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Capricor Therapeutics (CAPR) Receives $4.2M NIH Grant for CAP-2003 Development in HLHS

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Capricor Therapeutics Awarded Up to $4.2 Million from National Institutes of Health to Evaluate Exosomes for Hypoplastic Left Heart Syndrome

October 20, 2016 7:00 AM EDT

LOS ANGELES, Oct. 20, 2016 /PRNewswire/ -- Capricor Therapeutics, Inc. (NASDAQ: CAPR), a clinical-stage biotechnology company developing biological therapies for cardiac and other serious medical conditions, today announced that it has been awarded a grant of up to $4.2 million from the National Institutes of Health to study CAP-2003 (cardiosphere-derived cell exosomes) for hypoplastic left heart syndrome (HLHS).

"Capricor's successful record of competing for non-dilutive sources of capital reflects our commitment to scientific excellence as well as the importance of... More