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Abivax Shares Rise 5% on Obefazimod Praise at UEG Week

Abivax shares climbed around 5% after positive feedback on its lead drug candidate obefazimod at UEG Week, a major European gastroenterology conference. The drug, being developed to treat ulcerative colitis, drew praise from specialists attending the meeting. Investors read the reception as a encouraging signal ahead of the treatment's further development and potential approval.

Why now: New positive expert commentary on obefazimod at UEG Week lifted investor confidence in Abivax stock.

AbivaxobefazimodUEG Week

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