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'This year will give us the results we've been waiting for', says Faron pharmaceuticals boss

Faron Pharmaceuticals Ltd (LON:FARN) CEO Dr Markku Jalkanen caught up with Proactive to run through the company's 2016 results and outlook for the year ahead.

Traumakine, used to treat acute respiratory distress syndrome, is undergoing a phase III clinical trial with results expected in the second half.

Traumakine is now being developed for a second indication, a condition called rupture of abdominal aorta aneurysm.

Quick facts: Faron Pharmaceuticals Ltd

Price: 298 GBX

AIM:FARN
Market: AIM
Market Cap: £129.01 m
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A 'thrilling' year ahead for Faron Pharmaceuticals with Phase III Traumakine...

Markku Jalkanen, chief executive at Faron Pharmaceuticals Oy (LON:FARN), caught up with Proactive following their £15mln funding aimed at accelerating the development of its two lead products. Jalkanen says the funds will allow them to prepare the way to market for Traumakine, a treatment...

on 21/2/18

2 min read