Capricor Trial Failure In Heart Disease Might Offer Another Opportunity [Seeking Alpha]
Capricor Therapeutics, Inc. (CAPR)
Last capricor therapeutics, inc. earnings: 3/18 04:01 pm
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US:NASDAQ Investor Relations:
capricor.com/investors
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Source: Seeking Alpha
Summary On Friday Capricor Therapeutics (NASDAQ: CAPR ) announced that it had failed a mid-stage trial using its cell therapy treatment on patients with heart attacks. The company suffered a huge setback and the stock tanked 62% on the failed results. Failed Phase 2 Trial The phase 2 trial that Caprictor Therapeutics ran was known as the ALLSTAR trial. It recruited a total of 142 patients that had experienced a major heart attack with residual cardiac function. The company stated that the trial had demonstrated a low probability of achieving the primary endpoint. Which is the reason why the shares crashed the way they did on Friday. The primary endpoint was to see a statistical significance over a 12-month period change percentage from baseline using an MRI. Patients were treated with cell therapy known as CAP-1002. The six month analysis p-value was concluded to be at p = 0.05 which is not statistically significant. With the stock falling 62% it knocked down the stock
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CAPR
News
- Capricor Therapeutics Inc (NASDAQ: CAPR) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $40.00 price target on the stock.MarketBeat
- Here's Why We're Not Too Worried About Capricor Therapeutics' (NASDAQ:CAPR) Cash Burn Situation [Yahoo! Finance]Yahoo! Finance
- Capricor Therapeutics Announces Positive Type-B Meeting with FDA for CAP-1002 Program for Duchenne Muscular Dystrophy [Yahoo! Finance]Yahoo! Finance
- Capricor Therapeutics Announces Positive Type-B Meeting with FDA for CAP-1002 Program for Duchenne Muscular DystrophyGlobeNewswire
- Edgewise gets EU orphan drug status for muscular dystrophy drug [Seeking Alpha]Seeking Alpha
CAPR
Earnings
- 2/29/24 - Beat
CAPR
Sec Filings
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- 4/1/24 - Form ARS
- CAPR's page on the SEC website