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Home » Inventiva shares fall as partner Abbvie ditches phase II psoriasis drug cedirogant
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Inventiva shares fall as partner Abbvie ditches phase II psoriasis drug cedirogant

Oct. 31, 2022
By Richard Staines
Shares in Inventiva SA (Paris:IVAA) fell about 18% after development partner Abbvie Inc. quit development of the inflammatory disease drug cedirogant following an unfavorable readout from a phase II toxicology study. The companies had worked on the asset together for about a decade. Inventiva emerged from Abbott in 2012, before the healthcare giant split in 2013 to form pharma specialist Abbvie and Abbott Laboratories, focused on medical devices.
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