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0.0250421694563384 0.0185545607888932 -0.00739587388088755 -0.0592318671337744 -0.026858699883223 -0.0722719605553393 -0.0917347865576748 -0.0787595692227844
Stock impact report

Capricor's DMD candidate nabs Rare Pediatric Disease Designation from FDA; shares ahead 115% [Seeking Alpha]

Capricor Therapeutics, Inc. (CAPR) 
Last capricor therapeutics, inc. earnings: 3/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: capricor.com/investors
Company Research Source: Seeking Alpha
Thinly traded nano cap Capricor Therapeutics ( CAPR ) rockets up on a whopping 60x surge in volume in response to the news that the FDA has granted Rare Pediatric Disease Designation to lead product candidate CAP-1002 for the treatment of Duchenne muscular dystrophy (DMD). The main benefit of the designation is the awarding of a Priority Review Voucher if the product is approved. The voucher can be used for accelerated review for a another product candidate or it can be sold to a third party. A registration study is on tap for H2. 12-month data from the Phase 1/2 HOPE study should be available in Q4. CAP-1002  is an investigational allogeneic, off-the-shelf cardiac cell therapy derived from donor heart tissue and infused directly into the patients coronary artery via a catheter. It is currently being evaluated for the treatment of heart disease associated with Duchenne muscular dystrophy and myocardial infarction (heart attack). Now read: 3 Things In Biotech Yo Show less Read more
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