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Capricor Therapeutics Inc
F:4LN2

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Capricor Therapeutics Inc
F:4LN2
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Price: 27.29 EUR -2.54%
Market Cap: €872.7m

Capricor Therapeutics Inc
Investor Relations

Capricor Therapeutics is a biotechnology company that develops cell-based medicines for serious diseases, with a main focus on heart and muscle disorders. Its lead program is deramiocel, an allogeneic cardiosphere-derived cell therapy being studied for Duchenne muscular dystrophy, a genetic disease that weakens muscles over time. The company also works on exosome-based therapies, which use tiny particles released by cells as a way to deliver treatment signals. The company does not sell a broad range of drugs. It earns money mainly through research and development funding, collaboration payments, and, if its programs succeed, potential future product sales or licensing deals. Its main customers are not typical consumers; they are regulators, research partners, doctors, hospitals, and eventually patients and payers if a therapy reaches the market. What makes Capricor different is that it sits very early in the drug-development chain and focuses on hard-to-treat rare diseases where standard medicines often do not help enough. Instead of making mass-market pills, it is building specialized biologic treatments that must be tested, approved, and then delivered through clinical and medical channels.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 12, 2026
AI Summary
Q4 2025

PDUFA date: FDA accepted Capricor's BLA for Deramiocel and set a PDUFA target action date of August 22, 2026.

Clinical data: HOPE-3 (n=106) met its primary endpoint (performance of the upper limb) and Type 1 error–controlled secondaries; LV ejection fraction showed a 91% slowing of disease progression overall and stronger effect in patients with cardiomyopathy (p=0.01).

Safety: Deramiocel has a consistent safety profile across >800 intravenous infusions and >100 patients in open‑label extension (some receiving continuous infusions up to 5 years).

Manufacturing capacity: Current San Diego facility can support ~250 patients/year (with stockpiling plan); planned expansion to add ~6 clean rooms to support ~2,500 patients/year (~10,000 doses) with that expansion expected online in late 2027.

Commercial readiness & strategy: Company is building a commercial organization (market access, reimbursement, patient support) and plans to transition open‑label patients to commercial supply; aiming to prepare for broad label consistent with data (skeletal and cardiac benefit).

Balance sheet: Cash, cash equivalents and marketable securities were approximately $318.1 million as of December 31, 2025 (cash believed sufficient to fund operations into Q4 2027; does not assume PRV sale or product revenue).

Key Financials
PDUFA target action date
August 22, 2026
Cash, cash equivalents and marketable securities
$318.1 million
Net proceeds from December 2025 offering
$162 million
ATM program drawdown
$75 million
Revenue (Q4 2025)
$0
Revenue (Full year 2025)
$0
Total operating expenses (full year 2025)
$108.1 million
Net loss (Q4 2025)
$30.2 million (approx.)
Net loss (Full year 2025)
$105 million (approx.)
HOPE-3 enrollment
106 patients
Deramiocel infusions completed
More than 800 intravenous infusions
Open‑label extension patients on product
Over 100 patients
Current manufacturing capacity (San Diego)
Approximately 250 patients per year
Planned expanded capacity (same facility expansion)
Approximately 2,500 patients per year (~10,000 doses annually)
DVA (Duchenne Video Assessment) sample size
About 50 patients in Deramiocel group and 50 in placebo group
Earnings Call Recording
Other Earnings Calls

Management

Dr. Frank Isaac Litvack FACC, M.D.
Executive Chairman of the Board
No Bio Available
Dr. Linda Marbán Ph.D.
Co-Founder, President, CEO & Director
No Bio Available
Mr. Anthony J. Bergmann M.B.A.
CFO & Corporate Treasurer
No Bio Available
Ms. Karen G. Krasney
Executive VP, General Counsel & Secretary
No Bio Available
Dr. Kristi A. H. Elliott Ph.D.
Chief Science Officer
No Bio Available
Catherine Lee Kelleher
Consultant
No Bio Available

Contacts

Address
CALIFORNIA
Beverly Hills
8840 Wilshire Blvd Fl 2
Contacts
+13103583200.0
capricor.com
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