On June 2, Abivax S.A. rose 31.08% in after-hours trading, trading at $170.0/share, with trading volume of $35.91 million.
Within the Biotechnology sector where Abivax S.A. belongs, the overall sector showed limited movement. Among individual stocks, Revolution Medicines up 0.53%, AbbVie down 0.53%, Gilead Sciences flat, Amgen up 0.46%, Regeneron Pharmaceuticals down 0.03%.
Abivax S.A. is 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. Its lead drug candidate, obefazimod, is in Phase 3 clinical trials for the treatment of moderately to severely active ulcerative colitis and is also being developed for Crohn's disease.
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