Duchenne muscular dystrophy is a genetic disorder characterized by progressive muscle degeneration and weakness. It is caused by an absence of dystrophin, a protein that helps keep muscle cells intact.
Shares of Capricor Therapeutics, Inc. (Nasdaq:CAPR) climbed more than 15% in the extended session Monday after the company said that it plans to announce top-line data from a safety and exploratory efficacy analysis of six-month data from the randomized 12-month Phase I/II HOPE Clinical Trial evaluating its investigational candidate CAP-1002 (allogeneic cardiosphere-derived cells) in Duchenne muscular dystrophy patients.
The clinical-stage biotechnology company will host a conference call and webcast ( www.wsw.com/webcast/cc/capr ) with slides on Tuesday, April 25, 2017, at 8:00 a.m. Eastern Time to discuss the top-line clinical trial results.
Capricor Therapeutics is developing first-in-class biological therapies for cardiac and other medical conditions. Its lead candidate, CAP-1002, is a cell-based candidate currently in clinical development for the treatment of Duchenne muscular dystrophy, myocardial infarction (heart attack), and heart failure. The company is exploring the potential of CAP-2003, a cell-free, exosome-based candidate, to treat a variety of disorders.
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