Capricor Therapeutics will report Q4 and full-year 2024 financial results on March 19, 2025, hosting a conference call afterward.
Quiver AI Summary
Capricor Therapeutics is set to release its financial results for the fourth quarter and full year ending December 31, 2024, on March 19, 2025, after the market closes. Following this announcement, management will host a conference call and webcast at 4:30 p.m. ET to discuss the results and provide a corporate update. Capricor focuses on developing innovative cell and exosome-based therapies for rare diseases, particularly its lead product, deramiocel, a therapy currently in late-stage development for Duchenne muscular dystrophy. The company is also advancing its exosome technology platform for various therapeutic applications. Interested parties can participate in the conference call or access the webcast through provided details.
Potential Positives
- Capricor Therapeutics will release its financial results for the fourth quarter and full year 2024, which could reflect positively on the company's performance and increase investor confidence.
- The company is advancing its lead product candidate, deramiocel, which is in late-stage development for the treatment of Duchenne muscular dystrophy, a significant and unmet medical need in the biotechnology field.
- Capricor has entered into an exclusive commercialization agreement with Nippon Shinyaku Co., Ltd. for deramiocel in the United States and Japan, indicating strategic partnerships that may enhance market access and revenue potential.
- The webcast and conference call will provide stakeholders with direct insights from management, promoting transparency and engagement with investors and analysts.
Potential Negatives
- The press release reveals that deramiocel, despite being in late-stage development, is still an Investigational New Drug and not approved for any indications, indicating potential regulatory hurdles ahead.
- None of Capricor’s exosome-based candidates have been approved for clinical investigation, highlighting a lack of current marketable products.
- The cautionary note regarding forward-looking statements emphasizes significant uncertainties and risks that could impact the company's future performance and plans.
FAQ
When will Capricor Therapeutics release its 2024 financial results?
Capricor Therapeutics will release its financial results on March 19, 2025, after market close.
What time is the conference call for Capricor's financial results?
The conference call will begin at 4:30 p.m. ET on March 19, 2025.
How can I access the Capricor webcast?
The webcast can be accessed through the provided webcast link after the conference call begins.
What is deramiocel and its purpose?
Deramiocel is an allogeneic cardiac-derived cell therapy for treating Duchenne muscular dystrophy.
Who can I contact for more information about Capricor Therapeutics?
You can contact Raquel Cona or AJ Bergmann for media and company inquiries, respectively.
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 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CAPR stock by insiders over the last 6 months:
- SHINYAKU CO LTD NIPPON purchased 2,798,507 shares for an estimated $14,999,997
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CAPR Hedge Fund Activity
We have seen 79 institutional investors add shares of $CAPR stock to their portfolio, and 39 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FARALLON CAPITAL MANAGEMENT LLC added 2,250,400 shares (+inf%) to their portfolio in Q4 2024, for an estimated $31,055,520
- STATE STREET CORP added 1,696,055 shares (+331.1%) to their portfolio in Q4 2024, for an estimated $23,405,559
- BLACKROCK, INC. added 1,216,907 shares (+69.5%) to their portfolio in Q4 2024, for an estimated $16,793,316
- VANGUARD GROUP INC added 700,243 shares (+44.4%) to their portfolio in Q4 2024, for an estimated $9,663,353
- WOODLINE PARTNERS LP added 629,934 shares (+inf%) to their portfolio in Q4 2024, for an estimated $8,693,089
- MORGAN STANLEY added 500,238 shares (+380.4%) to their portfolio in Q4 2024, for an estimated $6,903,284
- IKARIAN CAPITAL, LLC removed 300,000 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $4,140,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SAN DIEGO, March 11, 2025 (GLOBE NEWSWIRE) -- Capricor Therapeutics (NASDAQ: CAPR), a biotechnology company developing transformative cell and exosome-based therapeutics for the treatment of rare diseases, will release its financial results for the fourth quarter and full year ended December 31, 2024, after the market close on Wednesday, March 19, 2025. Management will then host a webcast and conference call at 4:30 p.m. ET on March 19.
Title:
|
Capricor Therapeutics Fourth Quarter and Full Year 2024 Financial Results and Recent Corporate Update Conference Call and Webcast |
Date: | Wednesday, March 19, 2025 |
Time: | 4:30 p.m. ET |
Conference Call Details: |
Toll-Free: 1-800-717-1738
International: 1-646-307-1865 Conference ID: 98172 Participants can use guest dial-in numbers above and be answered by an operator or click the Call me™ link for instant telephone access to the event. |
Webcast: |
Webcast Link - Click Here
|
A replay of the webcast will be available following the conclusion of the live broadcast and will be accessible on the
Company’s website
.
About Capricor Therapeutics
Capricor Therapeutics, Inc. (NASDAQ: CAPR) is a biotechnology company dedicated to advancing transformative cell and exosome-based therapeutics to redefine the treatment landscape for rare diseases. At the forefront of our innovation is our lead product candidate, deramiocel, an allogeneic cardiac-derived cell therapy. Extensive preclinical and clinical studies have shown deramiocel to demonstrate immunomodulatory, antifibrotic, and regenerative actions specifically tailored for dystrophinopathies and heart disease. Deramiocel is currently in late-stage development for the treatment of Duchenne muscular dystrophy. Capricor is also harnessing the power of its exosome technology, using its proprietary StealthX™ platform in preclinical development focused on the areas of vaccinology, targeted delivery of oligonucleotides, proteins and small molecule therapeutics to potentially treat and prevent a diverse array of diseases. At Capricor, we stand committed to pushing the boundaries of possibility and forging a path toward transformative treatments for those in need. For more information, visit capricor.com , and follow Capricor on Facebook , Instagram and Twitter .
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 discovery efforts and clinical trials; the pace of enrollment of clinical trials; plans regarding regulatory filings, future research and clinical trials; regulatory developments involving products, including the ability to obtain regulatory approvals or otherwise bring products to market; manufacturing capabilities; dates for regulatory meetings; statements about our financial outlook; the ability to achieve product milestones and to receive milestone payments from commercial partners; plans regarding current and future collaborative activities and the ownership of commercial rights; potential future agreements; scope, duration, validity and enforceability of intellectual property rights; future revenue streams and projections; expectations with respect to the expected use of proceeds from the recently completed offerings and the anticipated effects of the offerings; 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, 2023, as filed with the Securities and Exchange Commission on March 11, 2024, and in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, as filed with the Securities and Exchange Commission on November 14, 2024. 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.
Capricor has entered into an agreement for the exclusive commercialization and distribution of deramiocel (CAP-1002) for DMD in the United States and Japan with Nippon Shinyaku Co., Ltd. (U.S. subsidiary: NS Pharma, Inc.), subject to regulatory approval. Deramiocel is an Investigational New Drug and is not approved for any indications. None of Capricor’s exosome-based candidates have been approved for clinical investigation.
For more information, please contact:
Capricor Media Contact:
Raquel Cona
KCSA Strategic Communications
[email protected]
212.896.1204
Capricor Company Contact:
AJ Bergmann, Chief Financial Officer
[email protected]
858.727.1755