Capricor Therapeutics announced a new FDA target action date of November 22, 2026, for Deramiocel's approval.
Quiver AI Summary
Capricor Therapeutics announced an extension of the FDA's Prescription Drug User Fee Act (PDUFA) target action date for its Biologics License Application (BLA) for Deramiocel, an investigational cell therapy for Duchenne muscular dystrophy (DMD), from August 22, 2026, to November 22, 2026. This extension follows the submission of new data from the Phase 3 HOPE-3 study, which includes 24-month open-label extension data and additional analyses aiming to refine the proposed indication focused on upper limb function, a key area of concern in DMD. The FDA accepted this major amendment for review, recognizing the significant unmet need for effective treatments for DMD. Capricor's CEO emphasized the importance of preserving upper limb function for patients, as it greatly impacts their independence and quality of life.
Potential Positives
- The FDA has extended the PDUFA target action date for Deramiocel by three months, allowing more time for review of new and existing data, which highlights the significance of the submission and the importance of the product.
- The amendment submitted to the FDA includes additional 24-month open-label extension data that strengthens the case for Deramiocel's proposed indication, showcasing robust clinical evidence for its efficacy in preserving upper limb function in DMD patients.
- The FDA classified the submission as a major amendment, indicating its potential importance and aligning with the agency's recognition of the significant unmet medical need in Duchenne muscular dystrophy.
Potential Negatives
- The FDA's extension of the PDUFA target action date by three months may signal underlying concerns regarding the adequacy of the submitted data for Deramiocel, potentially delaying the drug's availability to patients.
- The classification of the submission as a major amendment indicates that significant changes or additional information are required, which could reflect ongoing doubts about the initial approval process or data quality.
- The need for additional time to review the substantial clinical dataset may raise questions about the initial trial design or results, impacting investor confidence and perceptions of the company's operational effectiveness.
FAQ
What is the new PDUFA target action date for Deramiocel?
The new PDUFA target action date for Deramiocel is November 22, 2026.
What does Deramiocel target in Duchenne muscular dystrophy?
Deramiocel targets upper limb function in patients with Duchenne muscular dystrophy.
What data did Capricor submit for FDA review?
Capricor submitted 24-month open-label extension data from the Phase 3 HOPE-3 study for FDA review.
How does Deramiocel work?
Deramiocel consists of cardiosphere-derived cells that secrete exosomes to promote muscle function and healing.
What designations has Deramiocel received?
Deramiocel holds Orphan Drug, RMAT, and Rare Pediatric Disease designations in the U.S.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CAPR Insider Trading Activity
$CAPR insiders have traded $CAPR stock on the open market 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $CAPR stock by insiders over the last 6 months:
- KARIMAH ES SABAR has made 0 purchases and 3 sales selling 122,529 shares for an estimated $3,756,395.
- ANTHONY BERGMANN (CHIEF FINANCIAL OFFICER) has made 0 purchases and 5 sales selling 75,000 shares for an estimated $2,304,850.
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$CAPR Hedge Fund Activity
We have seen 101 institutional investors add shares of $CAPR stock to their portfolio, and 94 decrease their positions in their most recent quarter.
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- TANG CAPITAL MANAGEMENT LLC added 2,399,900 shares (+141.2%) to their portfolio in Q2 2026, for an estimated $57,789,591
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$CAPR Price Targets
Multiple analysts have issued price targets for $CAPR recently. We have seen 3 analysts offer price targets for $CAPR in the last 6 months, with a median target of $60.0.
Here are some recent targets:
- Joseph Pantginis from HC Wainwright & Co. set a target price of $60.0 on 05/13/2026
- Madison El-Saadi from B. Riley Securities set a target price of $63.0 on 03/13/2026
- Edward Tenthoff from Piper Sandler set a target price of $58.0 on 03/13/2026
Full Release
– New PDUFA target action date of November 22, 2026 follows submission of additional Phase 3 HOPE-3 data and analyses supporting a refined proposed indication –
SAN DIEGO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Capricor Therapeutics (NASDAQ: CAPR), a biotechnology company developing transformative cell and exosome-based therapeutics for the treatment of rare diseases, today announced that the U.S. Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) target action date for its Biologics License Application (BLA) for Deramiocel, an investigational cell therapy for Duchenne muscular dystrophy (DMD), from August 22, 2026 to November 22, 2026.
As part of its ongoing discussions with the FDA following the July 2026 Advisory Committee meeting, Capricor submitted an amendment to the BLA that includes 24-month open-label extension data from its pivotal Phase 3 HOPE-3 study and additional robustness analyses, with a request that the FDA review the existing and new data in support of a refined proposed indication focused on upper limb function, the primary endpoint of HOPE-3. The FDA's Center for Biologics Evaluation and Research (CBER) accepted the amendment for review, citing the significant unmet medical need in DMD. The FDA has classified the submission as a major amendment and extended the PDUFA target action date by three months to allow additional time to review the information.
