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Company

Faron Pharmaceuticals Limited

LON:FARN

Faron Pharmaceuticals 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.

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Faron Pharma 355p £154m (AIM:FARN.) Result of placing and issue price. Subject to all conditions being met, the aggregate gross proceeds of the Placing will be up to EUR14 million (£12.18 million) before expenses at EUR4. A discount of 7.6

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