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u/double_a_mtl
REDDIT_SCRAPED
Abivax ($ABVX) is a European biotech lab with a patent on Obefazimod, a drug initially developed for HIV that shows superior efficacy (50%+ remission rates vs 15-35% for current treatments) in treating Ulcerative Colitis. The thesis is that Big Pharma desperately needs new drugs to replace $400B in annual sales facing patent cliffs by 2030, making acquisition or licensing of successful biotech compounds highly likely, positioning $ABVX as a potential 2-3x bagger. Key risks include clinical trial failures, regulatory setbacks, competition from established UC treatments, and potential dilution from financing needs.