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Ahead of hearing, FDA questions the efficacy of Capricor’s Duchenne drug

Capricor Therapeutics shares plunged after FDA staff flagged data and efficacy concerns regarding its Duchenne heart disease therapy.

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The brief

The FDA has raised questions about the efficacy and data of Capricor Therapeutics' drug intended to treat Duchenne heart disease. These concerns were raised ahead of a scheduled hearing.

Coverage from Reuters, STAT, and WTVB emphasizes the FDA staff's flags regarding the therapy, while Reuters notes a subsequent plunge in company shares. Yahoo Finance and MarketBeat report on the stock's current trading status, including a lease deal and a high volume of call options purchased by traders.

Attention now turns to the upcoming hearing to address the FDA's concerns. Coverage does not yet specify the date of the hearing or the exact nature of the data discrepancies.

Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.

Quick answers

What did the FDA flag regarding Capricor's therapy?

FDA staff flagged concerns regarding the efficacy and data of the Duchenne heart disease therapy.

How did the market react to the FDA news?

According to Reuters, shares of Capricor Therapeutics plunged following the reports.

What other market activity is noted for CAPR?

MarketBeat reports that stock traders have purchased a large volume of call options on the company.

Coverage (6)

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