London-listed Finnish biotech firm Faron Pharmaceuticals (AIM: FARN) saw its share rise 11.4% to 351.00 pence this morning after it released positive early-stage clinical data on its novel precision cancer immunotherapy candidate.
Faron announced objective responses in three out of five patients dosed in the first doublet cohort of the company’s Phase I/II BEXMAB study. BEXMAB is investigating bexmarilimab (trade named Clevegen), Faron’s wholly-owned asset, in combination with standard of care (SoC) in multiple hematological malignancies.
The responses from these patients are further defined as:
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