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ABIVAX (ABVX) investor relations material
ABIVAX Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary15 Dec, 2025
Executive summary
Cash and cash equivalents reached EUR 589.7M as of September 30, 2025, providing a cash runway into Q4 2027.
Key business updates included multiple late-breaking presentations of Phase 3 trial results for obefazimod in ulcerative colitis at major gastroenterology meetings.
Financial highlights
Operating loss increased by EUR 44.2M to EUR 174.4M for the nine months ending September 30, 2025, compared to the same period in 2024.
Net loss for the period was EUR 254.1M, up EUR 117.3M year-over-year.
Operating income decreased by EUR 4.0M to EUR 4.1M, mainly from lower research tax credits and subsidies.
R&D expenses rose by EUR 25.4M to EUR 133.4M, driven by increased clinical trial activity and supply chain costs.
Cash position increased by EUR 445.5M since December 31, 2024, mainly due to a large public offering in July 2025.
Outlook and guidance
Forecasted cash flow requirements are expected to be covered into Q4 2027 based on current cash reserves.
How does commercial launch prep affect cash runway?
What are next steps for Crohn's Disease program
Quantify share count increase from debt conversions
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Frequently asked questions
ABIVAX Société Anonyme is a clinical-stage biotechnology company that focuses on developing therapeutics designed to modulate the body's natural immune regulatory mechanisms. The company is primarily engaged in advancing its lead drug candidate, obefazimod, which is currently undergoing clinical trials aimed at treating moderately to severely active ulcerative colitis. Additionally, ABIVAX is exploring obefazimod's potential in treating other chronic inflammatory diseases, including Crohn's disease, through ongoing clinical trials and research initiatives. The company is headquartered in Paris, France, and its shares are listed on both the Nasdaq and the Euronext Paris.
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