Capricor Therapeutics Reports Third Quarter 2023 Financial Results and Provides Corporate Update
SAN DIEGO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Capricor Therapeutics (NASDAQ: CAPR), a biotechnology company focused on the development of transformative cell and exosome-based therapeutics for the treatment and prevention of muscular and other select diseases, announced today its financial results for the third quarter ended September 30, 2023 and provided a corporate update.
- Next steps for Cohort A:
Plan to report the outcome from the interim futility analysis in the fourth quarter of 2023. - Held a positive Type-B clinical meeting with FDA in the third quarter of 2023.
- Next steps for Cohort B:
Expect to commence enrollment for Cohort B in the fourth quarter of 2023. - Revenues for the third quarter of 2023 were approximately $6.2 million compared with approximately $1.6 million for the third quarter of 2022.