LON:FARN
Faron Pharmaceuticals Oy
ACTIONABLEMethodology gates passed
Position levels
Currenttoday
40.90p
Buy <=wait / entry
28.33p
Trim >=take some off
55.00p
Thesis breakThe thesis would be invalidated by a clearly negative BEXMAB efficacy or safety ...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 16% | 100 / 100 | 16.0 |
| Base case | 48% | 62 / 100 | 29.8 |
| Bear case | 36% | 10 / 100 | 3.6 |
| Weighted conviction | 49 / 100 - SPECULATIVE BUY | ||
Top risks
- Binary clinical outcome risk for Bexmarilimab in Phase I/II trials
- Capital dependency with cash reach only to mid-2026 and no revenue
- Pipeline limited to immuno-oncology asset with no current partnerships or licensing deals evidenced