financetom
Business
financetom
/
Business
/
FDA Skips Advisory Committee For Capricor's Duchenne Cell Therapy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FDA Skips Advisory Committee For Capricor's Duchenne Cell Therapy
Jun 24, 2025 12:08 PM

Capricor Therapeutics Inc ( CAPR ) on Tuesday provided regulatory updates related to its Biologics License Application (BLA) for Deramiocel, the company’s lead cell therapy candidate for the treatment of Duchenne Muscular Dystrophy (DMD)—associated cardiomyopathy.

DMD is an X-linked genetic disorder characterized by progressive muscle degeneration affecting the skeletal, respiratory, and cardiac muscles.

It is caused by the absence of functional dystrophin, a key structural protein in muscle cells. DMD affects approximately 15,000 individuals in the United States and primarily impacts boys.

Also Read: Vinay Prasad’s Appointment To FDA’s CBER Triggers Questions Over Future Of Cell And Gene Therapy Regulation

As part of the FDA’s ongoing review, the company has been informed that an Advisory Committee meeting is not indicated at this time.

The BLA remains under Priority Review with a Prescription Drug User Fee Act (PDUFA) target action date of August 31, 2025.

As per some media reports, Vinay Prasad, director of the FDA’s Center for Biologics Evaluation and Research (CBER), canceled the advisory committee meeting for the company’s cell therapy for Duchenne muscular dystrophy.

The FDA informed Capricor of its intent to hold the Advisory Committee meeting on July 30, 2025, although that date is pending confirmation by the FDA. At the time of the mid-cycle review, no significant issues or major deficiencies were noted.

Linda Marbán, CEO of Capricor, says the company has hit all key regulatory milestones as planned, including a successful pre-license inspection and a smooth mid-cycle review. With the application still under Priority Review, she believes Capricor is in a strong position heading into the PDUFA date.

Capricor recently presented four-year data from its HOPE-2 Open-Label Extension (OLE) study at the 2025 Parent Project Muscular Dystrophy (PPMD) Conference, representing one of the longest-running treatment datasets in DMD, including measures of both cardiac and skeletal muscle function.

Price Action: CAPR stock is up 20% at $9.22 at the last check on Tuesday

Read Next:

Pudgy Penguins Eyes Top 3 Meme Spot Alongside Dogecoin, Shiba Inu After Nasdaq Spotlight With VanEck

Image: Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Tesla Prepares Driverless Taxi But Fails to Apply for Regulatory Exemptions
Market Chatter: Tesla Prepares Driverless Taxi But Fails to Apply for Regulatory Exemptions
Mar 12, 2026
06:48 AM EDT, 03/12/2026 (MT Newswires) -- Tesla (TSLA) is staffing up and preparing new machines at its Austin, Texas Giga plant to produce hundreds of its new autonomous Cybercab, the Wall Street Journal reported Thursday. The Cybercab lacks a steering wheel, pedals and side mirrors. But Tesla has not yet applied for a mandatory exemption to produce more than...
Factbox-How airlines have hedged against fuel price increases
Factbox-How airlines have hedged against fuel price increases
Mar 12, 2026
March 12 (Reuters) - Higher oil prices due to the Iran war are increasing prices of jet fuel, which accounts for a big portion of airlines' costs. Brent crude oil rose near $100 per barrel on Thursday on worries about disrupted supply. Spot Northwest European jet fuel prices were at $1,536 per metric ton on Thursday, trading near an all-time...
China expands iron ore ban to new BHP product, sources say
China expands iron ore ban to new BHP product, sources say
Mar 12, 2026
March 12 (Reuters) - China has widened a ban on BHP iron ore for the second time in two weeks, escalating a months-long contract dispute with the world's third-largest supplier of the key steelmaking ingredient. China Mineral Resources Group, the state-run iron ore buyer, informed domestic steel mills and traders on Thursday that, starting next week, they would be prohibited...
Full Truck Alliance Q4 Adjusted Earnings, Revenue Rise; Issues Q1 Revenue Guidance
Full Truck Alliance Q4 Adjusted Earnings, Revenue Rise; Issues Q1 Revenue Guidance
Mar 12, 2026
06:47 AM EDT, 03/12/2026 (MT Newswires) -- Full Truck Alliance ( YMM ) reported Q4 adjusted earnings Thursday of 1.01 Chinese renminbi ($0.15) per diluted American depositary share, up from 0.99 renminbi a year earlier. Two analysts polled by FactSet expected 0.95 renminbi. Net revenue for the quarter ended Dec. 31 was 3.19 billion renminbi, compared with 3.17 billion renminbi...
Copyright 2023-2026 - www.financetom.com All Rights Reserved