regulatory
confidence high
sentiment positive
materiality 0.85
Capricor submits BLA for deramiocel to FDA for DMD cardiomyopathy; receives $10M milestone
CAPRICOR THERAPEUTICS, INC.
- BLA for deramiocel (cell therapy) submitted to FDA for DMD cardiomyopathy on Jan 2, 2025.
- Submission triggers $10M milestone payment from partner Nippon Shinyaku to Capricor.
- If approved, deramiocel would be first approved therapy for DMD cardiomyopathy.
- Priority review requested; if granted, review timeline reduced to ~6 months from acceptance.
- Deramiocel holds Orphan Drug, RMAT (US), ATMP (EU) designations; potential PRV if approved.