# EDGAR Filing Document

**Accession Number:** 0000318306
**File Stem:** 0001193805-23-000140
**Filing Date:** 2023-2
**Character Count:** 29342
**Document Hash:** d4ef6c2f6f57d318192d469a214b275b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193805-23-000140.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001193805-23-000140

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**GROUP MEMBERS**: DEERFIELD MANAGEMENT COMPANY, L.P.

**GROUP MEMBERS**: DEERFIELD MGMT, L.P.

**GROUP MEMBERS**: DEERFIELD PARTNERS, L.P.

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ABEONA THERAPEUTICS INC.
- **CENTRAL INDEX KEY:** 0000318306
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHARMACEUTICAL PREPARATIONS [2834]
- **IRS NUMBER:** 830221517
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-33655
- **FILM NUMBER:** 23609030

**BUSINESS ADDRESS:**
- **STREET 1:** 1330 AVENUE OF THE AMERICAS, 33RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 646-813-4701

**MAIL ADDRESS:**
- **STREET 1:** 1330 AVENUE OF THE AMERICAS, 33RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PLASMATECH BIOPHARMACEUTICALS INC
- **DATE OF NAME CHANGE:** 20140922

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ACCESS PHARMACEUTICALS INC
- **DATE OF NAME CHANGE:** 19960209

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CHEMEX PHARMACEUTICALS INC
- **DATE OF NAME CHANGE:** 19920703
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Flynn James E
- **CENTRAL INDEX KEY:** 0001352546

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** 780 THIRD AVENUE
- **STREET 2:** 37TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

**SCHEDULE 13G**

**(Rule 13d-102)**

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(Amendment No. 1) \*

Abeona Therapeutics, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

00289Y206

(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

(Page 1 of 9 Pages)

----------

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 00289Y206 13G Page 2 of 9

---

| | | | |
|:---|:---|:---|:---|
| 1. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Mgmt, L.P. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Mgmt, L.P. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Mgmt, L.P. |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\* | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\* | (a) ☐<br> (b) ☒ |
| 3. | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 5. | SOLE VOTING POWER<br>0 |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 6. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SHARED VOTING POWER<br>1,739,130 (1)<br>|  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 7.<br>| SOLE DISPOSITIVE POWER<br>0 |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 8.<br>| SHARED DISPOSITIVE POWER<br>1,739,130 (1) |  |
| 9.<br>| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (1) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (1) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (1) |
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES\* | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES\* | ☐ |
| 11.<br>| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% |
| 12. | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN |

---

__________________

(1) Comprised of (i) 869,565 shares of common stock and (ii) 869,565 shares of common stock issuable upon exercise of warrants (subject to any further adjustments that may be applicable) held by Deerfield Partners, L.P., of which Deerfield Mgmt, L.P. is the general partner. The provisions of the warrants beneficially owned by the reporting person restrict the exercise of such securities to the extent that after such exercise the holder and its Attribution Parties (as defined in the warrants) would beneficially own in excess of 4.99% of the total number of shares of the Issuer then outstanding (the "Ownership Cap"). Accordingly, notwithstanding the number of shares reported, the reporting person disclaims beneficial ownership of the shares of common stock issuable upon exercise of such warrants to the extent that upon such exercise the number of shares beneficially owned by all reporting persons hereunder, in the aggregate, would exceed the Ownership Cap.

CUSIP No. 00289Y206 13G Page 3 of 9

---

| | | | |
|:---|:---|:---|:---|
| 1. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Management Company, L.P. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Management Company, L.P. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Management Company, L.P. |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\* | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\* | (a) ☐<br> (b) ☒ |
| 3. | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 5. | SOLE VOTING POWER<br>0 |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 6. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SHARED VOTING POWER<br>1,739,130 (2)<br>|  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 7.<br>| SOLE DISPOSITIVE POWER<br>0 |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 8.<br>| SHARED DISPOSITIVE POWER<br>1,739,130 (2) |  |
| 9.<br>| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (2) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (2) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (2) |
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES\* | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES\* | ☐ |
| 11.<br>| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% |
| 12. | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN | TYPE OF REPORTING PERSON\*<br>PN |

