Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFaron Pharmaceuticals Regulatory News (FARN)

Share Price Information for Faron Pharmaceuticals (FARN)

Share Price is delayed by 15 minutes
Get Live Data
46.00    1.40 (3.04%)
Bid:
45.00
Ask:
47.00
Spread: 2.00 (4.444%)
Market Cap: £94.57m
FARN Live PriceLast checked at - London Stock Exchange

Intraday Faron Pharmaceuticals Share Chart

New data published on Clever-1 function

12 Sep 2018 07:00

RNS Number : 4809A
Faron Pharmaceuticals Oy
12 September 2018
 

Faron Pharmaceuticals Ltd

("Faron" or the "Company")

 

 

Clever-1 participates in the control of humoral (antibody-mediated) immunity

- New data published by Frontiers in Immunology

 

TURKU - FINLAND, 12 September 2018 - Faron Pharmaceuticals Ltd ("Faron") (AIM: FARN), the clinical stage biopharmaceutical company, announces today new data on Clever-1 function in the control of antibody production by B-lymphocytes (B cells).

 

Clever-1, a cell surface receptor expressed mainly by endothelial cells and monocytes/macrophages, has previously been shown to control cell-mediated immunity (Palani et al. 2016). The recent work by Dunkel and colleagues, published online by Frontiers in Immunology, shows for the first time that Clever-1 also participates in the control of B cell response and humoral antibody production. The data suggest that Clever-1 serves as an endogenous immunosuppressive molecule in monocytes/macrophages, where it maintains the production of inflammatory cytokines at physiological levels. When Clever-1 is removed from monocytes/macrophages, one consequence of the unrestrained production of inflammatory cytokines is the increased antibody production by B cells.

 

Deleting or neutralizing Clever-1 has previously been reported to augment antitumor immune responses in melanoma, lymphoma and breast cancer. The efficacy of anti-Clever-1 antibodies in these experimental models supports Faron's development of Clevegen, its fully human anti-Clever-1 antibody, under investigation as a potential cancer immunotherapy and due to enter the clinic later this year.

 

The observations by Dunkel et al suggest that disrupting the function of Clever-1 should not lead to the suppression of antibody production but, rather, could improve humoral immune responses against tumor antigens and during vaccinations.

 

Commenting on this finding, Dr Markku Jalkanen, CEO of Faron, said: "This is a fascinating finding and builds up further evidence for the importance to control Clever-1 function in conditions where active immune suppression can cause disease or worsen disease development. It provides further scientific rationale for our Vaccination Response Enhancement Technology (VRET) programme, which is currently under early investigation with Clevegen."

 

Referred article: Dunkel J, Viitala M, Karikoski M, Rantakari P, Virtakoivu R, Hollmén M, Jalkanen S and Salmi M. Macrophage Clever-1 regulates antibody production. Frontiers in Immunolgy. On line code Front. Immunol. | doi: 10.3389/fimmu.2018.02257

 

https://www.frontiersin.org/articles/10.3389/fimmu.2018.02257/abstract

 

 

For more information please contact:

 

Faron Pharmaceuticals Ltd

Dr Markku Jalkanen, Chief Executive Officer

investor.relations@faron.com 

 

Consilium Strategic Communications

Mary-Jane Elliott, David Daley, Matthew Neal, Lindsey Neville

Phone: +44 (0)20 3709 5700

E-mail: faron@consilium-comms.com

 

Westwicke Partners, IR (US)

Chris Brinzey

Phone: 01 339 970 2843

E-Mail: chris.brinzey@westwicke.com

 

 

About Faron Pharmaceuticals Ltd

 

