Rejected Vote Leads Capricor Toward Narrower Development Path
A rejected vote forced Capricor Therapeutics to pivot, extending the regulatory timeline while refocusing on supportive HOPE-3 evidence. The HOPE-3 primary endpoint showed a statistically significant slowing of upper limb disease progression (4.5% mean difference, p=0.029), and a cardiomyopathy subgroup showed improved ejection fraction (2.8-point difference, p=0.02). Safety data covers 1,300+ IV infusions across 200+ patients. Cash fell to $237.9 million, and the second-quarter net loss widened to $40.7 million as operating costs rose.