In addition to the potential cancer treating drug, Clevegen (bexmarilimab), Faron also has a promising COVID/ARDS -related treatment called Traumakine, of which an important trial has now gotten underway:

 

"There are currently limited treatment options for hospitalized COVID-19 patients, many of whom spend months in the hospital and face the potential of lifelong complications associated with their disease," said Daniel S. Talmor, M.D., MPH, Chief of Anesthesia, Critical Care and Pain Medicine at Beth Israel Deaconess Medical Center and Principal Investigator of the HIBISCUS trial. "We are pleased to commence this pivotal Phase II/III trial as we believe intravenous IFN beta-1a has the potential to become a powerful treatment option for patients who are at risk of developing acute respiratory distress syndrome as a consequence of a viral infection, such as COVID-19."

"Despite the progress that has been made with vaccinations, there remains a critical need to identify effective treatment options for hospitalized COVID-19 patients," said Dr. Markku Jalkanen, Chief Executive Officer of Faron. "As we continue to gain insight into the potential benefit of IFN beta-1a as the body's first line of defense against viral infection, we believe Traumakine will be advantageous over current standard of care to protect lung function post COVID-19 infection. We are proud to be engaged in research to support the ongoing global response to COVID-19 and are pleased to be working with the US Department of Defense and the team at Harvard University's Beth Israel Deaconess Medical Center on this study."