
In this podcast episode, Marc de Garidel, CEO of Abivax, recounts the journey of turning around a biotech company facing difficulties. He details his initial immersion in gastroenterology, the establishment of a long-term vision focusing on ulcerative colitis and Crohn's disease, and the strategic decision to pursue NASDAQ listing for funding. Marc highlights the challenges of executing Phase 3 trials, building a US-based team, and differentiating their drug, Obifazimod, through its unique mechanism of action. He shares the pivotal moment of receiving positive trial results, the subsequent surge in stock value, and the ambitious plans for US launch and potential partnerships for global expansion, emphasizing the importance of focus, risk mitigation, and a transparent company culture.
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