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Capricor's lead product candidate shows treatment effect in DMD patients with heart disease; shares ahead 22% premarket [Seeking Alpha]

CAPRICOR THERAPEUTICS (CAPR)  More Company Research Source: Seeking Alpha
Last capricor therapeutics earnings: 8/9 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: capricor.com/investors
PDF Thinly traded nano cap Capricor Therapeutics (NASDAQ: CAPR ) is up   premarket, albeit on only 7,000 shares, in response to its announcement of encouraging six-month results in a Phase 1/2 clinical trial, HOPE, evaluating lead product candidate CAP-1002 in Duchenne muscular dystrophy (DMD) patients at least 12 years old with heart disease secondary to DMD. HOPE randomized 25 subjects to receive either a single dose of CAP-1002 (n=13) or usual care (n=12). Patients in the test group experienced a statistically significant improvement in systolic thickening of the inferior wall of the heart (p=0.030) and in the function of the middle and distal upper limb (p=0.045). Differences in several other cardiac and skeletal muscle metrics that support a treatment effect were also observed. CAP-1002 was generally well-tolerated. Top-line 12-month results should be available in Q4. The company intends to meet with the FDA to discuss a regulatory path to approval, specifically one of [Read more]

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