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Faron says new data reinforces promise of bone marrow cancer drug

ALN

Faron Pharmaceuticals Ltd on Monday said updated biomarker data strengthened the clinical profile of bexmarilimab, its lead treatment for myelodysplastic syndrome.

MDS is a type of bone marrow cancer, measured via blast cell count. Bexmarilimab is an antibody therapy which aims to block the Clever-1 receptor and thereby boost ‘anti-tumour immunity.’

Turku, Finland-based immunotherapy developer Faron tested its lead asset in combination with azacitidine. First and second-phase data resulted in an 85% objective response rate and a 45% complete remission rate in treatment-naive patients with higher-risk MDS, the firm reported.

Findings showed full clearance of blast cells in 55% of patients, while 23% were successful bridged to ‘potentially curative’ stem cell transplants.

‘These high response rates were observed in a difficult-to-treat population, where over 66% of patients were classified as high to very high risk at baseline,’ Faron noted.

‘The combination also showed robust activity in patients with high-risk mutations like mTP53, achieving an ORR of 78%.’

The ORR was 75% in patients with a blast count above 5%, while ORR of 100% was seen in patients with a blast count below 5%. According to the American Cancer Society, normal bone marrow has a count of 5% or less, while a count of at least 20% is required to diagnose leukaemia.

According to Faron, the updated results ‘not only confirm the high response rates seen in earlier analyses but also provide a clear pharmacodynamic rationale linking the drug‘s mechanism of action directly to patient outcomes.’

Chief Scientific Officer Maija Hollmen added: ‘The clear biomarker impact in the bone marrow and unique efficacy in patients with low blast counts highlights [Bexmarilimab’s] ability to change the course of the disease.’

The company is currently preparing for second and third-phase trials, which will focus on dose optimisation, before moving to the registration stage. Faron is eyeing a potentially accelerated approval process, following guidance from the US Food & Drug Administration.

The company’s shares fell 2.8% to 175.00 pence on Monday afternoon in London.

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