Capricor climbs on Duchenne results
Californian biotech company Capricor Therapeutics (Nasdaq: CAPR) was trading 6% higher after 90 minutes of trading on Friday.
Markets were reacting to positive final data from the HOPE-2 trial using CAP-1002 to treat patients in advanced stages of Duchenne muscular dystrophy (DMD).
The trial met its primary efficacy endpoint of mid-level performance of upper limb, as well as various skeletal and cardiac endpoints, suggesting clinically relevant slowing of disease progression.
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