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Capricor Therapeutics Inc - CAPR STOCK NEWS

Welcome to our dedicated page for Capricor Therapeutics news (Ticker: CAPR), a resource for investors and traders seeking the latest updates and insights on Capricor Therapeutics stock.

Capricor Therapeutics Inc. (NASDAQ: CAPR) is a clinical-stage biotechnology company dedicated to the discovery, development, and commercialization of pioneering biological therapeutics for the treatment of rare disorders. With a significant focus on novel treatment methodologies, Capricor leverages an extensive body of scientific research to innovate in the biotech sector.

The company's lead candidate, CAP-1002, is an “off-the-shelf” cardiac cell therapy designed for the treatment of Duchenne Muscular Dystrophy (DMD). CAP-1002 is composed of allogeneic cardiosphere-derived cells (CDCs), a unique cell population known for its potent immunomodulatory properties. These properties help in altering the immune system's activity to stimulate cellular regeneration. The efficacy and safety of CDCs are well-documented, with over 100 peer-reviewed scientific publications and administration to around 140 human subjects across several clinical trials.

Capricor's development pipeline also includes CDC-Exosomes (CAP-2003) and an Exosome-mRNA vaccine. These innovative platforms underline the company's commitment to expanding its therapeutic reach beyond DMD, addressing multiple medical conditions.

The company has recently shared positive updates, such as the 24-month results from the HOPE-2 Open Label Extension Study of CAP-1002 for DMD, highlighting sustained benefits and safety. Additionally, Capricor has ongoing programs addressing the COVID-19 pandemic and exploring new frontiers in exosome-based therapies.

Financially, Capricor continues to achieve crucial milestones, effectively managing its resources to advance its clinical programs. Recent operational highlights include strategic corporate updates and anticipated milestones for the CAP-1002 Duchenne Muscular Dystrophy Program and Exosome Program. The company actively engages with the scientific community through presentations and conference calls, emphasizing transparency and keeping stakeholders informed.

Capricor’s partnerships and collaborations further strengthen its research and development efforts, paving the way for groundbreaking advancements in treating rare and debilitating diseases. The company remains a significant player in the biotechnology sector, committed to transforming innovative research into tangible, life-changing therapies.

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Capricor Therapeutics announces definitive agreements for the issuance and sale of 4,935,621 shares of common stock in a registered direct offering with an expected gross proceeds of approximately $23 million.
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Capricor Therapeutics receives positive FDA feedback on trial design and timeline for CAP-1002 in treating DMD, confirming path towards BLA submission. Company on track to complete HOPE-3 enrollment and report interim analysis in Q4 2023. Plans to submit BLA in 2025. Topline data expected in Q4 2024.
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Capricor Therapeutics appoints Michael Kelliher to its Board of Directors
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Capricor Therapeutics presented positive two-year data from their HOPE-2 open label extension study for CAP-1002 in patients with Duchenne Muscular Dystrophy (DMD). The results showed evidence of skeletal and cardiac functional improvements, supporting the potential long-term benefit of CAP-1002 treatment. They also held a clinical meeting with the FDA to discuss the results and the pathway towards a potential Biologics License Application (BLA) submission. Enrollment in their Phase 3 HOPE-3 trial is progressing well, with plans to complete enrollment and report interim analysis in Q4 2023. Capricor plans to submit data from the ongoing HOPE-2-OLE study at a medical meeting in Q4 2023. They completed construction of their San Diego GMP manufacturing facility and plan to have commercial-scale GMP CAP-1002 clinical doses available in Q3 2023. Capricor's cash position as of June 30, 2023, was approximately $37.8 million. They believe their available cash will be sufficient to cover expenses and capital requirements through Q3 2024.
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Capricor Therapeutics (NASDAQ: CAPR) will release its financial results for the second quarter ended June 30, 2023, after the market close on August 7, 2023. A webcast and conference call will be hosted at 4:30 p.m. ET on the same day.
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FAQ

What is the current stock price of Capricor Therapeutics (CAPR)?

The current stock price of Capricor Therapeutics (CAPR) is $13.07 as of December 20, 2024.

What is the market cap of Capricor Therapeutics (CAPR)?

The market cap of Capricor Therapeutics (CAPR) is approximately 577.5M.

What does Capricor Therapeutics Inc. specialize in?

Capricor specializes in the discovery, development, and commercialization of biological therapeutics for rare disorders.

What is CAP-1002?

CAP-1002 is an off-the-shelf cardiac cell therapy developed for the treatment of Duchenne Muscular Dystrophy (DMD).

What are cardiosphere-derived cells (CDCs)?

CDCs are a unique population of cells known for their immunomodulatory activity, which helps stimulate cellular regeneration.

What recent achievements has Capricor announced?

Recent achievements include positive 24-month results from the HOPE-2 Open Label Extension Study of CAP-1002 for DMD.

How many human subjects have received CAP-1002?

Approximately 140 human subjects have received CAP-1002 across several clinical trials.

What other programs does Capricor have in its pipeline?

Capricor's pipeline includes CDC-Exosomes (CAP-2003) and an Exosome-mRNA vaccine.

Does Capricor have a focus on COVID-19 treatments?

Yes, Capricor has ongoing programs addressing the COVID-19 pandemic.

What financial updates has Capricor recently provided?

Capricor has shared recent operational highlights, including strategic corporate updates and anticipated milestones.

How does Capricor engage with the scientific community?

Capricor actively engages through presentations, conference calls, and webcasts, keeping stakeholders informed.

What makes Capricor a significant player in the biotech sector?

Capricor's commitment to innovative research and development for rare diseases and its strategic partnerships make it a significant player.

Capricor Therapeutics Inc

Nasdaq:CAPR

CAPR Rankings

CAPR Stock Data

577.47M
37.86M
16.73%
18.52%
8.46%
Biotechnology
Pharmaceutical Preparations
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United States of America
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