Marc de Garidel, Abivax | How to make two billion 💶 exits ("smoothly") | E09

Today, I’m in Paris (🇫🇷) to chat with Marc de Garidel, the new CEO of Abivax. We talk about the challenges behind the exits and why Abivax could be a third big success.

💎 ABOUT THE SPEAKER
Marc is a biopharma veteran with an impressive track record. He has made two billion-dollar exits, was CEO of Ipsen, and has recently made the biggest French IPO ever with Abivax. He has also raised $60M series B for Massachusetts-based Corvidia Therapeutics before being acquired for $2.1B by Novo Nordisk. He also was the CEO of CinCor Pharma which sold for $1.8B to AstraZeneca in 2023. I’ve never met Marc but I heard many great things about him.

📜 TRANSCRIPT
Read the full transcript here: flot.bio/episode/marc-de-garidel-abivax-exit

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⏰ TIMESTAMPS
[00:00:00] Intro
[00:01:32] Behind the scene of the 2 billion-dollar exits
[00:20:48] Lessons on compliance analysis
[00:24:09] What to do when the market is against you
[00:36:08] Abivax: Phase II compared to standard of care
[00:42:51] IBD and the microbiome
[00:51:20] Why is 70% of the market in the US?
[00:59:07] The best way to sell a company is to make a great product
[01:03:48] Find people who inspire you
[01:10:45] Thanks for listening 🙏