Abivax Reports Q1 2026 Financial Results with Extended Cash Runway
Abivax (NASDAQ:ABVX) reported its first-quarter financial results for 2026, revealing a cash position of €491.6 million that is expected to last through the fourth quarter of 2027. The company noted increased R&D expenses due to ongoing trials and promising three-year interim data from Study 108 on obefazimod in ulcerative colitis patients.
Tickers: $ABVX
Topics: biotech cash_runway clinical_trials