Core Insights - Abeona Therapeutics has activated a Qualified Treatment Center for ZEVASKYN, the first FDA-approved therapy for treating RDEB wounds with a single application [1][2] - ZEVASKYN is a gene-modified cellular therapy developed through a collaboration between Abeona Therapeutics and Stanford Medicine, receiving FDA approval in April 2025 [1][2] - The treatment is now available at Lucile Packard Children's Hospital Stanford and Lurie Children's Hospital of Chicago, marking a significant milestone in its commercial launch [2] Company Overview - Abeona Therapeutics is a commercial-stage biopharmaceutical company focused on developing cell and gene therapies for serious diseases, with ZEVASKYN being its flagship product for RDEB [7] - The company operates a fully integrated cGMP cell and gene therapy manufacturing facility in Cleveland, Ohio, which is responsible for the commercial production of ZEVASKYN [7] Product Details - ZEVASKYN (prademagene zamikeracel) is the first autologous cell sheet-based gene therapy for RDEB, addressing a severe skin disease caused by defects in the COL7A1 gene [3][4] - The therapy incorporates the COL7A1 gene into a patient's skin cells to produce functional type VII collagen, leading to clinically meaningful wound healing and pain reduction [3][4] Patient Support Initiatives - Abeona has established a comprehensive patient support program, Abeona Assist™, to help eligible patients access ZEVASKYN, including assistance with insurance benefits and logistical support [2]

Core Insights - Abeona Therapeutics has announced that Beacon Therapeutics has exercised its option to license Abeona's patented AAV204 capsid for potential gene therapies targeting various retinal diseases, which could lead to significant financial benefits for Abeona through license payments and royalties [1][3]. Group 1: Licensing Agreement - The licensing agreement with Beacon Therapeutics is worldwide and non-exclusive, allowing Beacon to develop gene therapies for up to five ophthalmic disease targets using AAV204 [1][3]. - Abeona will receive an undisclosed upfront license payment, along with additional payments tied to development, regulatory, and sales milestones, plus tiered royalties on worldwide net sales of products incorporating AAV204 [3]. Group 2: AAV204 Capsid Details - AAV204 is a novel AAV capsid from the AIM™ capsid library, which has demonstrated high transduction levels in the macula and optic nerve after administration in preclinical studies [2][4]. - The AIM™ capsid library includes various AAV serotypes designed to improve delivery to tissues affected by genetic diseases, potentially evading immune responses [4]. Group 3: Company Overview - Abeona Therapeutics is a commercial-stage biopharmaceutical company focused on developing cell and gene therapies for serious diseases, including its autologous cell-based gene therapy ZEVASKYN™ for treating recessive dystrophic epidermolysis bullosa [5]. - The company operates a fully integrated cGMP manufacturing facility in Cleveland, Ohio, which supports the commercial production of ZEVASKYN [5].

Core Insights - Abeona Therapeutics Inc. has been added to the U.S. small-cap Russell 2000® Index and the broad-market Russell 3000® Index, effective June 30, 2025, marking a significant milestone for the company [1][2] - The inclusion in these indexes is expected to enhance the company's visibility and attract a wider range of investors, particularly following the FDA approval of ZEVASKYN™ [2] - The Russell 3000® Index includes the 3,000 largest U.S.-traded stocks, and membership is updated annually, providing a benchmark for investment strategies [3] Company Overview - Abeona Therapeutics is a commercial-stage biopharmaceutical company focused on developing cell and gene therapies for serious diseases [4] - ZEVASKYN™ is the first autologous cell-based gene therapy approved for treating wounds in patients with recessive dystrophic epidermolysis bullosa (RDEB) [4] - The company operates a fully integrated cGMP manufacturing facility in Cleveland, Ohio, which is responsible for ZEVASKYN's commercial production [4]

Company Overview - Abeona Therapeutics Inc. is a commercial-stage biopharmaceutical company focused on developing cell and gene therapies for serious diseases [3] - The company's flagship product, ZEVASKYN™ (prademagene zamikeracel), is the first and only autologous cell-based gene therapy for treating wounds in patients with recessive dystrophic epidermolysis bullosa (RDEB) [3] - Abeona operates a fully integrated cGMP manufacturing facility in Cleveland, Ohio, which is dedicated to the commercial production of ZEVASKYN [3] Upcoming Events - The CEO, Vish Seshadri, and the Chief Commercial Officer, Madhav Vasanthavada, will participate in a fireside chat at the Jefferies Global Healthcare Conference on June 4, 2025, at 11:40 a.m. Eastern Time [1] - A live webcast of the event will be available on the Investors section of the Abeona website and will be archived for 30 days [2] Product Development - Abeona's development portfolio includes adeno-associated virus (AAV)-based gene therapies targeting ophthalmic diseases with significant unmet medical needs [3] - The company is evaluating next-generation AAV capsids to enhance tropism profiles for various severe diseases [3]

Core Insights - Abeona Therapeutics has received FDA approval for ZEVASKYN™, the first autologous cell-based gene therapy for treating wounds in patients with recessive dystrophic epidermolysis bullosa (RDEB) [1][5] - The company is transitioning to a commercial-stage entity with the launch of ZEVASKYN and has activated its first treatment center [2][4] Recent Developments - ZEVASKYN's FDA approval marks a significant milestone for RDEB patients, with the first treatment expected in Q3 2025 [5] - Abeona has secured a $155 million non-dilutive capital through the sale of its Rare Pediatric Disease Priority Review Voucher (PRV), which will fund operations for over two years [3] - The company has entered into value-based agreements with commercial payer groups, ensuring access to ZEVASKYN for approximately 100 million commercially-insured lives [5] Financial Results - As of March 31, 2025, the company reported cash and cash equivalents totaling $84.5 million, down from $98.1 million at the end of 2024 [6] - Research and development expenses increased to $9.9 million in Q1 2025 from $7.2 million in Q1 2024, primarily due to scaling up manufacturing for ZEVASKYN [7] - The net loss for Q1 2025 was $12.0 million, a significant reduction from a net loss of $31.6 million in Q1 2024 [8][14]

Core Insights - The FDA has approved ZEVASKYN as the first and only autologous cell-based gene therapy for treating wounds in patients with recessive dystrophic epidermolysis bullosa (RDEB) [1][16] - ZEVASKYN demonstrated significant wound healing and pain reduction in a pivotal Phase 3 study, with 81% of treated wounds showing 50% or more healing after six months [3][4] - The therapy will be available through Qualified Treatment Centers starting in the third quarter of 2025 [1][12] Company Overview - Abeona Therapeutics is a commercial-stage biopharmaceutical company focused on developing cell and gene therapies for serious diseases, with ZEVASKYN being a key product in its portfolio [21] - The company operates a fully integrated cGMP manufacturing facility in Cleveland, Ohio, which will support the commercial production of ZEVASKYN [21] Clinical Evidence - The pivotal Phase 3 VIITAL™ study met its co-primary efficacy endpoints, showing statistically significant healing and pain reduction in large chronic RDEB wounds [3][4] - In a Phase 1/2a study, long-term improvements in wound healing and pain reduction were observed, with a median follow-up of 6.9 years [5] Patient Support and Accessibility - Abeona Assist™ is a patient services program designed to provide personalized support, including insurance benefits and financial assistance [13] - ZEVASKYN will be accessible through specialized treatment centers recognized for their expertise in epidermolysis bullosa [12] Market Impact - The approval of ZEVASKYN is seen as a significant advancement for the RDEB community, addressing a critical unmet need for effective wound treatment [2][8] - The company received a Rare Pediatric Disease Priority Review Voucher from the FDA, which it plans to monetize [14]