Faron Pharmaceuticals Oy Notice of Half-Year Report (6679G)

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RNS Number : 6679G

Faron Pharmaceuticals Oy

28 July 2021

Faron Pharmaceuticals Oy

("Faron" or the "Company")

Faron Pharmaceuticals to Report Half-Year Financial Results on Thursday, August 26, 2021

Company announcement, July 28, 2021 at 7:00 am BST / 9:00 am EEST

TURKU, FINLAND / BOSTON, MA - Faron Pharmaceuticals Oy ( AIM: FARN, First North: FARON ), a clinical stage biopharmaceutical company focused on building the future of immunotherapy by harnessing the power of the immune system to tackle cancer and inflammation , today announces that it will report unaudited half-year financial results for the six months ended June 30, 2021 on Thursday, August 26, 2021 at 7:00 am BST / 9:00 am EEST.

A virtual briefing and Q&A session for analysts will be hosted by Dr. Markku Jalkanen, Chief Executive Officer, and Toni Hänninen, Chief Financial Officer, at 12:00 pm BST / 2:00 pm EEST / 7:00 am EDT on the day of results. The half-year report, presentation, and webcast details will be made available at www.faron.com/investors . Following the webcast, a replay will be available on the Company's website.

ENDS

For more information please contact:

Media Contact

Eric Van Zanten

Head of Communications

[e-mail]

[phone]

Investor Contact

Julie Seidel

[e-mail]

Phone: [phone]

Peel Hunt LLP, Broker

Dr Christopher Golden, James Steel

Phone: + 44 (0)20 7418 8900

Cairn Financial Advisers LLP, Nomad

Sandy Jamieson, Jo Turner, Mark Rogers

Phone. [phone]

Sisu Partners Oy, Certified Adviser on Nasdaq First North

Juha Karttunen

Phone: [phone]

Jukka Järvelä

Phone: [phone]

Consilium Strategic Communications

Mary-Jane Elliott, David Daley, Lindsey Neville

Phone: [phone]

E-mail: [e-mail]

About Faron Pharmaceuticals Ltd

Faron (AIM: FARN, First North: FARON) is a clinical stage biopharmaceutical company developing novel treatments for medical conditions with significant unmet needs caused by dysfunction of our immune system. The Company currently has a pipeline based on the receptors involved in regulation of immune response in oncology, organ damage and bone marrow regeneration. Bexmarilimab, a novel anti-Clever-1 humanised antibody, is its investigative precision immunotherapy with the potential to provide permanent immune stimulation for difficult-to-treat cancers through targeting myeloid function. Currently in Phase I/II clinical development as a potential therapy for patients with untreatable solid tumours, bexmarilimab has potential as a single-agent therapy or in combination with other standard treatments including immune checkpoint molecules. Traumakine is an investigational intravenous (IV) interferon beta-1a therapy for the treatment of acute respiratory distress syndrome (ARDS) and other ischemic or hyperinflammatory conditions. Traumakine is currently being evaluated in global trials as a potential treatment for hospitalised patients with COVID-19 and with the 59th Medical Wing of the US Air Force and the US Department of Defense for the prevention of multiple organ dysfunction syndrome (MODS) after ischemia-reperfusion injury caused by a major trauma. Faron is based in Turku, Finland. Further information is available at www.faron.com.

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July 28, 2021 02:00 ET (06:00 GMT)