Las Vegas, NV -- (SBWIRE) -- 01/13/2014 -- Capricor Therapeutics Inc (OTCMKTS:CAPR) is a heart failure biotechnology company that focuses on the development of novel therapeutics to prevent and treat heart diseases.
Capricor Therapeutics, Inc. ‘s lead cardiac-derived cells product candidate includes CAP-1002 which is a proprietary allogeneic adult stem cell therapy, which is in the ALLogeneic Heart STem Cells to Achieve Myocardial Regeneration Phase I/II trials for the treatment of heart damage. It is also engaged in the development of Cenderitide which is a novel chimeric natriuretic peptide that is in Phase I/II clinical trials for the treatment of heart failure patients during the post-acute heart failure period, which is the 90-day period immediately after discharge from a hospitalization for acute decompensated heart failure.
Capricor Therapeutics, Inc. was formerly known as Nile Therapeutics, Inc. It changed its name to Capricor Therapeutics, Inc. as a result of its merger with Capricor, Inc. in November 2013.
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