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6 stories mentioning FRX.TOUpdated 27d ago

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Mining & Metals

Fennec Announces New Research Supporting Pedmark's Use at ASCO Annual Meeting

Fennec Pharmaceuticals (FRX.TO) said on Friday that new research evaluating Pedmark (sodium thiosulfate injection) across multiple patient populations and tumor types will be shared at the 2026 American Society of Clinical Oncology Annual Meeting program in Chicago from May 29 to June 2.Pedmark is currently approved for pediatric patients one month of age and older with localized, non-metastatic solid tumors. The studies expand understanding of the clinical utility of Pedmark in adolescent and young adult (AYA) and adult populations, and offers evidence that the administration of Pedmark six hours after cisplatin can be safe and easily integrated into patient care. Pedmark also does not compromise cisplatin's antitumour activity, the company added."Collectively, these studies represent an important step forward in addressing a critical unmet need and highlight the potential for Pedmark to meaningfully impact patient care more broadly. At the same time, significant gaps and opportunities remain. Adolescent and young adult as well as adult patients continue to face a similar burden, yet prospective data in these populations are still emerging," said Pierre Sayad, chief medical officer of Fennec."The research being shared at the American Society of Clinical Oncology Annual Meeting reflects Fennec's ongoing commitment to expanding the evidence base supporting use and integration of Pedmark to prevent cisplatin induced ototoxicity in additional patient populations and tumor types," Sayad added.Fennec Pharmaceutical shares closed up $0.10 to $13.60 on Thursday on the Toronto Stock Exchange.

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Mining & Metals

Fennec Pharmaceuticals Announced New Research Supporting Integration and Use of PEDMARK at 2026 ASCO Annual Meeting

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Mining & Metals

Fennec Pharmaceuticals up 12.6% in U.S. Pre-Market on Q1 Earnings as Pedmark Sales Jump 73%

Fennec Pharmaceuticals (FRX.TO), up 12.6% in U.S. pre-market trading, Thursday reported a swing to a first-quarter profit as sales of Pedmark surged.The company, which developed Pedmark or sodium thiosulfate injection, to reduce the risk of cisplatin-induced hearing loss in pediatric patients, reported a profit of US$0.2 million, or US$0.01 per share, compared with a loss of US$1.2 million, or US$0.04 per share, in the prior year period. Analysts polled by FactSet had forecast a loss of US$0.04 per share.Fennec booked net product sales of US$15.1 million, compared with US$8.8 million last year. Analysts had expected US$13.9 million. The increase is due to growth across Pedmark accounts, including new accounts in the adolescent and young adult (AYA) population. Demand in the first quarter was driven by prescribing in three core tumor types: testicular, cervical and head and neck cancers, and these remain foundational to Fennec's commercial opportunity, Fennec said."We are encouraged by our continued quarter-over-quarter growth and strong start to the year. 2026 is a defining period for Fennec, with growing clinical interest in independently evaluating PEDMARK(r) (sodium thiosulfate injection) across new patient populations and tumor types that reinforces our confidence in its broader potential," said Jeff Hackman, chief executive officer.Fennec Pharmaceuticals was last seen up US$0.85, to US$7.62 in New York trading. It closed down $0.30, to $9.28, on the Toronto Stock Exchange.

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Mining & Metals

Fennec Pharma Achieved First Quarter 2026 Total Net Revenues of US$15.1 Million, Up 73% Year Over Year

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Mining & Metals

Fennec Announces Acceptance of Abstracts at the 2026 ASCO Annual Meeting

Fennec Pharmaceuticals (FRX.TO, FENC) after the close Tuesday said four abstracts evaluating PEDMARK (sodium thiosulfate) were accepted to the 2026 ASCO annual meeting, May 29 to June 2 in Chicago. Two items are poster presentations and two are abstract-only publications.According to the statement, PEDMARK is approved for pediatric patients one month and older and carries a NCCN 2A recommendation for adolescent and young adult patients. Full abstracts will be available on the ASCO website on May 21.The company's shares closed unchanged at $9.00 on Toronto Stock Excahnge on Tuesday.

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Mining & Metals

Wedbush Refines Fennec Pharmaceuticals Estimates Ahead of Q1 Earnings

Wedbush is refining its its 2026 estimates for Fennec Pharmaceuticals (FRX.TO) ahead of the company reporting its fiscal first-quarter results."While we believe underlying demand trends remain intact, we are refining our 2026 estimates to reflect anticipated seasonality and the near-term impact of recent commercial reinvestment. Given onboarding and ramp dynamics, we do not expect meaningful contribution from new hires until 2H26 and anticipate limited sequential growth in 1H26," writes analyst David Nierengarten, who is maintaining an outperform and US$13.00 price target on the stock.Nierengarten forecasts first-quarter Pedmark revenue of US$13. million (~flat q/q), with a similar setup in the second quarter, before growth reaccelerates in the second half of the year as sales force productivity improves and the adolescent and young adult (AYA) penetration builds. (Pedmark is an injection used to lower the risk of hearing-loss induced by cisplatin chemotherapy)For fiscal 2026, Nierengarten expects Pedmark revenue of ~US$62 million (+39% y/y), with the back-half weighting driven by incremental contribution from new commercial hires."We continue to view Pedmark as a durable growth asset with a clear path to re-acceleration in 2H26, with FENC on track to achieve cash flow positivity in 2026, supporting a constructive outlook on shares."Price: $8.75, Change: $+0.10, Percent Change: +1.16%

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