Abeona Therapeutics announces first patient treatment with FDA-approved ZEVASKYN, a gene therapy for recessive dystrophic epidermolysis bullosa.
Quiver AI Summary
Abeona Therapeutics Inc. announced the first commercial treatment of ZEVASKYN (prademagene zamikeracel), an innovative autologous gene therapy for wounds in patients with recessive dystrophic epidermolysis bullosa (RDEB). The treatment was administered at Lucile Packard Children’s Hospital in California, marking a significant milestone for the company. CEO Vish Seshadri expressed pride in this achievement and the growing support from Qualified Treatment Centers, with more patients scheduled for upcoming treatments. ZEVASKYN, the first of its kind for RDEB, aims to address the severe skin wounds associated with the disease by introducing a functioning collagen gene into the patient’s skin cells. While the therapy shows promise in healing and pain reduction, patients should be aware of potential side effects and safety concerns, including the risk of serious allergic reactions and cancer. For additional information on accessing ZEVASKYN and patient support, interested individuals are encouraged to contact Abeona Assist.
Potential Positives
- First commercial patient treatment of ZEVASKYN marks a significant milestone for Abeona Therapeutics, highlighting their leadership in innovative gene therapy solutions.
- ZEVASKYN is the first and only autologous cell sheet-based gene therapy specifically approved for treating wounds in patients with recessive dystrophic epidermolysis bullosa (RDEB), creating a unique position in the market.
- The launch of ZEVASKYN and the establishment of the Abeona Assist program show the company's commitment to supporting patients and families affected by RDEB, potentially enhancing their reputation and trust within the medical community.
Potential Negatives
- There is a potential risk that treatment with ZEVASKYN may contribute to the development of cancer, requiring lifelong monitoring for patients.
- The announcement highlights serious allergic reactions, including anaphylaxis, as possible side effects, which may deter patients from seeking treatment.
- The success of ZEVASKYN's commercialization hinges on meeting demand; any failure to manufacture sufficient batches could impact revenue and patient treatment accessibility.
FAQ
What is ZEVASKYN and its significance?
ZEVASKYN is an FDA-approved autologous gene therapy for treating wounds in patients with recessive dystrophic epidermolysis bullosa (RDEB).
Where was the first patient treatment of ZEVASKYN administered?
The first treatment with ZEVASKYN was administered at Lucile Packard Children’s Hospital Stanford in Palo Alto, CA.
What support services does Abeona Assist offer?
Abeona Assist provides personalized support, including financial assistance options and help with insurance benefits and logistics for eligible patients.
What causes recessive dystrophic epidermolysis bullosa (RDEB)?
RDEB is caused by a defect in both copies of the COL7A1 gene, leading to the inability to produce functional type VII collagen.
Are there any safety concerns associated with ZEVASKYN?
Yes, serious allergic reactions and potential cancer risks are associated with ZEVASKYN; lifelong monitoring is recommended for patients.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ABEO Insider Trading Activity
$ABEO insiders have traded $ABEO stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $ABEO stock by insiders over the last 6 months:
- VISHWAS SESHADRI (Chief Executive Officer) has made 0 purchases and 4 sales selling 113,943 shares for an estimated $642,752.
- JOSEPH WALTER VAZZANO (Chief Financial Officer) has made 0 purchases and 4 sales selling 50,948 shares for an estimated $317,862.
- BRENDAN M. O'MALLEY (SVP, Chief Legal Officer) has made 0 purchases and 3 sales selling 27,482 shares for an estimated $156,304.
- MARK ALVINO has made 0 purchases and 2 sales selling 28,093 shares for an estimated $147,836.
- CHRISTINE BERNI SILVERSTEIN sold 13,093 shares for an estimated $76,668
- FAITH L. CHARLES sold 10,738 shares for an estimated $62,878
- ERIC CROMBEZ sold 4,718 shares for an estimated $32,683
- DONALD A. WUCHTERL sold 5,176 shares for an estimated $30,147
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$ABEO Hedge Fund Activity
We have seen 57 institutional investors add shares of $ABEO stock to their portfolio, and 52 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ROSALIND ADVISORS, INC. removed 1,805,817 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $10,257,040
- CABLE CAR CAPITAL, LP added 1,200,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,336,000
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$ABEO Analyst Ratings
Wall Street analysts have issued reports on $ABEO in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 10/13/2025
- Oppenheimer issued a "Outperform" rating on 08/15/2025
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$ABEO Price Targets
Multiple analysts have issued price targets for $ABEO recently. We have seen 2 analysts offer price targets for $ABEO in the last 6 months, with a median target of $20.0.
Here are some recent targets:
- Raghuram Selvaraju from HC Wainwright & Co. set a target price of $20.0 on 10/13/2025
- Andreas Argyrides from Oppenheimer set a target price of $20.0 on 08/15/2025
Full Release
CLEVELAND, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Abeona Therapeutics Inc. (Nasdaq: ABEO) today announced the first commercial patient treatment with FDA-approved ZEVASKYN (prademagene zamikeracel), a first-of-its-kind, autologous gene therapy for treating wounds in adult and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB). ZEVASKYN was administered at Lucile Packard Children’s Hospital Stanford in Palo Alto, CA.
