Faron updates on bexmarilimab development program
London-listed Finnish biotech firm Faron Pharmaceuticals (AIM: FARN) today announced updated survival data from Phase I/II MATINS (Macrophage Antibody To INhibit immune Suppression) study investigating the safety and efficacy of bexmarilimab, Faron’s wholly-owned, novel precision cancer immunotherapy candidate, which has been given the trade name Clevegen.
The data were released ahead of Faron’s virtual R&D Day webcast today, February 23, at 4:00 pm, and saw the firm’s shares gain 6.2% to 275 pence in early trading.
The updated results from the MATINS study include patients from Part I (30 patients) and Part II (110 patients) of the trial. For all these patients, the estimated median progression free survival (PFS) is 59 days (95% confidence interval, 58-61). The estimated median overall survival (OS) is 157 days (95% confidence interval, 128-192).
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