Abeona’s (ABEO) Gene Therapy Launch Hits A Pivotal Reimbursement Milestone
Abeona Therapeutics (ABEO) reported Q2 revenue of $11.4M, up 31% from Q1, driven by its gene therapy ZEVASKYN. The company treated 12 patients, with 5 in Q2 and 3 more in Q3 to date. It secured a new technology add-on payment from CMS. However, net loss widened to $20.2M, and cancellations due to manufacturing issues were noted.

