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Ulcerative colitis stories

Jun 2, 2026

Abivax Shares Plunge Over 30% as Cancer Cases Overshadow Inflammatory Bowel Disease Trial Results

French biotech Abivax saw its stock tumble over 30% after reporting late-stage trial data for its ulcerative colitis drug, with investors focusing on safety concerns related to cancer cases despite the treatment showing efficacy.

Jun 2, 2026·2 sources
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Top claims

  • ▪Abivax's trial results published on June 1, 2026 were from a maintenance study assessing obefazimod over 44 weeks.
  • ▪AbbVie's Rinqvoc carries a U.S. Food and Drug Administration warning of malignancy.
  • ▪Abivax's late-stage trial results for obefazimod in mid-2025 beat even the most optimistic expectations.

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