Insights

Strategic Focus Faron is a clinical stage biopharmaceutical company developing novel immunotherapies with a lead program in Phase I/II. This suggests potential collaborations or partnerships in early-stage clinical development, phase progression support, and access to specialized CRO services for trial design, patient recruitment, and biomarker strategies.

Immunotherapy Demand BeXmarilimab targets macrophage checkpoint Clever-1 and aims to convert immune suppression to activation, positioning Faron in the growing hematological malignancies and precision immunotherapy space. This creates opportunities for pharma partners seeking macrophage-targeted assets, combination therapy studies, and companion diagnostic development.

Geographic Reach Headquartered in Finland with a U.S. presence (Boston) and dual exchange listings (AIM and Nasdaq First North), suggesting a readiness for cross-border collaborations, U.S. regulatory and trial execution support, and access to European and North American clinical networks.

Financial Capacity With annual revenue in the lower tens of millions and substantial funding of about $142 million, Faron appears to have solid runway for continued clinical development and potential co-development or licensing discussions with larger partners seeking early-stage assets.

Tech & Operations Adoption of cloud and digital tools (AWS, NetNew Relic, Drupal/WordPress, DocuSign, SendGrid, Microsoft 365) indicates a modern operational backbone and scalable digital outreach. This could translate to demand for cloud-enabled CRO platforms, data management services, regulatory documentation workflows, and targeted digital marketing partnerships.

Similar companies to Faron

Faron Tech Stack

Faron uses 8 technology products and services including LinkedIn Ads, Amazon Web Services, Drupal, and more. Explore Faron's tech stack below.

Faron's Email Address Formats

Faron uses at least 2 email formats:
Faron Email FormatsExamplePercentage
First.Last@faron.comJohn.Doe@faron.com
96%
First.MiddleLast@faron.comJohn.MichaelDoe@faron.com
4%

Frequently Asked Questions

What is Faron's stock symbol?

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Faron is a publicly traded company; the company's stock symbol is FARN.L.

What is Faron's official website and social media links?

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Faron's official website is faron.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Faron generate?

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As of August 2026, Faron's annual revenue is estimated to be $10M - $25M.

What is Faron's SIC code and NAICS code?

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Faron's SIC code is 2835 - In Vitro and In Vivo Diagnostic Substances and NAICS code is 3254 - Pharmaceutical and Medicine Manufacturing.

How many employees does Faron have currently?

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As of August 2026, Faron has approximately 60 employees across 4 continents, including Europe, Asia and North America. Key team members include Chief Executive Officer: J. J., Chief Business Officer: R. H. and Chief Scientific Officer: M. H. Explore Faron's employee directory with LeadIQ.

What industry does Faron belong to?

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Faron operates in the Pharmaceutical Manufacturing industry.

What technology does Faron use?

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Faron's tech stack includes LinkedIn Ads, Amazon Web Services, Drupal, WordPress, Microsoft 365, SendGrid, DocuSign and New Relic.

What is Faron's email format?

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Faron's email format typically follows the pattern of First.Last@faron.com. Find more Faron email formats with LeadIQ.

How much funding has Faron raised to date?

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As of August 2026, Faron has raised $142M in funding. The last funding round occurred on Apr 02, 2026 for $13M.

When was Faron founded?

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Faron was founded in 2007.
Faron logo

Faron

Pharmaceutical ManufacturingSouthwest Finland, Finland51-200 Employees

Faron is a clinical-stage biopharmaceutical company focused on developing therapies for conditions with significant unmet medical needs. Its lead program, bexmarilimab, is in Phase I/II development as a macrophage checkpoint immunotherapy for hematological malignancies. Bexmarilimab is described as an anti-Clever-1 antibody designed to shift the immune response from suppression toward activation. The company is based in Turku, Finland, with an additional presence in Boston, Massachusetts.

Faron operates within the pharmaceutical sector and has a mid-sized workforce. It is listed on AIM under the ticker FARN and on Nasdaq First North Growth Market under the ticker FARON.

Section iconCompany Overview

Website
faron.com
SIC Code
2835 - In Vitro and In Vivo Diagnostic Substances
Stock Symbol
FARN.L
NAICS Code
3254 - Pharmaceutical and Medicine Manufacturing
Founded
2007
Employees
51-200

Section iconFunding & Financials

  • $142M

    Faron has raised a total of $142M of funding over 14 rounds. Their latest funding round was raised on Apr 02, 2026 in the amount of $13M as a Post IPO Equity.

  • $10M - $25M

    Faron's revenue is estimated to be in the range of $10M - $25M

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