Capricor Therapeutics Stock Surges After FDA Resumes Review of Deramiocel
Capricor Therapeutics Inc's stock price surged by 17.53%, reaching a 20-day high, following the FDA's decision to resume its review of the company's cell therapy, Deramiocel.
The FDA has lifted the Complete Response Letter for Capricor's Deramiocel Biologics License Application (BLA), with a target action date set for August 22, 2026. This significant development opens up substantial market opportunities for the company, especially after Deramiocel successfully met its primary endpoint and secondary endpoints in the HOPE-3 Phase 3 trial, indicating its potential as the first therapy for addressing both cardiac and skeletal issues in Duchenne muscular dystrophy (DMD). The company also anticipates qualifying for a Priority Review Voucher, which would expedite the therapy's market entry.
This positive news has generated strong investor interest and optimism regarding Capricor's future, as the successful launch of Deramiocel could provide new hope for DMD patients and yield significant economic returns for the company.
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- Successful Financing: Caprock Mining Corp. has closed a non-brokered private placement of 6 million flow-through shares at $0.10 each, raising a total of $600,000, which will provide essential funding for the company's exploration projects.
- Clear Use of Proceeds: The funds raised will be allocated to eligible Canadian exploration expenses as defined under the Income Tax Act, specifically related to the Destiny gold project near Val d'Or, Québec, which is expected to drive further development of the project.
- Share Transfer Restrictions: The issued flow-through shares are subject to a four-month hold period expiring on October 20, 2026, ensuring stability post-financing and protecting investor interests.
- Significant Project Potential: The Destiny project is located within the Abitibi greenstone belt, comprising 127 mineral claims over an area of over 5,000 hectares, and has a published NI 43-101 compliant mineral resource estimate, highlighting its strategic value for future gold mining development.
- FDA Policy Reversal: The FDA's decision to reconsider UniQure's gene therapy candidate AMT-130, with plans to submit a U.S. marketing application in Q3 2026, signifies a potential accelerated approval for Huntington's disease treatment, which could create substantial market opportunities for the company.
- Regenxbio Stock Surge: Following the FDA announcement, Regenxbio's shares surged approximately 23%, positively impacting the future prospects of its gene therapy candidate RGX-121, despite the drug facing FDA rejection in February.
- Replimune's Recovery: Replimune's stock rose about 13%, as the company reached an agreement with the FDA to resubmit its Biologics License Application for RP1, aimed at providing a new treatment option for melanoma patients, demonstrating resilience in the face of adversity.
- Capricor's Continued Growth: Capricor Therapeutics saw its shares increase by around 8%, following the FDA's decision to review its previously rejected candidate Deramiocel for Duchenne muscular dystrophy, resulting in over a 130% rise in stock price over the past year, reflecting increased market confidence in its products.
- Legal Dispute Overview: In May, Capricor filed a lawsuit against Nippon Shinyaku and its U.S. subsidiary NS Pharma over the distribution agreement for its DMD therapy Deramiocel, claiming that the current pricing structure could limit patient access through Medicare, Medicaid, and private insurance.
- Patient Access Challenges: Capricor highlighted that the existing agreement could lead to financial losses for hospitals and treatment centers administering the therapy, and despite attempts to resolve the issue with NS Pharma, no agreement was reached.
- FDA Review Progress: The PDUFA date for Deramiocel is set for August 22, 2026, with the FDA having resumed review of its Biologics License Application, indicating potential market approval to address the needs of approximately 15,000 DMD patients in the U.S.
- Market Sentiment Analysis: Retail sentiment around CAPR on Stocktwits trended bullish over the past 24 hours, accompanied by high message volumes, as investors focused on the potential impact of launching the drug independently, despite the stock shedding over 7% of its value this year.
- Investor Conference Schedule: Capricor Therapeutics will participate in the Goldman Sachs 47th Annual Global Healthcare Conference on June 10, engaging in investor meetings and a fireside chat to showcase its innovative therapies for rare diseases.
- Product Development Progress: The company's lead product candidate, Deramiocel, is in late-stage development for Duchenne muscular dystrophy (DMD), with clinical studies demonstrating its ability to effectively preserve cardiac and skeletal muscle function, which is expected to positively impact patients' quality of life.
- Platform Innovation: Capricor is advancing its proprietary StealthX™ exosome platform aimed at the targeted delivery of oligonucleotides, proteins, and small-molecule therapeutics, expanding its treatment range and enhancing its competitive position in the market.
- Future Outlook: Committed to delivering new therapies for patients with rare diseases, Capricor plans to continue clinical trials and regulatory filings to achieve product commercialization, driving long-term growth for the company.
- FDA Review Progress: Capricor's Biologics License Application (BLA) is under active review by the FDA with a target action date of August 22, 2026, and despite the ongoing lawsuit from NS Pharma, management remains optimistic about the review process.
- Clinical Trial Results: The HOPE-3 trial demonstrated a 54% reduction in disease severity after 12 months of treatment, with significant improvements in cardiac function, indicating deramiocel's potential impact on future product labeling.
- Financial Position: As of March 31, 2026, Capricor reported approximately $279 million in cash and marketable securities, and while no revenue was recognized in Q1, management believes current capital is sufficient to fund operations through Q4 2027.
- Commercial Strategy Shift: Management emphasized a pivot towards independent commercialization of deramiocel, having secured a Chief Commercial Officer and planning to begin stockpiling commercial doses once FDA guidance is received, reflecting a proactive approach to future market opportunities.
- Earnings Announcement: Capricor Therapeutics (CAPR) is set to announce its Q1 2023 earnings on May 12 after market close, with a consensus EPS estimate of -$0.54, reflecting a 1.9% year-over-year decline, indicating challenges in profitability.
- Performance Expectations: Despite a projected revenue of $0, CAPR has consistently beaten EPS and revenue estimates 100% of the time over the past year, showcasing the company's ability in managing market expectations effectively.
- Estimate Revision Dynamics: Over the last three months, EPS estimates have seen one upward revision and two downward adjustments, reflecting analysts' differing views on the company's future profitability, which could impact investor confidence.
- Legal Challenges: Capricor's stock has dropped following a lawsuit filed against Nippon Shinyaku, highlighting potential legal risks that may negatively affect its market performance.








