Capricor Therapeutics to Provide Duchenne Muscular Dystrophy Program Update on September 24, 2024
23 September 2024 - 11:25PM
Capricor Therapeutics (NASDAQ: CAPR), a biotechnology company
developing transformative cell and exosome-based therapeutics for
the treatment of rare diseases, today announced that it will host
an investor webcast on Tuesday, September 24, 2024 at 8:30 a.m. ET
to provide an update on its Duchenne muscular dystrophy (DMD)
program. The update will consist of the latest regulatory updates
following the Company’s recent meetings with the U.S. Food and Drug
Administration (FDA).
Webcast Details
Capricor will host a conference call and webcast
at 8:30 a.m. ET on Tuesday, September 24, 2024. To participate in
the conference call, please dial 1-800-717-1738
(domestic/toll-free) or 1-646-307-1865 (international) and
reference the conference ID: 62574. Participants can use guest
dial-in numbers above and be answered by an operator or click here
for instant telephone access. To participate via webcast, please
click here to view the slides. A replay of the webcast will be
available following the conclusion of the live broadcast and will
be accessible on the Company’s website.
About Capricor Therapeutics
Capricor Therapeutics, Inc. (NASDAQ: CAPR) is a
biotechnology company dedicated to advancing transformative cell
and exosome-based therapeutics to redefine the treatment landscape
for rare diseases. At the forefront of our innovation is our lead
product candidate, deramiocel (CAP-1002), an allogeneic
cardiac-derived cell therapy. Extensive preclinical and clinical
studies have shown deramiocel to demonstrate immunomodulatory,
antifibrotic, and regenerative actions specifically tailored for
dystrophinopathies and heart disease. Deramiocel is currently
advancing through Phase 3 clinical development for the treatment of
Duchenne muscular dystrophy. Capricor is also harnessing the power
of its exosome technology, using its proprietary StealthX™ platform
in preclinical development focused on the areas of vaccinology,
targeted delivery of oligonucleotides, proteins and small molecule
therapeutics to potentially treat and prevent a diverse array of
diseases. At Capricor, we stand committed to pushing the boundaries
of possibility and forging a path toward transformative treatments
for those in need. For more information, visit capricor.com,
and follow Capricor
on Facebook, Instagram and Twitter.
Cautionary Note Regarding
Forward-Looking Statements
Statements in this press release regarding the
efficacy, safety, and intended utilization of Capricor’s product
candidates; the initiation, conduct, size, timing and results of
discovery efforts and clinical trials; the pace of enrollment of
clinical trials; plans regarding regulatory filings, future
research and clinical trials; regulatory developments involving
products, including the ability to obtain regulatory approvals or
otherwise bring products to market; manufacturing capabilities;
dates for regulatory meetings; statements about our financial
outlook; the ability to achieve product milestones and to receive
milestone payments from commercial partners; plans regarding
current and future collaborative activities and the ownership of
commercial rights; potential future agreements; scope, duration,
validity and enforceability of intellectual property rights; future
revenue streams and projections; expectations with respect to the
expected use of proceeds from the recently completed offerings and
the anticipated effects of the offerings; and any other statements
about Capricor’s management team’s future expectations, beliefs,
goals, plans or prospects constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Any statements that are not statements of historical fact
(including statements containing the words “believes,” “plans,”
“could,” “anticipates,” “expects,” “estimates,” “should,” “target,”
“will,” “would” and similar expressions) should also be considered
to be forward-looking statements. There are a number of important
factors that could cause actual results or events to differ
materially from those indicated by such forward-looking statements.
More information about these and other risks that may impact
Capricor’s business is set forth in Capricor’s Annual Report on
Form 10-K for the year ended December 31, 2023, as filed with the
Securities and Exchange Commission on March 11, 2024, and in our
Quarterly Report on Form 10-Q for the quarter ended June 30, 2024,
as filed with the Securities and Exchange Commission on August 8,
2024. All forward-looking statements in this press release are
based on information available to Capricor as of the date hereof,
and Capricor assumes no obligation to update these forward-looking
statements.
Capricor has entered into an agreement for
the exclusive commercialization and distribution of deramiocel
(CAP-1002) for DMD in the United States and Japan with Nippon
Shinyaku Co., Ltd. (U.S. subsidiary: NS Pharma, Inc.), subject
to regulatory approval. Deramiocel is an Investigational New Drug
and is not approved for any indications. None of Capricor’s
exosome-based candidates have been approved for clinical
investigation.
For more information, please
contact:
Capricor Media Contact:Raquel ConaKCSA
Strategic Communications rcona@kcsa.com212.896.1204
Capricor Company Contact:AJ
Bergmann, Chief Financial Officerabergmann@capricor.com
858.727.1755
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