Capricor Therapeutics Reports Q1 2025 Results: Revenues Drop to $0, Net Loss Widens to $24.4 Million, EPS at $0.53

Reuters
14 May
Capricor <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Reports Q1 2025 Results: Revenues Drop to $0, Net Loss Widens to $24.4 Million, EPS at $0.53

Capricor Therapeutics Inc. reported its financial results for the first quarter of 2025, highlighting a significant variation in revenues and net loss compared to the same period in the previous year. The company achieved revenues of $0, a notable decrease from the $4.9 million reported in the first quarter of 2024. This decline is attributed to the complete recognition of milestone payments under the U.S. Distribution Agreement as of December 31, 2024. The net loss for the first quarter of 2025 was approximately $24.4 million, or $0.53 per share, compared to a net loss of $9.8 million, or $0.31 per share, reported in the first quarter of 2024. Total operating expenses increased to approximately $25.0 million from $15.2 million in the previous year. Capricor Therapeutics also provided a corporate update, noting that the Biologics License Application $(BLA.AU)$ for deramiocel in the treatment of Duchenne muscular dystrophy remains under priority review by the U.S. FDA, with a target Prescription Drug User Fee Act (PDUFA) date set for August 31, 2025. The company completed a mid-cycle review meeting with the FDA, which identified no significant deficiencies, and a late-cycle meeting is scheduled for June. Additionally, the FDA has indicated its intent to convene an advisory committee meeting regarding the BLA. Looking ahead, Capricor believes its available cash, cash equivalents, and marketable securities, totaling approximately $145 million, will support planned operations into 2027. The National Institute of Allergy and Infectious Diseases (NIAID) plans to initiate a phase 1 clinical trial of Capricor's StealthX™ exosome vaccine in the third quarter of 2025, pending regulatory approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capricor Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001558370-25-007574), on May 13, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10