Name | Value |
---|---|
Revenues | 4.0M |
Cost of Revenue | 0.4M |
Gross Profit | 3.6M |
Operating Expense | 14.7M |
Operating I/L | -11.6M |
Other Income/Expense | 0.6M |
Interest Income | 0.0M |
Pretax | -11.0M |
Income Tax Expense | 0.0M |
Net Income/Loss | -11.0M |
Capricor Therapeutics, Inc. is a clinical-stage biotechnology company specializing in cell and exosome-based therapeutics for various diseases. Its lead candidate, CAP-1002, is a cardiac-derived cell therapy undergoing phase III clinical trials for Duchenne muscular dystrophy and phase II trials for cytokine storm associated with SARS-CoV-2. The company also develops CAP-2003 for trauma-related injuries and conditions, along with vaccine candidates for potential COVID-19 prevention. Capricor collaborates with Lonza Houston, Inc. for clinical manufacturing. The company generates revenue through the development and commercialization of its therapeutic candidates and potential vaccines.