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Faron Pharmaceuticals Ltd's Annual Report 2025 published

4 Mar 2026 07:15

Faron Pharmaceuticals Ltd | Company announcement | March 04, 2026 at 09:15:00 EET

Faron Pharmaceuticals Ltd's Annual Report 2025 published

TURKU, FINLAND - Faron Pharmaceuticals Ltd. (AIM: FARN, First North: FARON), a clinical-stage biopharmaceutical company focused on tackling cancers via novel immunotherapies, today published the Annual Report for 2025. The Annual Report contains the Report of the Board of Directors, the Financial Statements for 2025 and the Remuneration Report.

The English version of Annual Report is available as a PDF file attached to this release and on the company's website at https://faron.com/investors/reports-and-presentations/. Also the Finnish language version of the Financial Statements is available as a PDF file attached to this release and on the company's website at https://faron.fi/sijoittajat/raportit-esitykset/.

Faron Pharmaceuticals LtdBoard of Directors

For more information please contact:

IR Partners, Finland(Media)Kare LaukkanenPhone: +358 50 553 9535E-mail: kare.laukkanen@irpartners.fi

FINN Partners, US(Media)Alyssa PaldoPhone: +1 847 791-8085E-mail: alyssa.paldo@finnapartners.com

Cairn Financial Advisers LLP, Nominated Adviser and BrokerSandy Jamieson, Jo TurnerPhone: +44 (0) 207 213 0880

Sisu Partners Oy, Certified Adviser on Nasdaq First NorthJuha KarttunenPhone: +358 (0)40 555 4727Jukka JärveläPhone: +358 (0)50 553 8990

About BEXMABThe BEXMAB study is an open-label Phase I/II clinical trial investigating bexmarilimab in combination with standard of care (SoC) in the aggressive hematological malignancies of acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS). The primary objective is to determine the safety and tolerability of bexmarilimab in combination with SoC (azacitidine) treatment.

About BexmarilimabBexmarilimab is Faron's wholly owned, investigational immunotherapy designed to overcome resistance to existing treatments by targeting Clever-1, a receptor on immunosuppressive macrophages and malignant blasts. By inhibiting Clever-1, bexmarilimab reprograms the tumor microenvironment to ignite a potent anti-tumor immune response.

About Faron Pharmaceuticals Ltd.Faron Pharmaceuticals (AIM: FARN, First North: FARON) is a global, clinical-stage biopharmaceutical company, focused on creating innovative cancer treatments that leverage the patient's own immune system. The Company's lead asset bexmarilimab is currently being investigated in multiple clinical trials as a potential therapy for patients with hematological malignancies and solid tumors in combination with other standard treatments.

Forward-Looking StatementsThis press release contains certain forward-looking statements relating to the business of Faron Pharmaceuticals. In addition, even if the actual results or development of Faron Pharmaceuticals are consistent with the forward-looking statements contained in this press release, those results or developments of Faron Pharmaceuticals may not be sustained in the future. In some cases, you can identify forward-looking statements by words such as "could," "should," "may," "expects," "anticipates," "believes," "intends," "estimates," "aims," "targets," or similar words. These forward-looking statements are based largely on the current expectations of Faron Pharmaceuticals as of the date of this press release and are subject to a number of known and unknown risks and uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievement expressed or implied by these forward-looking statements. In particular, the expectations of Faron Pharmaceuticals could be affected by, among other things, uncertainties and delays involved in the development of product candidates, unexpected clinical trial results, unexpected regulatory actions or delays, competition in general, currency fluctuations, inflation, changes in tariff policies, political or macroeconomic developments, and the ability to obtain or maintain patent or other proprietary intellectual property protection. Success in preclinical studies or earlier clinical trials may not be indicative of results in future clinical trials. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements made in this press release will in fact be realized. Faron Pharmaceuticals is providing this information as of the date of this press release and disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

THE NEW SHARES ISSUED IN THE RIGHTS OFFERING WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR UNDER THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES, AND MAY NOT BE OFFERED, SOLD OR TRANSFERRED, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN COMPLIANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES.

