tiprankstipranks

Faron Pharmaceuticals Announces 2025 AGM with Key Financial and Governance Updates

Story Highlights
  • Faron Pharmaceuticals focuses on innovative drug development in the pharmaceutical industry.
  • The company reported a EUR 26 million loss for 2024 and plans no dividend payout.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Faron Pharmaceuticals Announces 2025 AGM with Key Financial and Governance Updates

An announcement from Faron Pharmaceuticals Oy ( (GB:FARN) ) is now available.

Faron Pharmaceuticals Oy has announced its Annual General Meeting (AGM) scheduled for March 21, 2025, in Turku, Finland. Key agenda items include the presentation of financial statements for 2024, where the company reported a loss of EUR 26 million, leading to a decision not to pay dividends. The AGM will also address board member elections, remuneration, and amendments to the company’s option program and Articles of Association, which aim to enhance the incentivization system and align with updated securities regulations.

More about Faron Pharmaceuticals Oy

Faron Pharmaceuticals Oy is a biopharmaceutical company focused on developing novel treatments for medical conditions with unmet needs. The company operates primarily in the pharmaceutical industry, with a market focus on innovative drug development.

YTD Price Performance: -15.85%

Average Trading Volume: 20,605

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £186.8M

See more data about FARN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App