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Faron Pharmaceuticals boss upbeat as Phase III trial enters critical period

Dr Markku Jalkanen, chief executive of Faron Pharmaceuticals Ltd (LON:FARN) tells Proactive's Andrew Scott they're entering an exciting period for the company with recruitment for their Phase III trial for its lead drug set for completion later this year.

A positive readout for Traumakine, which is used to treat acute respiratory distress syndrome caused by pneumonia, would pave the way for its launch in Europe and the US.

Clevegen, Faron’s cancer immunotherapy, is set to undergo preclinical toxicity studies.

Quick facts: Faron Pharmaceuticals Ltd

Price: 282 GBX

AIM:FARN
Market: AIM
Market Cap: £122.08 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