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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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11 Jun 2020 13:51

Faron receives EIC grant for 'MATINS' study

(Sharecast News) - Clinical-stage biopharmaceuticals company Faron Pharmaceuticals has been selected to receive a €2.5m (£2.24m) grant from the European Innovation Council's 'Accelerator' pilot scheme, it announced on Thursday, to progress the 'MATINS' study, and related business activities.

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11 Jun 2020 13:23

UK TRADING UPDATE SUMMARY: Churchill China Sales Hit By Virus

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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

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5 May 2020 12:05

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

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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

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20 Mar 2020 11:25

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

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