financetom
Business
financetom
/
Business
/
Abeona's Gene Therapy for Rare Eye Disease Selected for FDA Pilot Program
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Abeona's Gene Therapy for Rare Eye Disease Selected for FDA Pilot Program
Oct 13, 2025 8:02 AM

10:34 AM EDT, 10/13/2025 (MT Newswires) -- Abeona Therapeutics ( ABEO ) said Monday its experimental gene therapy ABO-503 was accepted into the US Food and Drug Administration' Rare Disease Endpoint Advancement Pilot Program, which aims to speed up development of treatments for rare conditions.

ABO-503 targets X-linked retinoschisis, a genetic eye disease that affects retinal structure and function. The therapy uses Abeona's AIM AAV204 delivery system to insert a working RS1 gene and has shown promising results in preclinical studies.

The company expects to complete key studies needed to file for FDA approval in H2 2026.

Abeona shares fell 2.6% in recent Monday trading.

Price: 5.22, Change: -0.14, Percent Change: -2.61

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Carlyle Group Pursues Sale of Cogentrix Energy
Market Chatter: Carlyle Group Pursues Sale of Cogentrix Energy
Jun 17, 2024
05:10 AM EDT, 06/17/2024 (MT Newswires) -- Carlyle Group ( CG ) is considering a sale of electric power company Cogentrix Energy, the Financial Times reported, citing unnamed people familiar with the matter. The private-equity firm is seeking to sell the company, which has stakes in 13 US natural gas power plants, at a valuation of as much as $3...
Market Chatter: Meta Platforms Facing Potential Charges for Alleged Violation of EU's Digital Markets Act
Market Chatter: Meta Platforms Facing Potential Charges for Alleged Violation of EU's Digital Markets Act
Jun 17, 2024
05:16 AM EDT, 06/17/2024 (MT Newswires) -- Meta Platforms ( META ) is facing a potential fine over its alleged violation of the European Union's Digital Markets Act or DMA, Reuters reported Friday, citing unnamed sources familiar with the matter. According to the report, sources said Meta's violation relates to its recent introduction of a subscription fee for an ad-free...
Berkshire Hathaway sells $39.8 mln of shares in China's BYD
Berkshire Hathaway sells $39.8 mln of shares in China's BYD
Jun 17, 2024
BEIJING, June 17 (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.3 million Hong Kong-listed shares of electric vehicle maker BYD for HK$310.5 million ($39.8 million), a stock exchange filing showed on Monday. The sale on June 11 lowered Berkshire's holdings in BYD's issued H-shares to 6.90% from 7.02%, the filing to the Hong Kong...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Jun 17, 2024
June 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** Australia's Macquarie Group ( MCQEF ) said that a consortium led by its asset management arm has agreed to divest a 37.5% stake in an offshore wind farm in the UK to Norges Bank Investment Management for about 330 million pounds...
Copyright 2023-2026 - www.financetom.com All Rights Reserved