earnings
confidence high
sentiment neutral
materiality 0.75
Abeona Q3 net loss $30.3M; FDA sets pz-cel PDUFA Apr 29, 2025
ABEONA THERAPEUTICS INC.
2024-Q3 EPS reported
-$1.41
- Net loss Q3 2024: $30.3M vs $11.8M YoY; includes $15.2M warrant revaluation loss.
- Cash, equivalents and investments $110.0M; down $13M from Q2; cash runway into 2026.
- FDA accepted pz-cel BLA resubmission; PDUFA target action date April 29, 2025.
- CMS granted pz-cel product-specific code and Pre-MDC MS-DRG 018 reimbursement.
- New U.S. patent issued for pz-cel (exp. 2037); lease for added manufacturing capacity.