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Benzinga
39 days

Capricor's Lead Duchenne Therapy Hits FDA Regulatory Roadblock

1. CAPR received a Complete Response Letter from the FDA for Deramiocel. 2. FDA requires more clinical data to support the Biologics License Application. 3. Capricor plans to submit Phase 3 data from the HOPE-3 trial in 2025. 4. CAPR stock is down 37.4%, trading at $7.14 during premarket. 5. CEO expresses surprise at FDA's decision despite prior guidance followed.

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FAQ

Why Very Bearish?

The FDA's CRL indicates significant setbacks for CAPR. Historical examples show similar circumstances often lead to prolonged stock declines.

How important is it?

The article describes critical FDA actions that could heavily influence CAPR's future performance.

Why Long Term?

CAPR needs to address FDA concerns, which could delay potential approval and revenue significantly.

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