AbivaxABVX
About: Abivax SA is a France-based clinical-stage biotechnology company focused on developing therapeutics that harness the body's natural regulatory mechanisms to stabilize the immune response in patients with chronic inflammatory diseases. They are evaluating its drug candidate, obefazimod, in Phase 3 clinical trials for the treatment of adults with moderately to severely active ulcerative colitis. Its initial focus is on inflammatory bowel diseases, chronic conditions involving inflammation of the gastrointestinal tract, of which the two most common forms are UC and CD.
Employees: 61
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
5% more funds holding
Funds holding: 38 [Q2] → 40 (+2) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
3.85% less ownership
Funds ownership: 47.11% [Q2] → 43.26% (-3.85%) [Q3]
20% less capital invested
Capital invested by funds: $392M [Q2] → $313M (-$79.3M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
JMP Securities Jason Butler 33% 1-year accuracy 13 / 40 met price target | 334%upside $33 | Market Outperform Initiated | 4 Dec 2024 |