Capricor Therapeutics' StealthX vaccine for SARS-CoV-2 was selected for COVID-19 Project NextGen, increasing shares by 7%.

Capricor Therapeutics' share price rose by 7% after the company's StealthX exosome-based multivalent vaccine was selected for Project NextGen, a U.S. Department of Health and Human Services initiative aimed at advancing a pipeline of new, innovative vaccines for COVID-19. The vaccine, which combines the S protein and the N protein, aims to offer broader and longer-lasting immunity against SARS-CoV-2. The National Institutes of Health will oversee a Phase 1 clinical study of the vaccine, subject to regulatory approval, and the collaboration seeks to develop next-generation vaccine platforms that could be extended to other infectious diseases.

January 24, 2024
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