---

__________________

(2) Comprised of (i) 869,565 shares of common stock and (ii) 869,565 shares of common stock issuable upon exercise of warrants (subject to any further adjustments that may be applicable) held by Deerfield Partners, L.P., of which Deerfield Management Company, L.P. is the investment advisor. The provisions of the warrants beneficially owned by the reporting person restrict the exercise of such securities to the extent that after such exercise the holder and its Attribution Parties (as defined in the warrants) would beneficially own in excess of 4.99% of the total number of shares of the Issuer then outstanding (the "Ownership Cap"). Accordingly, notwithstanding the number of shares reported, the reporting person disclaims beneficial ownership of the shares of common stock issuable upon exercise of such warrants to the extent that upon such exercise the number of shares beneficially owned by all reporting persons hereunder, in the aggregate, would exceed the Ownership Cap.

CUSIP No. 00289Y206 13G Page 4 of 9

---

| | | | |
|:---|:---|:---|:---|
| 1. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Partners, L.P. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Partners, L.P. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>Deerfield Partners, L.P. |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\* | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\* | (a) ☐<br> (b) ☒ |
| 3. | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 5. | SOLE VOTING POWER<br>0 |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 6. | SHARED VOTING POWER<br>1,739,130 (3)<br>|  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 7.<br>| SOLE DISPOSITIVE POWER<br>0 |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 8.<br>| SHARED DISPOSITIVE POWER<br>1,739,130 (3) |  |
| 9.<br>| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (3) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (3) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (3) |
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES\* | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES\* | ☐ |
| 11.<br>| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% |
| 12. | TYPE OF REPORTING PERSON\*<br>PN  | TYPE OF REPORTING PERSON\*<br>PN  | TYPE OF REPORTING PERSON\*<br>PN  |

---

_________________

(3) Comprised of (i) 869,565 shares of common stock and (ii) 869,565 shares of common stock issuable upon exercise of warrants (subject to any further adjustments that may be applicable). The provisions of the warrants beneficially owned by the reporting person restrict the exercise of such securities to the extent that after such exercise the holder and its Attribution Parties (as defined in the warrants) would beneficially own in excess of 4.99% of the total number of shares of the Issuer then outstanding (the "Ownership Cap"). Accordingly, notwithstanding the number of shares reported, the reporting person disclaims beneficial ownership of the shares of common stock issuable upon exercise of such warrants to the extent that upon such exercise the number of shares beneficially owned by all reporting persons hereunder, in the aggregate, would exceed the Ownership Cap.

CUSIP No. 00289Y206 13G Page 5 of 9

---

| | | | |
|:---|:---|:---|:---|
| 1. | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>James E. Flynn | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>James E. Flynn | NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)<br>James E. Flynn |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\* | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP\* | (a) ☐<br> (b) ☒ |
| 3. | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION<br>United States | CITIZENSHIP OR PLACE OF ORGANIZATION<br>United States | CITIZENSHIP OR PLACE OF ORGANIZATION<br>United States |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 5. | SOLE VOTING POWER<br>0 |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 6. | SHARED VOTING POWER<br>1,739,130 (4) |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 7.<br>| SOLE DISPOSITIVE POWER<br>0 |  |
| <br>NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 8.<br>| SHARED DISPOSITIVE POWER<br>1,739,130 (4) |  |
| 9.<br>| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (4) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (4) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,739,130 (4) |
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES\* | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES\* | ☐ |
| 11.<br>| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>5.06% |
| 12. | TYPE OF REPORTING PERSON\*<br>IN | TYPE OF REPORTING PERSON\*<br>IN | TYPE OF REPORTING PERSON\*<br>IN |

