Faron Pharmaceuticals Oy

LSE FARN.L

Faron Pharmaceuticals Oy Net Cash Used Provided By Financing Activities for the year ending December 31, 2023: USD 26.47 M

Faron Pharmaceuticals Oy Net Cash Used Provided By Financing Activities is USD 26.47 M for the year ending December 31, 2023, a 5.38% change year over year. Net cash used/provided by financing activities are the total cash inflows and outflows related to activities that finance the company’s operations, including debt, equity, and dividends.
  • Faron Pharmaceuticals Oy Net Cash Used Provided By Financing Activities for the year ending December 31, 2022 was USD 25.12 M, a -13.77% change year over year.
  • Faron Pharmaceuticals Oy Net Cash Used Provided By Financing Activities for the year ending December 31, 2021 was USD 29.13 M, a 61.27% change year over year.
  • Faron Pharmaceuticals Oy Net Cash Used Provided By Financing Activities for the year ending December 31, 2020 was USD 18.06 M, a 10.19% change year over year.
  • Faron Pharmaceuticals Oy Net Cash Used Provided By Financing Activities for the year ending December 31, 2019 was USD 16.39 M, a -7.83% change year over year.
Key data
Date Net Cash Used Provided By Financing Activities Dividends Paid Capital Expenditure Effect Of Forex Changes On Cash
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LSE: FARN.L

Faron Pharmaceuticals Oy

CEO Dr. Juho Markku Jalkanen M.D., MSc, Ph.D.
IPO Date Nov. 17, 2015
Location Finland
Headquarters Joukahaisenkatu 6 B
Employees 34
Sector Health Care
Industries
Description

Faron Pharmaceuticals Oy operates as a clinical stage drug discovery and development company. The company develops a pipeline of immune modulation based proprietary drug candidates for unmet need, including immuno-oncology, and organ protection and regenerative medicine. Its lead product candidates are Traumakine, an intravenous interferon beta-1a therapy for the treatment of acute respiratory distress syndrome, COVID-19, acute kidney injury, cardiac protection, solid organ transplant, and ischemia reperfusion injury; and Bexmarilimab, a novel precision cancer immunotherapy candidate for treating solid tumors, non-small cell lung carcinoma, and hematological malignancies. The company also develops Haematokine, a new chemical entity AOC3 inhibitor for the treatment of hematological malignancies and bone marrow. Faron Pharmaceuticals Oy was founded in 2003 and is headquartered in Turku, Finland.

StockViz Staff

January 15, 2025

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