Early HOPE-2 data throw Capricor a lifeline
Encouraging Phase II data doubled Capricor Therapeutics’ (Nasdaq: CAPR) share price on Monday, amid modest volumes of trade in New York.
An interim analysis of results six months into the HOPE-2 trial showed statistically-significant outcomes for lead Duchenne muscular dystrophy (DMD) candidate CAP-1002, across several clinical measures.
Capricor is working on first-in-class therapies using allogeneic cardiosphere-derived cells, or CDCs, which are thought to have therapeutic potential in modulating the immune system.
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