HEALTHSTAT NEWS
STAT+: Abivax seeks to ease safety concerns with new data, boosting shares
Abivax released additional data on its experimental ulcerative colitis drug obefazimod to address safety concerns, leading to a 25% rise in U.S.-listed shares. The drug showed strong efficacy in a maintenance trial, but prior cancer cases among participants had raised safety risks.
Related Signal
Adjacent reporting
- STAT+: Abivax ulcerative colitis drug shows strong efficacy, but cases of cancer raise concerns
- French biotech stock soars 31% after new data on experimental medicine
- Novo Nordisk Shares Surge on New Obesity Drug Results
- Weight loss drug maker sinks 25% after new safety data spooks investors
- STAT+: Radiopharmaceutical shows promise in post-Pluvicto setting
- Akeso lung cancer drug shines in trials, boosting hopes in US$20b market