DGAP-News: Abivax presents first-half 2022 financial results and operations update
2022 Research Tax Credit revenue amounts to EUR +2.2M as of June 30, 2022, compared with EUR+1.6M as of June 30, 2021.
- 2022 Research Tax Credit revenue amounts to EUR +2.2M as of June 30, 2022, compared with EUR+1.6M as of June 30, 2021.
- Net loss is amounting at EUR -29.6M as of June 30, 2022 (EUR -13.0M compared to EUR -16.5M as of June30, 2021).
- Cash at the end of June 2022 was EUR +26.6M, compared to EUR +60.7M at the end of 2021.
- Following the induction study results, in March 2022, Abivax reported its phase 2a maintenance results in RA after the first year of treatment.