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Abivax S.A.

111.73

-1.6200-1.43%

Post-market: 112.000.2700+0.24%19:46 EDT

Volume:1.06M

Turnover:118.66M

Market Cap:9.73B

PE:-21.42

High:114.33

Open:112.17

Low:111.36

Close:113.35

52wk High:148.83

52wk Low:69.81

Shares:87.05M

Float Shares:76.46M

Volume Ratio:1.13

T/O Rate:1.38%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-5.2168

EPS(LYR):-5.6758

ROE:-157.07%

ROA:-44.65%

PB:19.48

PE(LYR):-19.69

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Overview Company News Filings

Abivax Announces Positive Pre-Nda Interaction with the FDA for Obefazimod

THOMSON REUTERS

Abivax Sa: Remains on Track to Submit First Nda for Obefazimod for Treatment of Moderately to Severely Active Ulcerative Colitis by End of 2026

THOMSON REUTERS

Movement Alert｜Abivax S.A. Rises 5.18% in Regular Trading, Morgan Stanley Raises Target Price to $180

Abivax's Potential Colitis Drug Showing Positive Results That Bolster Stock Prospects, Morgan Stanley Says

MT Newswires Live

Morgan Stanley Adjusts Price Target on Abivax to $180 From $132, Maintains Overweight Rating

MT Newswires Live

Abivax Names New Global Heads of Marketing, Sales and Market Access in Commercial Leadership Shake-up

Abivax re-engages Centerview amid renewed takeover interest, La Lettre says

Valerio Therapeutics, Abivax Enter R&D Collaboration for Inflammatory Disease Therapies

MT Newswires Live

Abivax price target raised to $175 from $165 at Piper Sandler

Abivax Closes $920 Million ADS Offering

MT Newswires Live

Abivax Rebounds, but Obefazimod Unlikely to Replace JAK Inhibitors, Wedbush Says

MT Newswires Live

Abivax Sa : Wedbush Raises Target Price to $140 from $110

THOMSON REUTERS

Wedbush Raises Price Target on Abivax to $140 From $110, Keeps Neutral Rating

MT Newswires Live

Movement Alert｜Abivax S.A. Rises 6.46% in Pre-Market Trading, $920 Million ADS Offering Officially Closes Boosting Bullish Sentiment

Movement Alert｜Abivax S.A. Rises 5.74% Overnight, $920 Million ADS Offering Officially Closes as Underwriters Fully Exercise Over-Allotment Option

Movement Alert｜Abivax S.A. Rises 5.39% in Regular Trading, Underwriters Fully Exercise Overallotment Option Lifting Total Proceeds to $920 Million

Abivax Sa : Truist Securities Raises Target Price to $155 from $135

THOMSON REUTERS

Abivax price target raised to $155 from $135 at Truist

Abivax Says Underwriters Fully Exercise Option in ADS Offering

MT Newswires Live

Analysts Offer Insights on Healthcare Companies: SCYNEXIS (SCYX) and Abivax SA Sponsored ADR (ABVX)

