Advicenne: hearing date set for the end of the observation period of its safeguard procedure
Advicenne informed its shareholders, in a press release published on 3 November 2026, that the hearing marking the end of the observation period of its safeguard procedure will be held before the Paris Commercial Court.
The company will provide 'an update on the next steps' of this procedure upon receipt of the court's decision rendered at the end of the hearing.
An observation period initially scheduled to end on 5 November
The observation period opened under the safeguard procedure was initially scheduled to end on 5 November 2026. It was subject to the possibility of an additional extension of six months.
The hearing will be held on 9 November 2026, after the initial deadline of 5 November. According to Advicenne, it is this hearing that will mark the end of the observation period, before the company communicates on the next steps of the procedure.
Sibnayal, flagship product marketed in more than twenty-five countries
Founded in 2007 and based in Paris, Advicenne develops treatments in nephrology. Its main product, Sibnayal (ADV7103), has received marketing authorisation for distal renal tubular acidosis in the European Union, the United Kingdom, Saudi Arabia and the United Arab Emirates.
This treatment is marketed in more than twenty-five countries in Europe. Listed on the Paris Stock Exchange since 2017, the company has been listed on Euronext Growth Paris following its transfer, which took place on 30 March 2022.