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Abivax Confident About Securing Success Stateside

 
• By Kevin Grogan

The French group has just listed on the NASDAQ and while its stock has already taken a couple of hits, CEO Marc de Garidel has faith that the firm’s IBD drug obefazimod will be a major player in the space.

NASDAQ
• Source: Shutterstock

US stock market investors have yet to be convinced by Abivax SA following its listing on the NASDAQ at the end of last week but CEO Marc de Garidel has told Scrip that the value proposition of the French biotech's inflammatory bowel disease (IBD) candidate obefazimod is strong enough to win them over.

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