Faron announces promising MDS trial results

Faron Pharmaceuticals announced promising interim phase two results from its ‘BEXMAB’ trial on Wednesday, targeting relapsed or refractory myelodysplastic syndrome (r/r MDS) patients.

  • Faron Pharmaceuticals Oy (DI)
  • 27 November 2024 11:39:56
Faron Pharmaceuticals

Source: Sharecast

The AIM-traded firm said the results, which confirmed earlier findings from phases one and two, would be presented at the 66th American Society of Hematology (ASH) annual meeting next month.

It said the trial was focussed on patients who had failed prior treatment with hypomethylating agents (HMAs), a population with historically limited therapeutic options.

Among 20 evaluable patients treated with a combination of Faron's bexmarilimab and azacitidine, the objective response rate (ORR) reached 80%.

That marked a significant improvement compared to the 0% to 20% ORR typically observed with existing alternatives for this patient group, Faron noted.

Patients in the BEXMAB trial also demonstrated a median overall survival (mOS) of around 13.4 months, more than double the five to six months typically observed under standard care.

The combination therapy was well tolerated, with no dose-limiting toxicities reported.

Faron said the findings underlined the potential of bexmarilimab, its novel immunotherapy, to deliver deep and durable responses in a patient population with significant unmet needs.

Recruitment for the BEXMAB trial was continuing as planned, with a full efficacy data readout anticipated by the end of the first quarter of next year.

“It is remarkable seeing the ORR continuing to be so strong even as the patient population grows, as it would typically be expected to settle at a lower level,” said chief executive officer Dr Juho Jalkanen.

“For patients, I believe these results are truly exciting as we take another step closer to providing an additional option for their poorly met treatment needs.

“With our repeatedly strong data, we are very much looking forward to our continuing discussions with regulatory agencies and partner candidates.”

At 1044 GMT, shares in Faron Pharmaceuticals were up 6.41% at 170.25p.

Reporting by Josh White for Sharecast.com.

N/A

Isin: N/A
Exchange: N/A
Sell:
N/A
Buy:
N/A
Change:
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Bank of Scotland is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England and Wales No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.