“With an additional year of follow-up from HOPE-3, we now have one of the most extensive clinical datasets evaluating upper limb function in Duchenne,” said Linda Marbán, Ph.D., Chief Executive Officer of Capricor. “HOPE-3 met its primary endpoint, demonstrating a statistically significant benefit in upper limb function, and we believe the additional open-label data and further analyses included in the amendment strengthen the evidence supporting a refined proposed indication. We appreciate the FDA’s continued engagement and look forward to working constructively with the agency as it completes its review.”
Marbán continued, “The powerful testimony shared by patients, families and clinicians at the July Advisory Committee meeting underscored the importance of preserving upper limb function and the independence it provides for people living with Duchenne. In a progressive disease where function, once lost, cannot be recovered, we believe preservation of upper limb function has the potential to translate into meaningful differences in patients' independence and daily lives. That impact reinforces the urgency of our work and our commitment to bringing Deramiocel to the Duchenne community as soon as possible.”
About Duchenne Muscular Dystrophy
Duchenne Muscular Dystrophy (DMD) is a severe, 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. Over time, deterioration of the heart muscle leads to cardiomyopathy and heart failure, which is the leading cause of death in DMD. There is no cure, and treatment options remain limited.
About Deramiocel
Deramiocel (CAP-1002) consists of allogeneic cardiosphere-derived cells (CDCs), a rare population of cardiac cells that have been shown in preclinical and clinical studies to exert immunomodulatory and anti-fibrotic actions in the preservation of skeletal and cardiac muscle function in muscular dystrophies such as DMD. CDCs act by secreting extracellular vesicles known as exosomes, which target macrophages and alter their expression profile to adopt a healing rather than pro-inflammatory phenotype. For the treatment of DMD, Deramiocel holds Orphan Drug, RMAT and Rare Pediatric Disease designations in the U.S., and Orphan Drug and ATMP designations in Europe. The Rare Pediatric Disease Designation may qualify Capricor for a Priority Review Voucher upon approval.
About Capricor Therapeutics
Capricor Therapeutics (NASDAQ: CAPR) is a biotechnology company dedicated to advancing cell and exosome-based therapeutics for the treatment of rare diseases. Our lead product candidate, Deramiocel, is an allogeneic cardiac-derived cell therapy in late-stage development for Duchenne muscular dystrophy (DMD), evaluated in clinical studies for its potential to preserve skeletal and cardiac muscle function. Capricor is also advancing its proprietary StealthX™ exosome platform for the targeted delivery of oligonucleotides, proteins, and small-molecule therapeutics across a range of diseases. At Capricor, we are committed to delivering new therapies for patients with rare diseases. For more information, visit capricor.com and follow Capricor on Facebook , Instagram and X .
Cautionary Note Regarding Forward-Looking Statements
Statements in this press release regarding the efficacy, safety, and intended utilization of Capricor’s product candidates; the initiation, conduct, size, timing and results of clinical trials; the pace of enrollment of clinical trials; plans regarding regulatory filings, future research and clinical trials; regulatory developments involving products, including future interactions with regulatory authorities and the ability to obtain regulatory approvals or otherwise bring products to market; manufacturing capabilities; dates for regulatory meetings; the potential that required regulatory inspections may be delayed or not be successful which would delay or prevent product approval, revenue and reimbursement estimates, projected terms of definitive agreements, our financial position, our possible uses of existing cash and investment resources; results of securities litigation; and statements regarding our litigation with Nippon Shinyaku Co., Ltd. and NS Pharma, Inc., including the nature of the dispute, our expectations regarding any legal proceedings, and our ability to commercialize Deramiocel independent of our existing distribution agreement and any other statements about Capricor’s management team’s future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “could,” “anticipates,” “expects,” “estimates,” “should,” “target,” “will,” “would” and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements. More information about these and other risks that may impact Capricor’s business is set forth in Capricor’s Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission on March 17, 2026 and in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, as filed with the Securities and Exchange Commission on August 14, 2026. All forward-looking statements in this press release are based on information available to Capricor as of the date hereof, and Capricor assumes no obligation to update these forward-looking statements.
Deramiocel and the StealthX™ vaccine are investigational candidates and have not been approved for commercial use in any indication.
For more information, please contact:
Capricor Media Contact:
Caitlin Kasunich / Raquel Cona
KCSA Strategic Communications
[email protected]
/
[email protected]
212.896.1241 / 516.779.2630
Capricor Company Contact:
AJ Bergmann, Chief Financial Officer
[email protected]
858.727.1755