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Tuesday, September 17, 2024

Capricor, Nippon Shinyaku Link for European Expansion and Commercialization of Duchenne Therapy

 Capricor to Receive $15 Million Equity Investment at a 20% Premium, as well as $20 Million Upfront Payment upon Signing Definitive Agreement with up to $715 Million in Potential Milestones and a Double-Digit Percentage of Product Revenue-

-Upfront Payment and Investment Extends Cash Runway into 2026-

-Potential Milestones from Combined Distribution Agreements Now Total approximately $1.5 Billion-

-Capricor Preparing to Meet with EMA to Discuss European Expansion for Deramiocel-

https://www.globenewswire.com/news-release/2024/09/17/2947526/0/en/Capricor-Therapeutics-Signs-Binding-Term-Sheet-with-Nippon-Shinyaku-for-European-Expansion-and-Commercialization-of-Deramiocel-for-the-Treatment-of-Duchenne-Muscular-Dystrophy.html

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