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Faron Pharmaceuticals reported a €19M loss in 2025, advanced its cancer drug bexmarilimab with strong trial results and regulatory designations, and raised funds via bonds and a potential rights issue.
Faron Pharmaceuticals reported a 2025 operating loss of €19 million and ended the year with €12.3 million in cash, boosted by a €12 million private placement and €25 million in convertible bonds.
The company advanced its lead drug bexmarilimab in a Phase I/II trial for aggressive blood cancers, achieving positive orphan drug designations from the EMA and FDA, favorable FDA feedback, and strong clinical data showing high response rates in high-risk myelodysplastic syndrome.
Faron is in active talks with potential partners, strengthened its leadership team, and approved a rights issue to raise up to €40 million, while noting no dividend and no short-term financial outlook due to its development-stage nature.
Faron Pharmaceuticals reportó una pérdida de €19M en 2025, avanzó su medicamento contra el cáncer bexmarilimab con fuertes resultados de ensayos y designaciones regulatorias, y recaudó fondos a través de bonos y una posible emisión de derechos.