Faron as an investment

Faron Pharmaceuticals (AIM: FARN, First North: FARON) is a global, clinical-stage biopharmaceutical company, focused on creating innovative cancer treatments that leverage the patient’s own immune system.

The Company’s lead asset bexmarilimab is currently being investigated in Phase I/II clinical trial as a potential therapy for patients with hematological cancers in combination with other standard treatments.

Faron has a potential for future value creation and is aiming to enter into a global partnership agreement to commercialize its lead asset bexmarilimab and fund Phase III of the clinical trial.

FARON’S KEY STRENGTHS

1. New and revolutionary therapies for cancer treatment

  • The company is developing bexmarilimab for the treatment of blood cancers, especially MDS, and solid tumours.

2. Strong scientific base

  • Faron’s management team consists of top biomedical experts.​
  • Faron has a prestigious and internationally recognized scientific council.​
  • Faron has 23 active patent families.

3. A fast-growing target market with limited competition

  • The MDS market is a large and growing market that is estimated to reach USD 4.5 billion in 2028.​
  • ​The company also intends to study the use of bexmarilimab in solid tumours, which would significantly expand the target market.

4. Encouraging bexmarilimab Phase I and II Results

  • Preliminary phase II results confirmed previous positive results on the efficacy of bexmarilimab against several malignant blood cancers. ​
  • The FDA granted bexmarilimab accelerated treatment status for the treatment of r/r MDS.

5. Possibility of future value increase

  • Faron aims to enter into a global partnership agreement to commercialise bexmarilimab and fund a phase III clinical trial.

The information above is disclosed in accordance with Rule 26 of the AIM Rules for Companies.

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