Capricor Therapeutics Inc Stock Price, News & Analysis

Capricor Therapeutics (NASDAQ: CAPR) announced that its HOPE-2 trial for Duchenne muscular dystrophy using lead asset CAP-1002 has received the 2023 Top Ten Clinical Research Achievement Award from the Clinical Research Forum. This recognition highlights significant advancements in clinical research and underscores the promising results from the trial. Dr. Linda Marbán, CEO of Capricor, emphasized the commitment to bringing CAP-1002 closer to market. The award ceremony is scheduled for April 17, 2023, in Washington, D.C. DMD affects approximately 200,000 boys and young men globally, with limited treatment options available.

Capricor Therapeutics (NASDAQ: CAPR) has expanded its partnership with Nippon Shinyaku for the exclusive commercialization of CAP-1002 in Japan, targeting Duchenne muscular dystrophy (DMD). The agreement includes a $12 million upfront payment and potential milestone payments of up to $89 million, along with a double-digit percentage of product sales. Capricor remains responsible for clinical development, while Nippon Shinyaku will handle distribution upon approval. CAP-1002 has demonstrated clinical benefits for cardiac and skeletal muscle myopathy, underscoring its potential as an anchor therapy for DMD patients.

Capricor Therapeutics (NASDAQ: CAPR) announced positive 18-month results from its HOPE-2 open label extension study, showcasing significant improvements in the Performance of the Upper Limb (PUL 2.0) scale (p=0.02) for patients with Duchenne muscular dystrophy (DMD). The study indicated potential disease modification, with both original treatment and placebo groups experiencing slowed disease progression once treatment commenced. A total of 12 patients completed the follow-up, with CAP-1002 maintaining a consistent safety profile. Capricor is conducting a pivotal Phase 3 trial (HOPE-3) and aims for regulatory approval of CAP-1002 for DMD treatment.

Capricor Therapeutics (NASDAQ: CAPR) will present 18-month data from its ongoing HOPE-2 open-label trial for CAP-1002, targeting Duchenne muscular dystrophy (DMD). The webinar is scheduled for January 25, 2023, at 1:00 p.m. ET, in collaboration with Parent Project Muscular Dystrophy (PPMD). CAP-1002 is a cardiac-derived cell therapy currently in late-stage clinical trials for DMD treatment. This presentation aims to share significant findings and ongoing research developments. A replay will be available on PPMD's website. For further details, visit www.parentprojectmd.org.

Capricor Therapeutics announced promising results from its StealthX™ exosome platform, demonstrating the ability to induce long-lasting immunity against multiple SARS-CoV-2 proteins. The preclinical study published in bioRxiv highlights the potential of two vaccine candidates-STX-S and STX-N-to generate a strong immune response with minimal protein dosage, eliminating the need for adjuvants. This development supports the viability of StealthX™ as a versatile vaccine platform, enhancing prospects for future therapies against infectious diseases.

Capricor Therapeutics (NASDAQ: CAPR) reported progress in the HOPE-3 Phase 3 clinical trial of CAP-1002 for Duchenne Muscular Dystrophy (DMD), alongside significant one-year results from the HOPE-2 study showing improved muscle function. The third-quarter financials reveal revenues of $1.6 million, driven by a $30 million payment from Nippon Shinyaku, while net loss increased to $6.4 million. With cash reserves of $46.6 million, Capricor anticipates funding through Q2 2024. The company is also advancing its StealthX™ platform for COVID-19 vaccines and exploring global partnerships.

Capricor Therapeutics (NASDAQ: CAPR) will announce its third-quarter financial results for the period ending September 30, 2022, after market close on November 10, 2022. Following the release, management will hold a webcast and conference call at 4:30 p.m. ET. The company is focused on developing innovative cell and exosome-based therapeutics for various diseases, with its lead candidate, CAP-1002, in late-stage clinical development for Duchenne muscular dystrophy.

Capricor Therapeutics (NASDAQ: CAPR) announced the presentation of one-year safety and efficacy results from its HOPE-2 open-label extension study for CAP-1002, targeting Duchenne muscular dystrophy (DMD). The findings will be showcased during the World Muscle Society Congress from October 11-15, 2022, in Halifax, Canada. Linda Marbán, CEO, expressed pride in sharing this data to enhance awareness of DMD. The study's poster presentation is scheduled for October 14, 2022, highlighting a new treatment approach for muscle pathogenesis.

Capricor Therapeutics (NASDAQ: CAPR) announced its participation in upcoming investor conferences in September 2022. The company will present at the H.C. Wainwright 24th Annual Global Investment Conference on September 13, 2022, from 1:30 - 2:00 p.m. ET, which includes a presentation and one-on-one meetings. Additionally, Capricor will be featured in a panel at the Cantor Fitzgerald Cell & Genetics Medicines Conference on September 15, 2022. The events will be accessible via webcast, with presentations archived on Capricor's website.