• Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Faron's BEXMAB update provided additional information on response duration

FARONAnalyst Comment2026-06-16 08:15
Antti SiltanenAnalyst
Discuss

Summary

  • Faron presented updated results from the BEXMAB Phase I/II trial, showing extended treatment response duration in HR-MDS, supporting a transition to a broader Phase IIb BEXERA trial scheduled for H2'26.
  • The BEXMAB study reported an 85% Overall Response Rate and a 45% Complete Remission rate, with the median duration of CR responses increasing to 16.1 months, compared to around 10 months for azacitidine-only treatment in previous studies.
  • Biological data suggests that bexmarilimab combined with azacitidine alters the bone marrow immune landscape, potentially enhancing T cell activation and healthy cell recovery more effectively than azacitidine alone.
  • The company is on track to start the randomized Phase IIb BEXERA trial with 90 patients in H2'26, with results expected in Q4'27, marking key value drivers for Faron.

This content is generated by AI. You can give feedback on it in the Inderes forum.

Translation: Original published in Finnish on 6/16/2026 at 7:24 am EEST.

On Monday, Faron presented updated clinical results from the BEXMAB Phase I/II trial of bexmarilimab at the EHA Congress. The results indicate that treatment response duration is extended in higher-risk myelodysplastic syndrome (HR-MDS). Accumulating evidence supports the company's transition to a broader Phase IIb BEXERA trial, which is on schedule to begin in H2'26, according to the company.

New information on response duration obtained through longer-term follow-up

In the BEXMAB study, the Overall Response Rate (ORR) for the combination of bexmarilimab and azacitidine in frontline HR-MDS patients was 85%, and the Complete Remission (CR) rate was 45%. The proportion of patients who achieved full clearance of bone marrow blasts increased from the previous 55% to 60%. The median duration of CR responses increased to 16.1 months as the follow-up period extended. These results are preliminarily promising as the duration of CR responses for azacitidine-only treatment in previous studies has been around 10 months, though there has been significant study-specific volatility. In general, results from different studies are not particularly comparable, and reliable data will only be available from appropriately designed comparative studies.

CR responses are a key data point, as Faron has previously agreed with the US Food and Drug Administration (FDA) that the number of CRs is the primary endpoint of the upcoming Phase IIb trial. The newly released data further supports the drug candidate's clinical profile and paves the way for the next phase of research.

Biological data supports the mode of action and prepares for the future

In addition to the clinical results, the company presented biological research data indicating that the combination of bexmarilimab and azacitidine changes the bone marrow immune landscape. The results suggest that the treatment may activate T cells that destroy cancer cells and promote recovery of healthy cells more effectively than azacitidine alone. In addition, the company observed differences in the baseline immune profiling between patients who responded to treatment and those who did not. The company also confirmed that it is fully on track to initiate its randomized Phase IIb BEXERA trial with 90 patients in the second half of 2026. This study and its expected readout in Q4'27 are key value drivers for the company.

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, with the potential to remove immunosuppression of cancers through reprogramming 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 treatments.

Read more on company page

Key Estimate Figures11/03

202526e27e
Revenue0.00.00.0
growth-%
EBIT (adj.)-19.0-19.0-25.0
EBIT-% (adj.)-474,000.0 %-475,000.0 %-625,000.0 %
EPS (adj.)-0.23-0.10-0.11
Dividend0.000.000.00
Dividend %
P/E (adj.)neg.neg.neg.
EV/EBITDAneg.neg.neg.

Forum discussions

The Myriczin/Novartis drug aims to be some kind of “pan-cancer” treatment that works for many different types of cancer, apparently specifically...
3 hours ago
by Sebastian Soderholm
7
Relating to an earlier study: “Macrophage sensitivity to reprogramming by bexmarilimab is shaped by the tumor microenvironment” The study did...
9 hours ago
by Makkispekkis1
12
I remember when “Bexnova” was teased to us investors a while back; I believe the whole thing hit a wall due to a botched Phase 2, which they...
10 hours ago
by Pieni siivu
5
Novartis has been shopping: According to Kauppalehti, Novartis is acquiring the British company Myricx Bio for 1.1 billion. The deal also includes...
12 hours ago
by J
10
LinkedIn The EIC Pavilion powers European innovation at BIO 2026 | Ralph Hughes I want to say a huge thank you to the team at EIC #EICatBIO2026...
7/3/2026, 3:59 PM
by marmot76
8
The FDA route here is not just about pursuing the US market: the framework has already been agreed upon with the FDA, and it includes Fast Track...
7/3/2026, 1:56 PM
by Juho R
14
I don’t know the reason, but since the FDA leadership has changed twice during the Trump era—meaning within a single year—one wonders if it ...
7/2/2026, 11:36 AM
by Raikku
2