Following its quarterly review of the CAC 40 index family, Euronext has announced the inclusion of pharmaceutical laboratories Abivax and Ipsen, along with semiconductor materials supplier Soitec, in its CAC Next 20 and CAC Large 60 indices.
These three stocks will replace airport operator ADP, real estate investment trust Gecina, and automotive supplier Valeo.
Furthermore, oil company Maurel & Prom and electrical specialties and graphite materials provider Mersen will join the SBF 120, displacing contract catering group Elior and real estate firm Nexity.
These various changes within the Parisian indices will take effect on Friday, June 19, after the market close.
Abivax is a clinical-stage biotechnology company focused on the development of therapeutics that exploit the body's natural regulatory mechanisms to stabilize the immune response in patients suffering from chronic inflammatory diseases.
Based in France and the United States, Abivax's lead drug candidate, obefazimod (ABX464), is in Phase 3 clinical trials for the treatment of moderate to severe active ulcerative colitis.
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