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Why Is Capricor Therapeutics Stock Trading Lower On Friday? - Capricor Therapeutics (NASDAQ:CAPR)

UNITED STATES, JUL 11 – FDA cited lack of substantial evidence of effectiveness for Capricor's Duchenne muscular dystrophy cell therapy, prompting requests for more clinical data and delaying approval.

Summary by Benzinga
Capricor Therapeutics Inc. (NASDAQ:CAPR) stock is trading lower on Friday. The company received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) regarding its Biologics License Application (BLA) for Deramiocel, the company’s lead cell therapy candidate for cardiomyopathy associated with Duchenne muscular dystrophy (DMD). In the CRL, the FDA stated that it had completed its application review but could not approve…

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Benzinga broke the news in New York, United States on Friday, July 11, 2025.
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