Brief: Abeona Therapeutics Reports Second Quarter 2023 Financial Results

Abeona Therapeutics

08/08/2023 13:33

Aug 8 (Reuters) - Abeona Therapeutics Inc  ABEO.O :
    * ABEONA THERAPEUTICS REPORTS SECOND QUARTER 2023 FINANCIAL
RESULTS
    * ON TRACK FOR BIOLOGICS LICENSE APPLICATION (BLA)
SUBMISSION IN
Q3 OF 2023
    * CASH ON HAND PLUS PROCEEDS FROM REGISTERED DIRECT OFFERING
PROJECTED TO FUND OPERATIONS INTO Q4 OF 2024
    * CASH, CASH EQUIVALENTS, RESTRICTED CASH AND SHORT-TERM
INVESTMENTS TOTALED $37.1 MILLION AS OF JUNE 30, 2023
    * QTRLY NET LOSS PER SHARE $0.92
    * Q2 EARNINGS PER SHARE VIEW $-0.68 -- REFINITIV IBES DATA

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