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Abivax SA (Nasdaq: ABVX) Sets Sights on Full Enrollment of ABTECT Trial and Key Data in 2025

Mon 24 Mar 25, 10:11 AM | Team Kalkine

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Highlights

Abivax SA (Nasdaq:ABVX), a clinical-stage biotechnology company, has announced its financial results for the year ending December 31, 2024. The results were approved by the Company's Board of Directors on March 20, 2025, and will be filed with the French and U.S. securities authorities on March 24, 2025.

As of December 31, 2024, Abivax reported a cash balance of EUR 144.2 million, providing a good financial foundation to continue advancing its clinical development pipeline. This cash position ensures a runway extending into Q4 2025, allowing the company to focus on its Phase 3 ABTECT clinical trial for obefazimod, which is being evaluated for the treatment of moderately to severely active ulcerative colitis (UC). Full enrollment in this pivotal trial is expected by Q2 2025.

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