Last deal

$1.5M

Amount

Grant

Stage

13.08.2024

Date

10

all rounds

$63.3M

Total amount

General

About Company
Faron is a clinical stage biopharmaceutical company developing innovative treatments for medical conditions with significant unmet needs.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Faron

founded date

01.10.2006

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company's pipeline focuses on acute organ traumas, vascular damage, and cancer immunotherapy, and is based on the receptors involved in regulating immune response in oncology and organ damage. Clevegen is an investigative precision immunotherapy in phase I/II development as a novel macrophage checkpoint immunotherapy for patients with untreatable solid tumors. Traumakine is an investigational intravenous interferon beta-1a, a strong anti-viral and anti-inflammatory agent, currently being tested in several Phase III studies around the world against COVID-19. Faron is based in Turku, Finland, and listed on AIM under the ticker ‘FARN’ and Nasdaq First North Growth Market under ticker FARON.
Contacts

Social url