---

__________________

(4) Comprised of (i) 869,565 shares of common stock and (ii) 869,565 shares of common stock issuable upon exercise of warrants (subject to any further adjustments that may be applicable) held by Deerfield Partners, L.P. The provisions of the warrants beneficially owned by the reporting person restrict the exercise of such securities to the extent that after such exercise the holder and its Attribution Parties (as defined in the warrants) would beneficially own in excess of 4.99% of the total number of shares of the Issuer then outstanding (the "Ownership Cap"). Accordingly, notwithstanding the number of shares reported, the reporting person disclaims beneficial ownership of the shares of common stock issuable upon exercise of such warrants to the extent that upon such exercise the number of shares beneficially owned by all reporting persons hereunder, in the aggregate, would exceed the Ownership Cap.

CUSIP No. 00289Y206 13G Page 6 of 9

---

| | |
|:---|:---|
| Item 1(a). | Name of Issuer: |
|  | Abeona Therapeutics, Inc. |
| Item 1(b). | Address of Issuer's Principal Executive Offices: |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1330 Avenue of the Americas, 3rd Floor<br>New York, NY 10019 |
| Item 2(a). | Name of Person Filing: |
|  | James E. Flynn, Deerfield Mgmt, L.P., Deerfield Management Company, L.P. and Deerfield Partners, L.P. |
| Item 2(b). | Address of Principal Business Office, or if None, Residence: |
|  | James E. Flynn, Deerfield Mgmt, L.P., Deerfield Management Company, L.P. and Deerfield Partners, L.P., 345 Park Avenue South, 12th Floor, New York, NY 10010 |
| Item 2(c). | Citizenship: |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Deerfield Mgmt, L.P., Deerfield Management Company, L.P. and Deerfield Partners, L.P. - Delaware limited partnerships;<br>James E. Flynn – United States citizen  |
| Item 2(d). | Title of Class of Securities: |
|  | Common Stock, par value $0.01 per share |
| Item 2(e). | CUSIP Number: |
|  | 00289Y206 |
| Item 3. | If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) | Broker or dealer registered under Section 15 of the Exchange Act. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | Bank as defined in Section 3(a)(6) of the Exchange Act. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) | Insurance company as defined in Section 3(a)(19) of the Exchange Act. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) | Investment company registered under Section 8 of the Investment Company Act. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |

---

&nbsp;&nbsp;&nbsp;&nbsp;(g) ☐ A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);

&nbsp;&nbsp;&nbsp;&nbsp;(h) ☐ A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act;

&nbsp;&nbsp;&nbsp;&nbsp;(i) ☐ A church plan that is excluded from the definition
of an investment company under Section 3(c)(14) of the Investment Company Act;

CUSIP No. 00289Y206 13G Page 7 of 9

&nbsp;&nbsp;&nbsp;&nbsp;(j) ☐ A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);

&nbsp;&nbsp;&nbsp;&nbsp;(k) ☐ Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: _________________

---

| | | |
|:---|:---|:---|
| Item 4. | Ownership. | Ownership. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) | Amount beneficially owned\*\*: |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Deerfield Mgmt, L.P. – 1,739,130 shares<br> Deerfield Management Company, L.P. - 1,739,130 shares<br> Deerfield Partners, L.P. - 1,739,130 shares<br> James E. Flynn – 1,739,130 shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Deerfield Mgmt, L.P. – 1,739,130 shares<br> Deerfield Management Company, L.P. - 1,739,130 shares<br> Deerfield Partners, L.P. - 1,739,130 shares<br> James E. Flynn – 1,739,130 shares |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | Percent of class\*\*: |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deerfield Mgmt, L.P. – 5.06%<br> Deerfield Management Company, L.P. – 5.06%<br> Deerfield Partners, L.P. – 5.06%<br> James E. Flynn – 5.06%  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deerfield Mgmt, L.P. – 5.06%<br> Deerfield Management Company, L.P. – 5.06%<br> Deerfield Partners, L.P. – 5.06%<br> James E. Flynn – 5.06%  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) | Number of shares as to which such person has\*\*: |  |
| (i) | Sole power to vote or to direct the vote: | All Reporting Persons - 0 |
| (ii) | Shared power to vote or to direct the vote: | <br>Deerfield Mgmt, L.P. - 1,739,130<br> Deerfield Management Company, L.P. - 1,739,130<br> Deerfield Partners, L.P. - 1,739,130<br> James E. Flynn – 1,739,130<br>|
| (iii) | Sole power to dispose or to direct the disposition of: | All Reporting Persons - 0 |
| (iv) | Shared power to dispose or to direct the disposition of: | Deerfield Mgmt, L.P. - 1,739,130<br> Deerfield Management Company, L.P. - 1,739,130<br> Deerfield Partners, L.P. - 1,739,130<br> James E. Flynn – 1,739,130 |

