Abivax today reported H12024 results reporting a cash balance at EUR 222.3mn and a cash reach to Q4 2025, thereby reiterating preliminary figures provided last July. The EUR 85.2mn cash used in operation was principally driven by increased R&D spending (EUR 64.7mn) on the Phase III in UC (ABTEC
Abivax today provided an update on the enrollment status into its ABTECT phase III study, disclosing the enrollment of the 600th patient and confirms enrollment completion for Q1 2025 (read-out for Q2 2025).Good to know, Abivax confirmed that to date, baseline participants baseline characteristics
Yesterday after close, Abivax provided an update on the enrollment status into its ABTECT phase III study, disclosing a single quarter delay in the expected read-out, now scheduled for Q2 2025. Considering the complexity of the study (600 sites, 1,200 patients) we do not see any red flags in such m
We hosted a KOL call focused on Obefazimod (Abivax) with Prof. Yoram Bouhnik, head of the Paris IBD center and author of over 300 peer-reviewed publications on IBD. Prof. Bouhnik, participated in Obefazimod Phase IIb (11 patients enrolled) and in current Phase III (17 enrollees).Key takeaways from
Abivax reported its FY 2023 financial results, which highlighted the total EUR 500m raised in 2023 (incl. EUR 130m capital increase, two structured debt financing transactions aggregating EUR 150m and EUR 223.3m US IPO). In particular, the financial results highlighted i) operating loss at EUR -127
Abivax hosted a virtual KOL event yesterday featuring i) a discussion on the unmet medical need and current treatment landscape for patients with UC, and ii) a review of Obefazimod's phase 2b data as well as iii) the phase 3 trial design for the treatment of moderate-to-severe UC and its strategy t
Given team and strategy changes, Oscar Haffen Lamm is now assuming coverage of Medincell, Camurus, Valneva, Aelis Pharma, Abivax, Calliditas, Egetis Therapeutics, Basilea, Geneuro, Achilles, Valerio, Innate Pharma, Morphosys, Inventiva Pharma, Vicore, DBV Technologies, and Genfit.Maria Vara is now
Following the recent US IPO, Abivax is well financed to execute its clinical plan with obefazimod with the induction topline results from its phase 3 program in ulcerative colitis expected in Q1 2025. Additionally, we expect the start of a phase 2a study with obefazimod in Crohn's disease to kick o
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