International Companies

Shares in Abivax plunge as safety concerns cloud trial results

By Abigail Townsend

Date: Tuesday 02 Jun 2026

(Sharecast News) - Shares in Abivax tanked on Tuesday, after trial results for an inflammatory bowel drug developed by the French biotech disappointed.
Obefazimod is an investigational oral treatment for adults with moderately to severe active ulcerative colitis (UC).

Publishing phase III results, Abivax said that at week 44, both...

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