FDA puts the brakes on a rare disease biotech’s PhIII as regulators wait for an update — shares crumble

FDA puts the brakes on a rare disease biotech’s PhIII as regulators wait for an update — shares crumble

Source: 
Endpoints
snippet: 

Little Abeona Therapeutics $ABEO is back in trouble this morning.

The biotech reported that the FDA is slamming the brakes on their Phase III study of EB-101 for rare cases of recessive dystrophic epidermolysis bullosa, which is characterized by fragile skin that blisters quickly.