients in Europe and North America for whom Traumakine treatment could potentially be most effective and life saving."We have, and are continuing to build, a solid body of evidence which indicates that there is clearly a subgroup of patients for whom Traumakine treatment could potentially be very effective," said Faron chief executive officer Dr Markku Jalkanen."The identification of these C/T patients is very easy with PCR-based analysis of a patient's DNA sample and provides a way to target this precise group of ARDS patients, representing around one third of all ARDS patients."Dr Jalkanen said the finding had also allowed the company to build further intellectual property for Traumakine, as the association had not been previously reported."This protection has been filed and, if approved, could extend beyond 2040."
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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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5 Mar 2020 14:28

Faron Pharmaceuticals "Encouraged" After Latest Matins Trial Findings

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2 Mar 2020 12:04

Faron Pharmaceuticals Buys Rights For AOC3 Antagonist Platform

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2 Mar 2020 10:08

Faron Pharmaceuticals acquires rights to AOC3 inhibitors

(Sharecast News) - Clinical stage biopharmaceutical company Faron Pharmaceuticals has acquired rights for the potential new use of AOC3 inhibitors covered by a recently filed patent application.

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6 Feb 2020 14:17

Faron Pharmaceuticals Alters Traumakine Study After US FDA Feedback

Faron Pharmaceuticals Alters Traumakine Study After US FDA Feedback

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27 Jan 2020 11:22

Faron Pharma To Test Clevegen In Patients With Ovarian Cancer

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13 Jan 2020 11:54

Faron Pharma Gets Approval For Part II Trial Of Clevegen Drug

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30 Dec 2019 15:39

Faron Pharma requests arbitration over Traumakine manufacturing deal

(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Monday that, further to the update on 'Traumakine' drug substance manufacturing on 2 October, it has carried out a detailed investigation into the circumstances around manufacturing arrangements.

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30 Dec 2019 10:56

Faron Pharma Files For Arbitration Amid Traumakine Deal Termination

Faron Pharma Files For Arbitration Amid Traumakine Deal Termination

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11 Dec 2019 13:42

Faron Pharmaceuticals upbeat on new data from 'MATINS' study

(Sharecast News) - Clinical stage biopharmaceutical company Faron Pharmaceuticals announced new data from 'MATINS'-trial patients on Wednesday, to be presented at the ESMO Immuno-Oncology Congress 2019 in Geneva.

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11 Dec 2019 10:45

Faron Pharmaceuticals Pleased With Clevegen Clinical Trial Performance

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29 Nov 2019 10:23

Faron Pharmaceuticals Inks Share Liquidity Pact With Lago Kapital

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28 Nov 2019 11:56

Faron Pharmaceuticals Says US Regulator Approves Clevegen Drug Status

Faron Pharmaceuticals Says US Regulator Approves Clevegen Drug Status

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21 Nov 2019 12:56

Faron Pharmaceuticals Applies For Nasdaq First North Growth Listing

Faron Pharmaceuticals Applies For Nasdaq First North Growth Listing

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