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Stock impact report

U.S. drug developer Capricor places Duchenne drug trial on hold [Reuters]

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: Reuters
U.S. drug developer Capricor places Duchenne drug trial on hold | Reuters 1 Min Read (Reuters) - Capricor Therapeutics Inc said on Wednesday it had put on hold a clinical trial of its drug to treat Duchenne muscular dystrophy (DMD), a muscle-wasting disorder, citing a safety review. The review follows a severe allergic reaction during infusion of the drug, the company said in a filing here . The patient responded well to medical treatment and is currently asymptomatic. The company has notified the U.S. Food and Drug Administration and is working with the agency on a mitigation plan, it said. The trial, named “HOPE-2”, was testing the company’s lead experimental drug CAP-1002, according to California-based Capricor’s website. DMD is a rare, genetic disorder that hampers muscle movement, mainly in men, affecting one in every 3,500 to 5,000 males. More than 90 percent of patients become wheelchair-bound by age 15. Reporting by Manas Mishra in Bengaluru; Editing by Anil D'Silva and Shinji Show less Read more
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