Pomerantz LLP Investigates Pharming Group for Securities Fraud
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
0mins
Should l Buy PHAR?
Source: PRnewswire
- Securities Fraud Investigation: Pomerantz LLP is investigating claims against Pharming Group N.V. regarding potential securities fraud, focusing on whether the company and its executives engaged in unlawful business practices that could harm investors.
- FDA Response Letter: On February 1, 2026, Pharming received a Complete Response Letter from the FDA concerning its Joenja® supplemental New Drug Application, requesting additional pediatric pharmacokinetic data to ensure safety for lower weight children.
- Significant Stock Drop: Following the FDA's negative feedback, Pharming's American Depositary Receipt (ADR) fell by $3.495, or 17.07%, closing at $16.975 on February 2, 2026, indicating market concerns about the company's future prospects.
- Potential Legal Action: As the investigation unfolds, investors may face the risk of a class action lawsuit, with Pomerantz LLP providing contact information for affected investors to join potential legal proceedings for compensation.
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Analyst Views on PHAR
Wall Street analysts forecast PHAR stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 16.780
Low
37.00
Averages
39.50
High
42.00
Current: 16.780
Low
37.00
Averages
39.50
High
42.00
About PHAR
Pharming Group NV is a biopharmaceutical company based in the Netherlands. The Company is engaged in the development, production and commercialization of human therapeutic proteins to be used in the therapies. The Company's product portfolio is aimed at treatments for genetic disorders, blood-related disorders, infectious and inflammatory diseases, tissue and bone damage and surgical/traumatic bleeding. Its core product, RUCONEST (conestat alfa) is a recombinant human C1 esterase inhibitor approved for the treatment of acute Hereditary Angioedema (HAE) attacks in patients in Europe, the Unites States, Israel and South Korea. The product is available on a named-patient basis in other territories where it has not yet obtained marketing authorization.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Securities Fraud Investigation: Pomerantz LLP is investigating claims on behalf of investors of Pharming Group N.V. regarding potential securities fraud or other unlawful business practices, with investors encouraged to contact Danielle Peyton to join the class action.
- FDA Complete Response Letter: On February 1, 2026, Pharming received a Complete Response Letter from the FDA concerning its supplemental New Drug Application for Joenja®, highlighting concerns about potential underexposure in lower weight pediatric patients and requesting additional pharmacokinetic data.
- Significant Stock Drop: Following the FDA's announcement, Pharming's American Depositary Receipt (ADR) price fell by $3.495, or 17.07%, closing at $16.975 per ADR on February 2, 2026, indicating market concerns regarding the company's future prospects.
- Law Firm Background: Pomerantz LLP is a premier law firm specializing in corporate, securities, and antitrust class litigation, founded over 85 years ago, and has a strong track record of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct.
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- Investigation Launched: Pomerantz LLP is investigating claims on behalf of Pharming Group N.V. investors, focusing on whether the company and its executives engaged in securities fraud or other unlawful business practices, which could undermine investor confidence and the company's reputation.
- FDA Response: On February 1, 2026, Pharming announced that the FDA issued a Complete Response Letter for its Joenja® supplemental New Drug Application, requesting additional pediatric pharmacokinetic data, potentially delaying product approval and impacting future revenues.
- Stock Price Decline: Following the FDA news, Pharming's American Depositary Receipt (ADR) price fell by $3.495, or 17.07%, closing at $16.975 on February 2, 2026, reflecting market concerns about the company's outlook.
- Legal Implications: The investigation by Pomerantz LLP could lead to a class action lawsuit, and if fraud is confirmed, it may result in significant damages for Pharming, further affecting its financial health and market performance.
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- Conference Participation: Pharming Group will participate in the Oppenheimer 36th Annual Healthcare Life Sciences Conference on February 25-26, 2026, with CEO Fabrice Chouraqui and CMO Anurag Relan presenting on February 25 at 12:40 PM ET, highlighting the company's advancements in rare disease treatments.
- Live Webcast: The presentation will be available via live webcast and replay on Pharming's website under the 'Upcoming Events' and 'News' sections, ensuring that investors and the public can access real-time information, thereby enhancing transparency.
- Investor Relations: Pharming encourages scheduling one-on-one meetings with its management team, allowing investors to connect directly through email, which strengthens investor engagement and improves the company's public image.
- Company Background: Pharming is a global biopharmaceutical company focused on developing and commercializing innovative medicines aimed at transforming the lives of patients with rare, life-threatening diseases, underscoring its strategic significance in the biopharmaceutical sector.
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- Securities Fraud Investigation: Pomerantz LLP is investigating claims against Pharming Group N.V. regarding potential securities fraud, focusing on whether the company and its executives engaged in unlawful business practices that could harm investors.
- FDA Response Letter: On February 1, 2026, Pharming received a Complete Response Letter from the FDA concerning its Joenja® supplemental New Drug Application, requesting additional pediatric pharmacokinetic data to ensure safety for lower weight children.
- Significant Stock Drop: Following the FDA's negative feedback, Pharming's American Depositary Receipt (ADR) fell by $3.495, or 17.07%, closing at $16.975 on February 2, 2026, indicating market concerns about the company's future prospects.
- Potential Legal Action: As the investigation unfolds, investors may face the risk of a class action lawsuit, with Pomerantz LLP providing contact information for affected investors to join potential legal proceedings for compensation.
See More
- FDA Response Letter: On February 1, 2026, Pharming received a Complete Response Letter from the FDA requesting additional pediatric pharmacokinetic data to confirm drug exposure levels in lower weight children, potentially delaying the approval of Joenja® and impacting future revenues.
- Significant Stock Drop: Following the FDA announcement, Pharming's American Depositary Receipt (ADR) price fell by $3.495, or 17.07%, to close at $16.975 per ADR on February 2, 2026, reflecting market concerns about the company's future prospects.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether Pharming and its executives engaged in securities fraud or other unlawful business practices, which could lead to investor losses and further exacerbate market skepticism regarding the company's governance.
- Historical Context: Pomerantz LLP, recognized as a leading firm in securities class action litigation, has recovered millions for victims, indicating that this investigation could trigger broader legal actions that may affect Pharming's reputation and shareholder confidence.
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- Financial Guidance Outlook: Pharming expects total revenues for 2026 to range between $405 million and $425 million, reflecting an 8% to 13% growth rate, indicating strong ongoing growth in its rare disease commercial products and bolstering investor confidence in future developments.
- Increased R&D Spending: The total operating expenses are projected to be between $330 million and $335 million in 2026, primarily driven by increased R&D expenditures related to ongoing clinical trials for leniolisib and napazimone (KL1333), showcasing the company's commitment to innovative drug development.
- Pipeline Progress: Pharming is advancing two major clinical-stage programs targeting primary immunodeficiencies with immune dysregulation and mtDNA-driven mitochondrial disease, with top-line data from both trials expected in the second half of 2026, potentially opening new market opportunities for the company.
- Investor Day Event: Today's Investor Day will focus on Pharming's scientific strategy and clinical plans, expected to attract attention from industry experts and further enhance the company's market position and brand influence in the rare disease sector.
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