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Week of Expected Pricing 10/20/2023
Company Name ABIVAX S A
Proposed Ticker ABVX
CUSIP 00370M103
Business Description We are a clinical-stage biotechnology company focused on developing therapeutics that harness the body’s natural regulatory mechanisms to modulate the immune response in patients with chronic inflammatory diseases. We are currently evaluating our lead drug candidate, obefazimod, in Phase 3 clinical trials for the treatment of adults with moderately to severely active ulcerative colitis (“UC”). We are also in the planning stages of initiating a Phase 2a clinical trial of obefazimod in patients with Crohn’s disease (“CD”), as well as evaluating other potential inflammatory indications.
Lead Underwriter Leerink partner LLC,Morgan Stanley & Co.LLC
Co-Managers Bryan Garnier Securities SAS, LifeSci Capital, LLC
Initial Shares 18,675,500
Revised Initial Shares 1,86,99,460
Initial Price $13.39-$13.39
Revised Price $11.60-$13.00
Final Price $11.60
Final Ticker ABVX

 

 

   
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