The July 27, 2026, stock crash occurred after FDA staff issued a scathing review of Deramiocel, citing insufficient evidence regarding cardiac endpoints and concerns over post-randomization statistical adjustments. Law firm Levi & Korsinsky is now examining whether Capricor executives, including CEO Linda Marbán, suppressed material risks while maintaining a positive narrative to the public.
Prior to the market rout, the company had touted promising results, claiming in May 2026 that the therapy slowed cardiac decline by roughly 91% compared to a placebo. Investors who incurred losses during this period are now being reviewed for potential legal action, with the inquiry centering on whether those earlier statements obscured the true state of the FDA’s review process.





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