---

\*\*See footnotes on cover pages which are incorporated by reference herein.

CUSIP No. 00289Y206 13G Page 8 of 9

---

| | |
|:---|:---|
| Item 5. | Ownership of Five Percent or Less of a Class.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following ☐. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following ☐. |
| Item 6. | Ownership of More Than Five Percent on Behalf of Another Person.<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. |
|  | N/A |
| Item 7. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. <br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. |
|  | N/A |
| Item 8. | Identification and Classification of Members of the Group. <br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the identity of each member of the group. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the identity of each member of the group. |
|  | See Exhibit B |
| Item 9. | Notice of Dissolution of Group. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. |
|  | N/A |
| Item 10. | Certifications. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>"By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a–11." | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>"By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a–11." |

---

CUSIP No. 00289Y206 13G Page 9 of 9

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DEERFIELD MGMT, L.P.

By: J.E. Flynn Capital, LLC, General Partner

By: <u>/s/ Jonathan Isler</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jonathan Isler, Attorney-In-Fact

DEERFIELD MANAGEMENT COMPANY, L.P.

By: Flynn Management LLC, General Partner

By: <u>/s/ Jonathan Isler</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jonathan Isler, Attorney-In-Fact

DEERFIELD PARTNERS, L.P.

By: Deerfield Mgmt, L.P., General Partner

By: J.E. Flynn Capital, LLC, General Partner

By: <u>/s/ Jonathan Isler</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jonathan Isler, Attorney-In-Fact

JAMES E. FLYNN

<u>/s/ Jonathan Isler</u>

Jonathan Isler, Attorney-In-Fact

Date: February 10, 2023

Exhibit List

Exhibit A. Joint Filing Agreement.

Exhibit B. Item 8 Statement.

Exhibit C. Power of Attorney (1).

(1) Power of Attorney previously filed as Exhibit 24 to a Form 4 with regard to DA32 Life Science Tech Acquisition Corp. filed with the Securities and Exchange Commission on August 3, 2021 by Deerfield Partners, L.P., Deerfield Mgmt, L.P., Deerfield Management Company, L.P. and James E. Flynn.

Exhibit A

Joint Filing Agreement

The undersigned agree that this Schedule 13G, and all amendments thereto, relating to the Common Stock, par value $0.001 per share, of Abeona Therapeutics, Inc. shall be filed on behalf of the undersigned.

DEERFIELD MGMT, L.P.

By: J.E. Flynn Capital, LLC, General Partner

By: <u>/s/ Jonathan Isler</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jonathan Isler, Attorney-In-Fact

DEERFIELD MANAGEMENT COMPANY, L.P.

By: Flynn Management LLC, General Partner

By: <u>/s/ Jonathan Isler</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jonathan Isler, Attorney-In-Fact

DEERFIELD PARTNERS, L.P.

By: Deerfield Mgmt, L.P., General Partner

By: J.E. Flynn Capital, LLC, General Partner

By: <u>/s/ Jonathan Isler</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jonathan Isler, Attorney-In-Fact

JAMES E. FLYNN

<u>/s/ Jonathan Isler</u>

Jonathan Isler, Attorney-In-Fact

Exhibit B

Due to the relationships between them, the reporting persons hereunder may be deemed to constitute a "group" with one another for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.