AttachmentsFaron Annual Report 2025 030326Faron Tilinpaatos 2025 030326

Date   Source Headline
11th Dec 20258:30 amMFNFaron issues second tranche of bonds with an aggregated principal amount of EUR 10 million under its convertible bond arrangement
4th Dec 20254:00 pmMFNFaron Pharmaceuticals Ltd: Holding(s) in Company
3rd Dec 202510:00 amMFNFaron Pharmaceuticals Ltd: Registration of New Shares
3rd Dec 20257:00 amMFNFaron Pharmaceuticals Ltd: Approval of Share Subscriptions Based on Special Rights in connection with Amortisation of the First Tranche Bonds
2nd Dec 20257:00 amMFNFaron Pharmaceuticals Ltd: Grant of Options
1st Dec 20257:00 amMFNFaron Pharmaceuticals Ltd: Appointment of CFO
27th Nov 20257:00 amMFNFaron's Financial Calendar for 2026
20th Oct 20256:00 amMFNUpdated BEXMAB Phase I/II Data presented at ESMO 2025 shows further improvement, strengthening the clinical profile of bexmarilimab in treatment-naïve HR-MDS patients
3rd Oct 202510:00 amMFNFaron Pharmaceuticals Ltd: Registration of New Shares
3rd Oct 20256:00 amMFNFaron Pharmaceuticals Ltd: Approval of Share Subscriptions Based on Special Rights in connection with Amortisation of the First Tranche Bonds
19th Sep 20256:00 amMFNFaron Pharmaceuticals Ltd: Exercise of Options, Director Dealing and Issue of Equity
12th Sep 20253:25 pmMFNCorrection: FARON PHARMACEUTICALS LTD: HALF-YEAR FINANCIAL RESULTS 1 JANUARY - 30 JUNE 2025
27th Aug 20256:00 amMFNFARON PHARMACEUTICALS LTD: HALF-YEAR FINANCIAL RESULTS 1 JANUARY - 30 JUNE 2025
19th Aug 20256:00 amMFNFaron Pharmaceuticals Ltd: Notice of Half-Year Financial Results
18th Aug 20256:00 amMFNInside Information: Faron to advance bexmarilimab into a registrational Phase 2/3 study in treatment-naïve (frontline) HR-MDS after positive meeting with the FDA
8th Aug 20252:00 pmMFNFaron Pharmaceuticals Ltd: Holding(s) in Company
7th Aug 20256:00 amMFNFaron Pharmaceuticals Ltd: Approval of Share Subscriptions Based on Special Rights in connection with Advanced Amortisation of the First Tranche Bonds
6th Aug 20256:00 amMFNInside Information: Faron to present updated BEXMAB data in frontline HR-MDS to FDA; complete remission rate substantially increased to 43%
2nd Jul 202510:00 amMFNFaron Pharmaceuticals Ltd: Director Dealing
30th Jun 202511:00 amMFNFaron Pharmaceuticals Ltd: Director/PCA Dealing
5th Jun 20253:00 pmMFNFaron Pharmaceuticals Ltd: Director/PCA Dealing and Donation of Shares to Foundation
3rd Jun 202511:00 amMFNFaron Pharmaceuticals Ltd: Registration of New Shares
3rd Jun 20256:00 amMFNFaron Pharmaceuticals Ltd: Approval of Share Subscriptions Based on Special Rights in connection with Amortisation of the First Tranche Bonds
27th May 20254:00 pmMFNFaron Pharmaceuticals Ltd: Issue of Treasury Shares to the Company
21st May 20256:00 amMFNFaron Appoints Ralph Hughes as Chief Business Officer (CBO)
14th May 20251:00 pmMFNFaron Pharmaceuticals Ltd: Grant of Options
17th Apr 202512:15 pmMFNHolding in Company
15th Apr 20256:00 amMFNInside Information: Faron Announces Positive Phase II results in higher-risk myelodysplastic syndrome
3rd Apr 20256:00 amMFNInside Information: Faron enters into an up to EUR 35 million convertible bond arrangement and issues first tranche of bonds with a principal amount of EUR 15 million
21st Mar 20251:15 pmMFNBoard Changes
21st Mar 202511:45 amMFNResults of the Annual General Meeting, Change of Directors, Decision of the Board meeting after the AGM
20th Mar 20257:00 amMFNShareholders' Nomination Board updates its recommendation on the number of Board members to be elected and the persons proposed to be elected
3rd Mar 202512:05 pmRNSFDA Grants Orphan Drug Designation
3rd Mar 202512:00 pmMFNInside Information: FDA Grants Orphan Drug Designation for Bexmarilimab in MDS
28th Feb 202512:00 pmMFNNOTICE OF FARON PHARMACEUTICALS LTD'S ANNUAL GENERAL MEETING
28th Feb 202512:00 pmRNSNotice of Annual General Meeting
27th Feb 20257:30 amMFNInside Information: Faron Receives Positive EMA Opinion on Orphan Drug Designation for Bexmarilimab for the treatment of myelodysplastic syndrome (MDS)
27th Feb 20257:30 amRNSPositive EMA Opinion on Orphan Drug Designation
27th Feb 20257:15 amRNSAnnual Report 2024 published
27th Feb 20257:15 amMFNFaron Pharmaceuticals Ltd's Annual Report 2024 published
27th Feb 20257:00 amRNSFinancial Statement 1 January to 31 December 2024
27th Feb 20257:00 amMFNFaron's Financial Statement Release 1 January to 31 December 2024
19th Feb 202510:00 amRNSNotice of Financial Statement and Annual Report
14th Feb 202512:00 pmMFNHolding(s) in Company
14th Feb 202512:00 pmRNSHolding(s) in Company
11th Feb 20257:30 amMFNChange of Broker
11th Feb 20257:30 amRNSChange of Broker
6th Feb 20253:00 pmMFNHolding(s) in Company
6th Feb 20253:00 pmRNSHolding(s) in Company
6th Feb 20257:00 amRNSResults of Oversubscribed Placing

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