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Stock impact report

Capricor wins key EU designations for the lead asset [Seeking Alpha]

Capricor Therapeutics, Inc. (CAPR) 
Last capricor therapeutics, inc. earnings: 3/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: capricor.com/investors
Company Research Source: Seeking Alpha
The EU drug regulator has issued orphan and ATMP designations for Capricor's ( NASDAQ: CAPR ) development work related to deramiocel in Duchenne muscular dystrophy, a muscle-wasting disorder affecting an estimated one in every 3,500 male births worldwide. Benefits of the EU's orphan drug designation include 10-year-long market exclusivity for the product and substantially lower regulatory fees. Companies with ATMP designations can receive EU regulatory support for their R&D work related to cell and gene therapies. A cell-based therapy, deramiocel is currently the subject of an ongoing rolling Biologics License Application (BLA) filed by the company in the U.S. targeting patients with DMD-cardiomyopathy. Capricor ( CAPR ) expects to complete the rolling submission this year. Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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