Faron Pharmaceuticals Oy (GB:FARN) has released an update.
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Faron Pharmaceuticals Oy has announced that the FDA has granted Fast Track Designation to their drug candidate bexmarilimab for the treatment of relapsed or refractory myelodysplastic syndrome (r/r MDS), in combination with azacitidine. This designation, which expedites the development and review of drugs for serious conditions and unmet medical needs, follows promising results from early-phase trials. The company believes that bexmarilimab has the potential to become a new cornerstone treatment for r/r MDS, a condition with very limited treatment options and a high mortality rate.
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