Company Faron Pharmaceuticals Oy

Equities

FARN

FI4000153309

Biotechnology & Medical Research

Market Closed - London S.E. 11:35:04 2024-04-18 am EDT 5-day change 1st Jan Change
118 GBX -1.67% Intraday chart for Faron Pharmaceuticals Oy -7.45% -61.31%

Business Summary

Faron Pharmaceuticals Oy is a Finland-based clinical stage biopharmaceutical company. The company has three drug candidates all based on mastering immune modulation and, as a result, tackling unmet needs in cancer, preventing organ damage and treating blood count abnormalities. The Company's goal is to build future immunotherapy, i.e., to bring new treatments to patients by affecting the immune system. Faron’s drug candidate, Traumakine, is a drug developed by the Company to prevent multi-organ damage and excessive inflammatory responses. Another drug candidate, Haematokine, promotes the expansion of bone marrow stem cells. It is being developed, e.g., for the treatment of chemotherapyinduced neutropenia (CIN). In neutropenia patients have less blood cells called neutrophils than normal due to cancer treatment.

Number of employees: 34

Managers

Managers TitleAgeSince
Founder - 02-12-31
Founder 46 02-12-31
Founder 70 02-12-31
Chief Tech/Sci/R&D Officer - 23-09-21
Director/Board Member 59 22-01-02
General Counsel 52 22-07-31

Members of the board

Members of the board TitleAgeSince
Founder 70 02-12-31
Chairman 60 23-03-23
Founder 46 02-12-31
Director/Board Member 70 17-05-15
Director/Board Member 59 22-01-02
Director/Board Member 61 23-09-21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 72,007,497 43,328,312 ( 60.17 %) 0 60.17 %

Shareholders

NameEquities%Valuation
4,604,971 6.693 % 8 M p
3,476,151 5.052 % 6 M p
A&B (HK) Co. Ltd.
4.954 %
3,408,409 4.954 % 6 M p
Keskinäinen Työeläkevakuutusyhtiö Varma
4.124 %
2,837,581 4.124 % 5 M p
2,658,079 3.863 % 5 M p
Fjärde AP-fonden
3.744 %
2,576,184 3.744 % 4 M p
2,208,599 3.210 % 4 M p
European Investment Consulting SRL
3.024 %
2,080,437 3.024 % 4 M p
OP Asset Management Ltd.
2.911 %
2,002,993 2.911 % 3 M p
1,171,501 1.703 % 2 M p

Company contact information

Faron Pharmaceuticals Oy

Joukahaisenkatu 6 Intelligate

20520, Turku

+358 2469 5151

http://www.faron.com
address Faron Pharmaceuticals Oy(FARN)
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