Abivax stock jumps on fresh Eli Lilly takeover talk as ABVX.PA hits record — what traders watch next
Abivax shares jumped 22% to 120.60 euros Monday after French outlet La Lettre reported Eli Lilly is preparing a 15 billion euro takeover bid. CEO Marc de Garidel dismissed the rumors, saying the company is focused on drug development. Neither Abivax nor Lilly commented. Investors await statements at the JPMorgan Healthcare Conference this week.