Capricor Therapeutics Inc Stock Price, News & Analysis

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.

Capricor Therapeutics (NASDAQ: CAPR) has initiated the pivotal Phase 3 HOPE-3 clinical trial for CAP-1002, targeting patients with late-stage Duchenne Muscular Dystrophy (DMD). Positive results from the HOPE-2 open label extension study showcase significant improvements in muscle function. The company is pursuing FDA discussions for CAP-1002's development. Financially, Capricor reported a net loss of $7.1 million for Q2 2022, but has sufficient cash to fund operations into Q2 2024. A partnership with Nippon Shinyaku supports HOPE-3 with a $30 million upfront payment.