Capricor Therapeutics plunges after FDA declines to approve muscle disorder therapy

ReutersJul 11, 2025 10:46 AM

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Shares of therapy developer Capricor Therapeutics CAPR.O fall 45.3% to $6.24 premarket

Company says the U.S. FDA has declined to approve its cell therapy for a type of muscle disorder

FDA says co's marketing application for its therapy, Deramiocel, does not meet statutory requirement for substantial evidence of effectiveness

Company plans to resubmit marketing application for the therapy in Q3 2025

As of last close, CAPR down 17.4% YTD

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