Capricor Therapeutics, Inc. ( (CAPR) ) has released its Q2 earnings. Here is a breakdown of the information Capricor Therapeutics, Inc. presented to its investors.
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Capricor Therapeutics, Inc. is a biotechnology company focused on developing innovative cell and exosome-based therapies for rare diseases, with a leading candidate aimed at treating Duchenne Muscular Dystrophy (DMD).
In its latest earnings report for the second quarter of 2025, Capricor Therapeutics highlighted key developments, including regulatory progress and financial results. The company is preparing for a critical Type A meeting with the FDA to discuss its Biologics License Application for Deramiocel, a promising therapy for Duchenne cardiomyopathy.
Key financial metrics revealed a net loss of approximately $25.9 million for the quarter, reflecting increased operating expenses compared to the previous year. Despite zero revenue in the quarter, Capricor maintains a strong cash position of $123 million, expected to support operations into late 2026. The company also announced the FDA’s clearance of its IND for the StealthX™ exosome-based vaccine, marking a significant step in its exosome platform’s clinical journey.
Strategically, Capricor is advancing its HOPE-3 Phase 3 clinical trial, with data expected in late 2025, which may bolster its BLA resubmission. The company is also expanding its neuromuscular strategy with the FDA granting Orphan Drug Designation for Deramiocel in Becker muscular dystrophy.
Looking forward, Capricor remains committed to advancing its therapeutic candidates and achieving regulatory milestones, with a focus on delivering transformative treatments for patients with rare diseases.