Abeona Therapeutics (ABEO)

[barnstormer]

Correct, just orphan drug status approved. Prior poster evidently couldn't read beyond the headline, or was being deliberately deceptive.

Is it still big news? That's a matter or perception, although it doesn't seem to matter to those currently posting on the board. Sanfilippo Syndrome A and B are rare childhood diseases and the programs haven't progressed beyond animal testing to date. Human clinical testing isn't scheduled to start till later this year, so it's likely at least a couple of years away until PBTI could apply for FDA approval for people.

Does that justify this kind of excitement? Doubtful (IMO), but nothing seems to matter to those currently trading the stock except the action. Reminds me of watching a school of piranha's attaching a piece of bloody meat thrown in the water. Interesting to watch, but what happens once the meat is gone? They go to look for a new food source elsewhere.

Disclosure, watching but have no position in the stock.