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Fennec announces new PEDMARK data at ASCO showing hearing loss reduction in pediatric/AYA patients
Phase 2/3 STS-J01 study met primary endpoint: hearing loss 16-24% vs 56-63% historical control.
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Fennec grants 50,000 stock options to three new employees as inducement awards
Options exercisable at $9.75/share, 10-year term, vest over 3 years (1/3 on first anniversary, then monthly over 24 months).
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Fennec board member Raykov retiring; board reduced to 5 directors
Rostislav Raykov notified company on Apr 27, 2026, of retirement from Board.
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Fennec announces four PEDMARK abstracts accepted at 2026 ASCO meeting
Four abstracts evaluating PEDMARK accepted for presentation/publication at the 2026 ASCO Annual Meeting (May 29–June 2, Chicago).
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Fennec announces Univ of Arizona investigator-sponsored study of PEDMARK in AYA & adult cisplatin patients
Phase I/II study by University of Arizona Cancer Center to evaluate PEDMARK for preventing cisplatin-induced ototoxicity in head and neck and testicular cancer patients.
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Fennec posts record FY2025 PEDMARK sales $44.6M (+50% YoY); Q4 $13.8M (+75%)
Full-year net product sales $44.6M vs $29.6M in 2024; Q4 $13.8M vs $7.9M in prior year.
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Fennec settles PEDMARK patent litigation; Cipla barred from generic until 2033
Lawsuit dismissed; each party bears its own costs.
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Fennec announces TGH Cancer Institute study of PEDMARK for ototoxicity in AYA and adult patients
Tampa General Hospital Cancer Institute initiates real-world study of PEDMARK (sodium thiosulfate) to reduce ototoxicity risk in AYA and adult patients receiving cisplatin.
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Fennec real-world data show PEDMARK safe in adults with head & neck cancers, no disruption to cisplatin therapy
Data from retrospective review of 15 adult HNC patients presented at 2026 MHNCS symposium (Feb 19-21).
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Fennec announces City of Hope IST testing PEDMARK in adult testicular germ cell tumors
Phase I study (NCT07218913) evaluating PEDMARK to prevent cisplatin-induced ototoxicity in adults with stage II-III metastatic testicular germ cell tumors.
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Fennec PEDMARK Phase 2/3 Japan trial meets endpoint; hearing loss reduced to 16-24% vs 56-63% historical
Primary endpoint met: hearing loss in 24% (ASHA) and 16% (Brock) of evaluable patients vs 56-63% historically.
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Fennec Pharmaceuticals redeems all convertible notes, now debt-free
Redeemed all remaining Petrichor convertible notes for $21.73M (principal $19.48M, accrued interest $305k, redemption fee $1.95M).
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Fennec raises $5.025M in Canadian private placement, redeems $21.7M Petrichor notes
Issued 670,000 common shares at US$7.50 per share for gross proceeds of $5,025,000 from existing institutional shareholders in Canada (excl. Quebec).
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Fennec prices $35M public offering of 4.7M shares at $7.50/share to repay debt
Offering of 4,666,667 common shares at $7.50 per share; gross proceeds ~$35M.
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Fennec shareholders approve all proposals at annual meeting, including director elections and equity plan amendment
All six director nominees elected; votes for each exceeded 13.2M versus under 1M withheld.
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Fennec Pharma reports FY2024 PEDMARK sales $29.6M (+40% YoY); Q4 EBITDA loss $0.6M, cash $26.6M
FY2024 net product sales $29.6M, up 40% from $21.3M in 2023; net loss narrowed to $0.07M from $16.0M.
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Fennec's partner Norgine launches PEDMARQSI in Germany for cisplatin-induced hearing loss prevention
PEDMARQSI (sodium thiosulfate injection) launched in Germany by Norgine for prevention of ototoxicity in pediatric patients.
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Fennec repays $13M convertible debt; eliminates $1.5M annual interest
Repurchased and redeemed $13M of convertible notes on Dec 18, 2024; fully retires First and Third Closing Notes.
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Fennec announces NICE recommends PEDMARQSI for cisplatin-induced hearing loss in children in England and Wales
NICE issued positive final draft guidance recommending PEDMARQSI for prevention of cisplatin-induced hearing loss in patients aged 1 month-17 years with localized solid tumors.
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Fennec Pharma appoints new CMO, CCO, CSO to accelerate growth
Pierre Sayad appointed CMO, Terry Evans CCO, Christiana Cioffi CSO, effective Oct. 28, 2024.
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Fennec appoints Jeffrey Hackman as CEO, succeeding Rostislav Raykov
Hackman named CEO and director effective August 16, 2024; Raykov steps down after 15 years, remains on board.
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Fennec COO Adrian Haigh departs; 66,667 options accelerated at $8.03
Adrian Haigh left COO role effective June 30, 2024; joined as COO Aug 2023 after nine years as independent director.
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Fennec shareholders approve all proposals at 2024 annual meeting
Five director nominees elected: Khalid Islam, Rallis, Brughera, Cook, Raykov.
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Fennec Pharma to report Q1 2024 results on May 14; conference call at 8:30am ET
First quarter 2024 financial results to be released before U.S. market open on Tuesday, May 14, 2024.
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Fennec Pharma FY2023 PEDMARK sales $21.3M, Q4 net loss $2.7M; $43M licensing deal bolsters cash
FY2023 PEDMARK net product sales $21.3M (vs $1.5M in 2022); Q4 net sales $9.7M.
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Fennec licenses PEDMARQSI to Norgine for EU/AU/NZ; €40M upfront, up to €210M milestones
Exclusive license covers Europe (incl. UK), Australia, New Zealand; Norgine to commercialize.
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Fennec pre-announces Q4 2023 net revenue ~$9.2-9.7M, up 41-49% QoQ
Q4 2023 net revenue expected $9.2-9.7M, a 41-49% increase vs Q3 2023.
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Fennec prelim Q4 2023 net revenue $9.2-9.7M (+41-49% QoQ); FY 2023 $20.7-21.2M
Q4 2023 net revenue expected $9.2-9.7M, up 41-49% from Q3 2023.
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FDA reminds providers PEDMARK is not substitutable with other STS products
FDA publicly warned healthcare providers that PEDMARK (sodium thiosulfate injection) must not be substituted with other STS products.
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Fennec closes $5M tranche of convertible notes with Petrichor; extends remaining $15M draw to Dec 2024
Closed third tranche of $5M senior secured convertible notes under existing SPA with Petrichor.
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Fennec Q3 2023: PEDMARK revenue $6.5M (+96% QoQ); UK approval for PEDMARQSI
PEDMARK net product revenue $6.5M in Q3 2023, up 96% from $3.3M in Q2 2023.