XLON
FARN
Market cap95mUSD
Oct 09, Last price
36.50GBP
1D
0.00%
1Q
-12.05%
Jan 2017
-86.22%
IPO
-86.84%
Name
Faron Pharmaceuticals Oy
Chart & performance
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Profile
Established in Turku, Finland, in 2003, Faron Pharmaceuticals Oy operates as a clinical-stage biotechnology firm dedicated to the discovery and advancement of novel pharmaceutical solutions. The company's core focus lies in harnessing immune modulation to develop proprietary drug candidates addressing significant unmet medical needs. Their pipeline spans critical areas such as immuno-oncology, organ safeguarding, and regenerative medicine. Among its leading therapeutic candidates is Traumakine, an intravenous interferon beta-1a treatment under investigation for conditions including acute respiratory distress syndrome (ARDS), COVID-19, acute kidney injury, cardiac protection, solid organ transplant, and ischemia reperfusion injury. Another key asset is Bexmarilimab, an innovative precision cancer immunotherapy designed to target solid tumors, non-small cell lung carcinoma, and hematological malignancies. Additionally, Faron is developing Haematokine, a new chemical entity acting as an AOC3 inhibitor, aimed at treating hematological malignancies and bone marrow-related conditions.
Key people
Tuomo Paetsi
Non-Executive Chairman of the Board · since 2024
Juho Jalkanen
Chief Executive Officer, Executive Director · since 2025
Jurriaan Dekkers
Chief Financial Officer · since 2025
Maija Hollmen
Chief Scientific Officer · since 2022
Markku Jalkanen
Executive Director · since 2024
Petri Bono
Chief Medical Officer · since 2024
Ralph Hughes
Chief Business Officer · since 2025
Non-Executive Director · since 2025
Marie-Louise Fjallskog
Non-Executive Director · since 2023
Christine Roth
Non-Executive Director · since 2023
John Poulos
Non-Executive Independent Director · since 2017
Headquarters & legal address
Joukahaisenkatu 6
20520 TURKU
TURKU FI-20520
FI
20520 TURKU
TURKU FI-20520
FI
Valuation
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