other_material
confidence high
sentiment positive
materiality 0.75
Abeona closes sale of Rare Pediatric Disease PRV for $155M; cash at $225M
ABEONA THERAPEUTICS INC.
- Closed sale of Rare Pediatric Disease Priority Review Voucher for $155M gross proceeds on June 27, 2025.
- Unrestricted cash, equivalents, and short-term investments totaled approximately $225M as of June 30, 2025.
- CFO expects over two years of operating capital without further capital infusion; profitability projected early 2026.
- First ZEVASKYN patient treatment anticipated in Q3 2025.
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