For Q3 FY2025 ended September 30, 2024, Capricor Therapeutics reported revenue of $2.26 million, a 63.4% decline year-over-year. Net loss widened to $33.94 million, and operating loss was $36.77 million. Diluted EPS was -$0.59, 11.3% worse than the prior year.
•Revenue fell 63.4% YoY to $2.26 million.
•Net loss increased 39.2% to $33.94 million.
•Operating loss grew 47.2% to $36.77 million.
•Diluted EPS was -$0.59, down 11.3% from a year ago.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Capricor Therapeutics, Inc., a clinical-stage biotechnology company develops transformative cell and exosome-based therapeutics for treating duchenne muscular dystrophy (DMD) and other diseases with unmet medical needs in the United States.
Its lead product candidate is the Deramiocel, an allogeneic cardiosphere-derived cells, which is in phase 3 clinical trial for the treatment of DMD. It also develops Exosome protein-based vaccine, which is in preclinical trial to treat SARS-CoV-2 StealthX Exosome Platform, and exosome platform program consists of engineered exosomes for vaccine and therapeutic development and is in preclinical trial.
Additionally, it engages in developing StealthX, an engineered exosome-based vaccine candidate, under phase 1 clinical study for a range of therapeutic applications including targeted RNA, protein, and small molecule therapeutics to treat or prevent a variety of diseases.
Its portfolio also includes It has license agreement with Johns Hopkins University, University of Rome License, and Cedars-Sinai Medical Center to develop and commercialize licensed products and licensed services under the licensed patent rights in all fields and a nonexclusive right to the know-how, and Cell Line License Agreement with Life Technologies for the development of exosomes platform. Founded in 2005, the company is headquartered in San Diego, California.
Capricor Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing transformative cell and exosome-based therapeutics. Its lead product candidate is Deramiocel, an allogeneic cardiosphere-derived cell therapy currently in Phase 3 clinical trials for the treatment of Duchenne muscular dystrophy (DMD). The company also has an exosome protein-based vaccine in preclinical trials targeting SARS-CoV-2, as well as the StealthX Exosome Platform, which includes engineered exosomes for vaccine and therapeutic development. Additionally, Capricor is developing StealthX, an engineered exosome-based vaccine candidate under Phase 1 clinical study for applications such as targeted RNA, protein, and small molecule therapeutics. The company's pipeline addresses diseases with unmet medical needs, primarily in the United States.
On which stock exchange is Capricor Therapeutics (CAPR) listed and what currency is used?
Capricor Therapeutics, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol CAPR. The company's shares are traded in U.S. dollars (USD), reflecting its primary operations and headquarters in the United States. As a Nasdaq-listed company, Capricor is subject to the exchange's listing requirements and regulatory oversight, providing investors with a transparent trading environment.
What sector and industry does Capricor Therapeutics (CAPR) operate in?
Capricor Therapeutics operates in the Healthcare sector, specifically within the Biotechnology industry. As a biotechnology company, it focuses on researching and developing innovative therapies using cell and exosome-based technologies. The company's work is centered on addressing serious diseases like Duchenne muscular dystrophy (DMD) and other conditions with limited treatment options, positioning it within the broader biotech landscape that emphasizes cutting-edge scientific research and clinical development.
Where is Capricor Therapeutics (CAPR) headquartered and what markets does it serve?
Capricor Therapeutics is headquartered in San Diego, California, United States. Founded in 2005, the company primarily serves the U.S. market, focusing on developing therapies for diseases with unmet medical needs. Its clinical trials and research activities are conducted in the United States, and it holds license agreements with U.S. institutions such as Johns Hopkins University and Cedars-Sinai Medical Center, as well as the University of Rome. The company's geographic focus is on the U.S. healthcare system, though its technologies have potential global applications.
What are the key product candidates and partnerships of Capricor Therapeutics (CAPR)?
Capricor Therapeutics' lead product candidate is Deramiocel, an allogeneic cardiosphere-derived cell therapy in Phase 3 trials for Duchenne muscular dystrophy (DMD). The company also has an exosome protein-based vaccine in preclinical trials for SARS-CoV-2 and the StealthX Exosome Platform, which includes engineered exosomes for vaccine and therapeutic development. StealthX, an engineered exosome-based vaccine candidate, is under Phase 1 clinical study for targeted RNA, protein, and small molecule therapeutics. Capricor has license agreements with Johns Hopkins University, the University of Rome, and Cedars-Sinai Medical Center to develop and commercialize licensed products and services. Additionally, it holds a Cell Line License Agreement with Life Technologies for exosome platform development.