Press releases

Faron Pharmaceuticals Admission to AIM and first day of dealings £10 million fundraise to progress Phase III clinical trial

Faron Pharmaceuticals Oy ("Faron”), the clinical stage biopharmaceutical company, is pleased to announce the commencement of dealings in its Ordinary Shares on the AIM market of the London Stock Exchange with effect from 8.00 a.m. today under the ticker FARN and the ISIN number FI4000153309. This follows a successful placing and subscription for 3,846,154 new Ordinary Shares, raising £10.0 million at a price of 260p per ordinary share (the “Fundraising”).

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Faron Enters Agreement with Selexis SA to Progress Development of Novel Cancer Immunotherapy Clevegen

Faron Pharmaceuticals Oy (”Faron”), the clinical stage biopharmaceutical company, announced today it has entered into an agreement with Swiss-based Selexis SA. Under the agreement, Faron will have access to the Selexis SUREtechnology Platform™ and SURE CHO-M Cell Line™ for the production of high-expressing and stable clonal cell lines for use in the development and production of Clevegen, its novel cancer immunotherapy antibody.

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Fimmic closes investment round to digitalize cancer diagnostics

Fimmic, a Finnish Bio-IT startup, announces today that it has closed an investment round to accelerate the development of its next-generation cloud services for microscope image analysis. The funding, €1.5 M in total, was raised from new investors, including experienced IT business executives Mårten Mickos and Jukka Tapaninen, existing shareholders and Tekes, the Finnish funding agency for innovation.

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Faron Pharmaceuticals Oy Intention to Float on AIM

Faron Pharmaceuticals Oy ("Faron"), the clinical stage biopharmaceutical company, announces today its intention to raise new funds through a placing and offer for subscription (the "Placing and Subscription") and to apply for admission of its ordinary shares to trading on the AIM market of the London Stock Exchange ("Admission").

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Innomedica to open new office in Switzerland

Innomedica is strengthening its presence in Central Europe. The new office in Zürich area will provide Innomedica’s clients with access to one of the strongest financial markets for life sciences in Europe and the most influential pharmaceutical and medical technology areas globally.

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