Dechert Advises Abivax on €12 Million Capital Raise

 
July 18, 2019

18 July 2019 / PARIS - Dechert advised Abivax, a clinical-stage biotechnology company harnessing the immune system to develop novel treatments for inflammatory diseases, viral diseases and cancer, as part of its €12M capital increase entirely subscribed at market price by Sofinnova Crossover I, a fund managed by Sofinnova Partners.

This capital increase enables Abivax, now valued at more than €100 million, to secure funding for its clinical trials until mid-2020.

Dechert's team of lawyers was led by Alain Decombe and Charles Cardon, with assistance from Quentin Durand and Vianney Toulouse.

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