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Rises 5.18% in Regular Trading, Morgan Stanley Raises Target Price to $180","url":"https://stock-news.laohu8.com/highlight/detail?id=1138028006","media":"Market Focus","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1138028006?lang=en_us&edition=fundamental","pubTime":"2026-07-30 23:01","pubTimestamp":1785423662,"startTime":"0","endTime":"0","summary":"On July 30, Abivax S.A. rose 5.18% in regular trading, trading at $124.4/share, with turnover of $55.49 million. The rally was driven by Morgan Stanley significantly raising its price target on the...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2653822600","title":"Abivax's Potential Colitis Drug Showing Positive Results That Bolster Stock Prospects, Morgan Stanley Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2653822600","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2653822600?lang=en_us&edition=fundamental","pubTime":"2026-07-24 20:47","pubTimestamp":1784897275,"startTime":"0","endTime":"0","summary":"Abivax's  drug obefazimod for the potential treatment of ulcerative colitis patients has shown promising clinical results, with experts seeing the potential for \"broad uptake\" of the drug in the long term, Morgan Stanley said in a note to investors on Friday.Sentiment on lingering regulatory and labeling concerns has also improved as clinical data has come in, the note said.Experts and opinion leaders were \"unanimously positive\" on obefazimod's efficacy, suggesting \"broad opportunity\" for obefazimod, the note said.The drug's benefits outweigh potential risks of overly strict labeling or long-term adverse effects, the note said.\"Clear from our conversations is the near-unanimous support for obefazimod's efficacy profile, particularly on endoscopic measures,\" the note said.Morgan Stanley rated Abivax overweight and raised its price target to between $159 and $202, from the previous $97 to $157.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ABVX","BK4139"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2653083983","title":"Morgan Stanley Adjusts Price Target on Abivax to $180 From $132, Maintains Overweight Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2653083983","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2653083983?lang=en_us&edition=fundamental","pubTime":"2026-07-24 17:47","pubTimestamp":1784886456,"startTime":"0","endTime":"0","summary":"Abivax (ABVX) has an average rating of buy and mean price target of $162.06, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks and r","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ABVX","BK4139"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2653773710","title":"Abivax Names New Global Heads of Marketing, Sales and Market Access in Commercial Leadership Shake-up","url":"https://stock-news.laohu8.com/highlight/detail?id=2653773710","media":"Reuters","labels":["executive","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2653773710?lang=en_us&edition=fundamental","pubTime":"2026-07-24 04:13","pubTimestamp":1784837624,"startTime":"0","endTime":"0","summary":"Abivax names new global heads of marketing, sales and market access in commercial leadership shake-upAbivax expanded its commercial leadership team with four senior hires as it prepares a potential US","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260723:nNDL4VGb0V:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2652287827","title":"Abivax re-engages Centerview amid renewed takeover interest, La Lettre says","url":"https://stock-news.laohu8.com/highlight/detail?id=2652287827","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2652287827?lang=en_us&edition=fundamental","pubTime":"2026-07-18 02:10","pubTimestamp":1784311814,"startTime":"0","endTime":"0","summary":"Marc de Garidel’s company suspended takeover talks with pharma giants including AstraZeneca (AZN) and Eli Lilly (LLY) last month as it secured an E...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/abivax-re-engages-centerview-amid-renewed-takeover-interest-la-lettre-says-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/abivax-re-engages-centerview-amid-renewed-takeover-interest-la-lettre-says-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ABVX","BK4139"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2651644362","title":"Valerio Therapeutics, Abivax Enter R&D Collaboration for Inflammatory 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programs into further development.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4139","ABVX","BK4539","LENZ","BK4007"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2650926264","title":"Abivax price target raised to $175 from $165 at Piper Sandler","url":"https://stock-news.laohu8.com/highlight/detail?id=2650926264","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2650926264?lang=en_us&edition=fundamental","pubTime":"2026-07-09 19:21","pubTimestamp":1783596090,"startTime":"0","endTime":"0","summary":"Piper Sandler raised the firm’s price target on Abivax (ABVX) to $175 from $165 and keeps an Overweight rating on the shares. The firm is raising i...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/abivax-price-target-raised-to-175-from-165-at-piper-sandler-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/abivax-price-target-raised-to-175-from-165-at-piper-sandler-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2649679769","title":"Abivax Closes $920 Million ADS Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2649679769","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2649679769?lang=en_us&edition=fundamental","pubTime":"2026-07-07 04:21","pubTimestamp":1783369279,"startTime":"0","endTime":"0","summary":"Abivax  said Monday it closed its previously announced public offering of 7.36 million American depositary shares, including the full exercise of the underwriters' option to purchase additional ADSs.The offering generated aggregate gross proceeds of approximately $920 million, with estimated net proceeds of approximately $874.1 million, according to a statement.Abivax said the net proceeds, together with its current cash and cash equivalents, will fund operations into Q4 of 2029.