Marc de Garidel, Abivax 🇫🇷 | Ulcerative Colitis, Inflammation | E46

When Abivax released stunning phase 3 results for ulcerative colitis, its 600% stock price surge froze Euronext for 45 minutes.
Philip meets Abivax CEO Marc de Garidel in Vienna, Austria, to go behind the scenes of a remarkable biotech turnaround.
Marc discusses the processes involved in executing the phase 3 trial that beat even Abivax’s own phase 2 data. He also talks about France’s biotech ecosystem and the importance of having the right team.

⭐️ ABOUT THE SPEAKER
Marc de Garidel joined Abivax as CEO in 2023. Prior to this, he led two biotech companies through billion-dollar exits (CinCor Pharma and Corvidia Therapeutics). He also served as CEO of Ipsen from 2010 to 2016, and has worked at the likes of Amgen and Eli Lilly.

🔗 LINKS MENTIONED
• Abivax’s website - abivax.com
• Phase 3 results - ir.abivax.com/news-releases/news-release-detai…
• $747.5 million public offering - ir.abivax.com/news-releases/news-release-detai…
• Marc de Garidel, Abivax | How to make two Billion-dollar exits (“smoothly”) | E09 - flot.bio/episode/marc-de-garidel-abivax-exit
• Chris Martin, Verona Pharma 🇬🇧 | Ohtuvayre, COPD, Execution | E34 - flot.bio/episode/chris-martin-verona-pharma-copd
• Christophe Bourdon, LEO Pharma 🇩🇰 | Biopharma Turnaround | E31
• flot.bio/episode/christophe-bourdon-leo-pharma…
• Nanobiotix episode - youtube.com/watch?v=3Krhyy6a-nw&pp=0gcJCQM… (youtube.com/watch?v=3Krhyy6a-nw&pp=0gcJCQM…)
• Fabrice Chouraqui, Pharming 🇳🇱 | Transgenic Rabbits, Rare Diseases | E43 - flot.bio/episode/fabrice-chouraqui-pharming-tr…

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

📖 SHORT BLOGS BASED ON THIS EPISODE:
• Abivax's Record NASDAQ Stock Surge After Phase 3 Data: flot.bio/abivax-biotech-stock-phase-3

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🎙️ (x.com/FlotBio) ABOUT FLOT.BIO
Flot.bio is a show to watch the best Europeans in biotech to help you grow. Hosted by Philip Hemme. 25k monthly views. Free.

⏰ TIMESTAMPS
• 0:44: Abivax’s crazy Ph3 data and stock price jump
• 4:06: Surging investor demand on NASDAQ and Euronext
• 8:58: Future directions
• 11:02: Executing a Phase 3 home run
• 17:20: Marc de Garidel's leadership style
• 21:58: Abivax: origins
• 34:51: France's billion-dollar biotechs
• 44:11: Quick-fire questions