We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Faron Pharmaceuticals' Analysis Explains "Disappointing" Prior Trial

Fri, 14th Jun 2019 11:54

(Alliance News) - Faron Pharmaceuticals Oy on Friday said analysis of a more recent trial of Traumakine has explained why the drug did not perform as expected in a previous trial.

Shares in the clinical stage drug developer were up 15% at 145.02 pence in late morning trade.

This analysis is based on Faron Pharma's more recent Yoda study, which involved healthy volunteers who were either given Traumakine by itself or in combination with the steroid prednisolone.

The goal of the Yoda study was to find out why there had been a reduced biomarker response to Traumakine, which is intended to treat acute respiratory distress syndrome, in the phase 3 Interest study. When announcing the Interest result in May, Faron Pharma described it as "extremely disappointing".

Analysis of Yoda confirmed that taking the steroid reduced the action of Traumakine's active ingredient, interferon-beta-1a, compared to patients taking the drug without a steroid. As patients in the Interest study had been taking a steroid, this explained much of the reduced response.

Faron Pharma Chief Executive Markku Jalkanen said: "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. 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 [US Food & Drug Administration] and [European Medicines Agency] when we justify our clinical double dummy design for the concomitant use of steroids for the next Traumakine studies."

Related Shares

More News
30 Apr 2024 16:33

Faron Pharmaceuticals extends funding agreement with IPF

(Sharecast News) - Faron Pharmaceuticals announced on Tuesday that it has extended its agreement with lender IPF to ensure continued financial support...

15 Apr 2024 10:58

Faron Pharmaceuticals reappoints former finance chief on interim basis

(Alliance News) - Faron Pharmaceuticals Ltd on Monday said it appointed a new interim chief financial officer to replace the outgoing James O'Brien.

15 Apr 2024 09:36

Faron Pharmaceuticals CFO stands down

(Sharecast News) - Clinical-stage biopharmaceutical company Faron Pharmaceuticals revealed on Monday that chief financial officer James O'Brien would ...

8 Apr 2024 11:50

UPDATE: Faron Pharmaceuticals promotes COO to CEO as father retires

(Alliance News) - Faron Pharmaceuticals Ltd on Monday said it will promote its chief operating officer to chief executive to replace his father, the c...

8 Apr 2024 11:28

Faron Pharmaceuticals promotes COO to CEO as founder steps back

(Alliance News) - Faron Pharmaceuticals Ltd on Monday said it will promote its chief operating officer to chief executive to replace the company's fou...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.