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4139","ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2649281620","title":"Abivax Rebounds, but Obefazimod Unlikely to Replace JAK Inhibitors, Wedbush Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2649281620","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2649281620?lang=en_us&edition=fundamental","pubTime":"2026-07-06 23:12","pubTimestamp":1783350766,"startTime":"0","endTime":"0","summary":"Abivax  shares have rebounded to pre-Phase 3 maintenance data levels as investor concerns over malignancy rates eased, but obefazimod is unlikely to displace JAK inhibitors in inflammatory bowel disease, Wedbush said in a report Monday.The firm said \"malignancy rates\" associated with obefazimod's 50-milligram dose appear comparable with those seen with approved JAK inhibitors, including market leader AbbVie's  Rinvoq, suggesting the safety profile is unlikely to significantly limit commercial adoption, according to the report.However, the firm said that claims obefazimod is \"best in disease\" are not supported by the data, noting its \"induction\" efficacy in biologic-experienced patients lagged Rinvoq's, although maintenance results were broadly comparable. The analysts expect obefazimod to find a role in patients previously treated with JAK inhibitors rather than replace the class.The report also said the likelihood of a near-term acquisition has diminished, citing reduced interest from","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ABVX","BK4139"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2649626839","title":"Abivax Sa : Wedbush Raises Target Price to $140 from $110","url":"https://stock-news.laohu8.com/highlight/detail?id=2649626839","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2649626839?lang=en_us&edition=fundamental","pubTime":"2026-07-06 19:09","pubTimestamp":1783336167,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260706:nFWN4380A4:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2649162535","title":"Wedbush Raises Price Target on Abivax to $140 From $110, Keeps Neutral Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2649162535","media":"MT Newswires Live","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2649162535?lang=en_us&edition=fundamental","pubTime":"2026-07-06 18:52","pubTimestamp":1783335154,"startTime":"0","endTime":"0","summary":"Abivax (ABVX) has an average rating of buy and mean price target of $156.84, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks and r","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ABVX","BK4139"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1120085619","title":"Movement Alert｜Abivax S.A. Rises 6.46% in Pre-Market Trading, $920 Million ADS Offering Officially Closes Boosting Bullish Sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=1120085619","media":"Market Focus","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1120085619?lang=en_us&edition=fundamental","pubTime":"2026-07-06 16:07","pubTimestamp":1783325247,"startTime":"0","endTime":"0","summary":"On July 6, Abivax S.A. rose 6.46% in pre-market trading, trading at $152.5/share, with turnover of $580,000. The stock continues to trade well above the $125 offering price.On the news front, the...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1182435348","title":"Movement Alert｜Abivax S.A. Rises 5.74% Overnight, $920 Million ADS Offering Officially Closes as Underwriters Fully Exercise Over-Allotment Option","url":"https://stock-news.laohu8.com/highlight/detail?id=1182435348","media":"Market Focus","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1182435348?lang=en_us&edition=fundamental","pubTime":"2026-07-06 15:02","pubTimestamp":1783321325,"startTime":"0","endTime":"0","summary":"On July 6, Abivax S.A. rose 5.74% overnight, trading at $155.04/share, with turnover of $1.27 million. The movement was driven by the formal closing of the company's expanded equity offering, which...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1188703620","title":"Movement Alert｜Abivax S.A. Rises 5.39% in Regular Trading, Underwriters Fully Exercise Overallotment Option Lifting Total Proceeds to $920 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=1188703620","media":"Market Focus","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1188703620?lang=en_us&edition=fundamental","pubTime":"2026-07-02 21:37","pubTimestamp":1782999445,"startTime":"0","endTime":"0","summary":"On July 2, Abivax S.A. rose 5.39% in regular trading, trading at approximately $140.64 per share, with turnover of $67.40 million.On the news front, the company announced that underwriters of its...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2648312502","title":"Abivax Sa : Truist Securities Raises Target Price to $155 from $135","url":"https://stock-news.laohu8.com/highlight/detail?id=2648312502","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2648312502?lang=en_us&edition=fundamental","pubTime":"2026-07-02 19:41","pubTimestamp":1782992503,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260702:nFWN4340JX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","ABVX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2648504690","title":"Abivax price target raised to $155 from $135 at Truist","url":"https://stock-news.laohu8.com/highlight/detail?id=2648504690","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2648504690?lang=en_us&edition=fundamental","pubTime":"2026-07-02 19:15","pubTimestamp":1782990943,"startTime":"0","endTime":"0","summary":"Truist raised the firm’s price target on Abivax (ABVX) to $155 from $135 and keeps a Buy rating on the shares. ollowing maintenance Part 2 data, di...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/abivax-price-target-raised-to-155-from-135-at-truist-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/abivax-price-target-raised-to-155-from-135-at-truist-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ABVX","BK4139"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2648458508","title":"Abivax Says Underwriters Fully Exercise Option in ADS Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2648458508","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2648458508?lang=en_us&edition=fundamental","pubTime":"2026-07-02 16:43","pubTimestamp":1782981835,"startTime":"0","endTime":"0","summary":"Abivax  said Thursday the underwriters of its American depositary share offering exercised in full their option to purchase an additional 960,000 ADSs, increasing gross proceeds to about $920 million.The offering is expected to close Monday, subject to customary closing conditions.Net proceeds, about $874.1 million, will be used to support the potential US commercialization of obefazimod, clinical research on ulcerative colitis and Crohn's disease, and for general corporate purposes, the company said.Shares of Abivax were 5% higher in Thursday's premarket 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