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Benzinga
Benzinga
Business
Vandana Singh

Capricor's Lead Duchenne Therapy Hits FDA Regulatory Roadblock

Capricor CAPR FDA Capricor Therapeutics
Muscular Dystrophy

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).

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