Sale of further Abivax shares takes public offering to $747.5 million
It has been a stellar week for Abivax (Euronext Paris: ABVX), a French biotech developing therapeutics that harness the body’s natural regulatory mechanisms to modulate the immune response in patients with chronic inflammatory diseases.
First came Tuesday’s positive top-line results from the company’s Phase III ABTECT-1 and ABTECT-2 eight-week induction trials evaluating its oral, first-in-class miR-124 enhancer, obefazimod, in adult patients with moderately to severely active ulcerative colitis (UC).
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