“Treating our first patient is a proud moment for Abeona and a testament to the tireless resolve of our team,” said Vish Seshadri, Chief Executive Officer of Abeona. “We are humbled to bring ZEVASKYN to the RDEB community and grateful to our growing network of Qualified Treatment Centers. Momentum is building, with additional patients already scheduled for treatment in the new year.”
Joyce Teng, MD, PhD, professor of dermatology at Stanford Medicine and chief of pediatric dermatology at Stanford Medicine Children’s Health, said, “We continually pursue new therapies to support patients enduring the lifelong pain and extensive wound care that RDEB demands, and work to provide care and hope to patients and families.”
For more information on how to access ZEVASKYN and learn about patient support services offered through Abeona Assist ® , Abeona’s comprehensive patient support program, visit www.abeonaassist.com , call 1-855-ABEONA-1 (1-855-223-6621) or email [email protected] . Abeona Assist offers personalized support, including helping eligible patients understand their insurance benefits and financial assistance options, and providing travel and logistical assistance.
About recessive dystrophic epidermolysis bullosa
Recessive dystrophic epidermolysis bullosa (RDEB), a rare blistering disorder without a cure, is characterized by severe skin wounds that cause pain and can lead to systemic complications impacting the length and quality of life. People with RDEB have a defect in both copies of the COL7A1 gene, leaving them unable to produce functioning type VII collagen, which is necessary to anchor the dermal and epidermal layers of the skin.
About ZEVASKYN ® (prademagene zamikeracel) gene-modified cellular sheets
ZEVASKYN is the first and only autologous cell sheet-based gene therapy for the treatment of wounds in adult and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB). RDEB is a severe skin disease caused by a defect in both copies of the COL7A1 gene resulting in the inability to produce functional type VII collagen. Without functional type VII collagen and anchoring fibrils, the skin is fragile and blisters easily, leading to wounds that continually open and close, or fail to heal altogether. Patients often have large open wounds that can lead to serious life-threatening complications. ZEVASKYN incorporates the functional type VII collagen-producing COL7A1 gene into a patient’s own skin cells, ex vivo, using a replication-incompetent retroviral vector to produce functional type VII collagen in treated wounds. ZEVASKYN has demonstrated clinically meaningful wound healing and pain reduction with a single surgical application. For more information, visit www.ZEVASKYN.com .
Indication
ZEVASKYN ® (prademagene zamikeracel) is an autologous cell sheet-based gene therapy indicated for the treatment of wounds in adult and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB).
Important Safety Information
- Serious allergic reactions to ZEVASKYN can occur. Patients should get medical help right away if they experience symptoms like itching, swelling, hives, difficulty breathing, runny nose, watery eyes, or nausea. In rare cases, a severe reaction called anaphylaxis may happen.
- There is a potential risk that treatment with ZEVASKYN may contribute to the development of cancer because of how the therapy works. Patients should be monitored for the rest of their lives to check for any signs of cancer.
- ZEVASKYN is made using human and animal materials. Although these materials are tested before use, the risk of passing on infections cannot be eliminated.
- The most common side effects are pain from the procedure and itching.
This is not a complete list of side effects. Patients should call their care team for medical advice about side effects. Side effects may be reported to Abeona at 1-844-888-2236 or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch .
See full Prescribing Information .
About Abeona Therapeutics
Abeona Therapeutics Inc. is a commercial-stage biopharmaceutical company developing cell and gene therapies for serious diseases. Abeona’s ZEVASKYN ® (prademagene zamikeracel) is the first and only autologous cell-based gene therapy for the treatment of wounds in adults and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB). The Company’s fully integrated cell and gene therapy cGMP manufacturing facility in Cleveland, Ohio serves as the manufacturing site for ZEVASKYN commercial production. The Company’s development portfolio features adeno-associated virus (AAV)-based gene therapies for ophthalmic diseases with high unmet medical need. Abeona’s novel, next-generation AAV capsids are being evaluated for a variety of devastating diseases. For more information, visit www.abeonatherapeutics.com .
ZEVASKYN ® , Abeona Assist ® , Abeona Therapeutics ® , and their related logos are trademarks of Abeona Therapeutics Inc.
Forward-Looking Statements
This press release contains certain statements that are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and that involve risks and uncertainties. We have attempted to identify forward-looking statements by such terminology as “may,” “will,” “believe,” “anticipate,” “expect,” “intend,” “potential,” and similar words and expressions (as well as other words or expressions referencing future events, conditions or circumstances), which constitute and are intended to identify forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, numerous risks and uncertainties, including but not limited to, our ability to successfully commercialize and market ZEVASKYN, including manufacturing sufficient batches of ZEVASKYN to meet demand; the therapeutic potential of ZEVASKYN; whether the unmet need and market opportunity for ZEVASKYN are consistent with the Company’s expectations; continued interest in our rare disease portfolio; our ability to enroll patients in clinical trials; the outcome of future meetings with and inspections by the FDA or other regulatory agencies, including those relating to preclinical programs and to the cGMP manufacturing of ZEVASKYN; the ability to achieve or obtain necessary regulatory approvals for our pre-clinical programs; the impact of any changes in the financial markets and global economic conditions, including those resulting from changes to U.S. trade policy, such as current or future tariffs; risks associated with data analysis and reporting; and other risks disclosed in the Company’s most recent Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise these forward-looking statements or to update them to reflect events or circumstances occurring after the date of this press release, whether as a result of new information, future developments or otherwise, except as required by the federal securities laws.