Abeona Unveils Additional Data From Gene Therapy Trial For Rare Connective Tissue Disorder


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  • Abeona Therapeutics Inc (NASDAQ:ABEO) has announced updated data from Phase 1/2a trial for up to six years following treatment with EB-101 for recessive dystrophic epidermolysis bullosa (RDEB). 
  • The data showed that investigator assessment of wound healing of over 50% from baseline was present in 69% of treated wounds (n=18/26) at three years, 93% (n=14/15) at four years, 80% (n=12/15) at five years, and 80% (n=4/5) at six years. 
  • The results were shared at the Society for Pediatric Dermatology (SPD) 46th Annual Meeting.
  • The data also showed that pain was absent in all treated wounds that were evaluated at three years (n=26), four years (n=15), five years (n=15), and six years (n=5) of follow up, compared with the presence of pain at baseline in 53% (n=20/38) of treated wounds. 
  • A separate survey data showed that 76% of the treated wounds with 50% or greater healing were associated with improved pain scores, with 53% associated with "much/very much improved" pain scores.
  • EB-101 is an autologous, gene-corrected cell therapy currently investigated in Phase 3 VIITAL study to treat RDEB.
  • RDEB is a rare connective tissue disorder characterized by severe skin wounds that cause pain and can lead to systemic complications.
  • Price Action: ABEO shares are down 4.33% at $1.44 during the market session on the last check Wednesday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: BiotechNewsPenny StocksHealth CareGeneralBriefsgene therapyPhase 1 Trial