Faron Pharmaceuticals elects Tuomo Pätsi as new Chair of its Board of Directors

– FINLAND, Turku –  Faron Pharmaceuticals Oy (LON: FARN / First North: FARON) announced the election of Non-Executive Director Tuomo Pätsi as Chair of its Board of Directors following the AGM on April 5, 2024.

Frank Armstrong and Erik Ostrowsi did not stand for re-election.

About Faron Pharmaceuticals Oy

Faron is a global, clinical-stage biopharmaceutical company, focused on tackling cancers via novel immunotherapies. Its mission is to bring the promise of immunotherapy to a broader population by uncovering novel ways to control and harness the power of the immune system. The Company’s lead asset is bexmarilimab, a novel anti-Clever-1 humanized antibody, potentially removing cancer immunosuppression by targeting myeloid cell function. Bexmarilimab is being investigated in Phase I/II clinical trials as a potential therapy for patients with hematological cancers in combination with other standard treatment treatments and as a monotherapy in last-line solid cancers.

SOURCE: https://www.faron.com/

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