Faron (AIM:FARN) is a clinical stage biopharmaceutical company developing novel treatments for medical conditions with significant unmet needs. The Company currently has a pipeline focusing on acute organ traumas, vascular damage and cancer immunotherapy. The Company's lead candidate Traumakine, to prevent vascular leakage and organ failures, has completed a Phase III clinical trial in Acute Respiratory Distress Syndrome (ARDS). An additional European Phase II Traumakine trial is underway for the Rupture of Abdominal Aorta Aneurysm ("RAAA"). Faron's second candidate Clevegen is a ground breaking pre-clinical anti-Clever-1 antibody. Clevegen has the ability to switch immune suppression to immune activation in various conditions, with potential across oncology, infectious disease and vaccine development. This novel macrophage-directed immuno-oncology switch called Tumour Immunity Enabling Technology ("TIET") may be used alone or in combination with other immune checkpoint molecules for the treatment of cancer patients. Faron is based in Turku, Finland. Further information is available at www.faron.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRABFLLFVKFEBBL
Date   Source Headline
6th Feb 20257:00 amRNSResults of Oversubscribed Placing
6th Feb 20257:00 amMFNResults of the Significantly Oversubscribed Placing
5th Feb 20254:30 pmMFNProposed Issue and Placing
5th Feb 20254:30 pmRNSProposed Issue and Placing
31st Jan 20257:00 amRNS-RFinal Patient Identified for BEXMAB Phase II Study
13th Dec 20247:00 amRNSFaron’s Financial Calendar for 2025
27th Nov 20247:00 amRNSPositive Phase 2 Interim Results from BEXMAB Trial
5th Nov 20247:00 amRNSShareholders’ Nomination Board
22nd Oct 20247:00 amRNSFaron’s Capital Markets Day 2024
30th Aug 20247:00 amRNSGrant of options
27th Aug 20247:00 amRNSFaron 2024 Half-Year Financial Results
27th Aug 20247:00 amRNSFDA Grants Fast Track Designation for Bexmarilimab
20th Aug 20247:00 amRNSNotice of Half-Year Financial Results
8th Aug 20247:00 amRNSAppointment of Chief Financial Officer
7th Aug 202410:00 amRNSGrant of options
6th Aug 20248:30 amRNSFaron Appoints Dr. Petri Bono as new CMO
11th Jul 20247:00 amRNSFaron Announces Positive FDA Feedback
25th Jun 20242:00 pmRNSUpdate on settlement
25th Jun 202410:30 amRNSHolding(s) in Company - Replacement
24th Jun 202412:45 pmRNSHolding(s) in Company
24th Jun 202412:45 pmRNSHolding(s) in Company
24th Jun 202412:45 pmRNSHolding(s) in Company
24th Jun 202412:45 pmRNSHolding(s) in Company
20th Jun 20241:00 pmRNSNew shares registered with Finnish Trade Register
20th Jun 20247:00 amRNSFully subscribed EUR 30.7 million share offering
5th Jun 20248:00 amRNSProposed REX Retail Offer
4th Jun 20247:00 amRNSFaron commences a share offering
20th May 20247:00 amRNSInitial positive data from Phase 2 of BEXMAB
17th May 20244:00 pmRNSIssuance of warrants
16th May 20247:05 amRNSFounders named European Inventor Award finalists
13th May 20247:00 amRNSReplacement – Board Change
30th Apr 20242:00 pmRNSUpdate on financial status
30th Apr 20241:00 pmRNSBoard Change
16th Apr 20247:00 amRNSFaron confirms plans under new leadership
15th Apr 20247:00 amRNSAppointment of Chief Financial Officer
8th Apr 20247:10 amRNSApproval of Warrant Terms and Conditions
8th Apr 20247:05 amRNSDecisions of the Board of Directors
8th Apr 20247:00 amRNSAppointment of Chief Executive Officer
5th Apr 202412:00 pmRNSResults of the Annual General Meeting
4th Apr 20247:00 amRNSAnnouncement of Placing
28th Mar 20247:00 amRNSIssue of Warrants to IPF Funding Update
26th Mar 202410:00 amRNSFaron´s Annual Report 2023
18th Mar 20247:00 amRNSAdditional Positive Data from Phase 1 of BEXMAB
14th Mar 20247:00 amRNSFaron to Host BEXMAB Webcast
13th Mar 20242:00 pmRNSNotice of Annual General Meeting 2024
13th Mar 20247:00 amRNSFinancial Statement January 1 to December 31 2023
4th Mar 20247:00 amRNSBinding commitments for convertible loans
28th Feb 20244:00 pmRNSReplacement - Update to 2024 Financial Calendar
27th Feb 20246:00 pmRNSUpdate to Faron’s Financial Calendar for 2024
21st Feb 20242:00 pmRNSContinued Negotiations Regarding Events of Default

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.