other material
confidence high
sentiment positive
materiality 0.50
Capricor receives $10M milestone from Nippon Shinyaku; HOPE-3 trial continues
CAPRICOR THERAPEUTICS, INC.
- Milestone payment of $10.0 million received from Nippon Shinyaku under 2022 commercialization agreement.
- Payment triggered by favorable interim futility analysis from Data Safety Monitoring Board for HOPE-3 trial.
- DSMB recommended continuation of HOPE-3 trial as planned.