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A 'thrilling' year ahead for Faron Pharmaceuticals with Phase III Traumakine results in Q2

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 for Acute Respiratory Distress Syndrome (ARDS).

Results from a phase III trial (INTEREST) are expected early in the spring, but Faron's keen to lay the groundwork for a product launch.

The money will also enable Faron to expand the scope of the upcoming phase I/IIb trial of immunotherapy cancer treatment Clevegen.

Quick facts: Faron Pharmaceuticals Ltd

Price: 240.1 GBX

AIM:FARN
Market: AIM
Market Cap: £103.94 m
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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...

on 6/9/17

2 min read