Capricor Therapeutics, Inc. announced the appointment of Leland J. Gershell, M.D., Ph.D. as Chief Financial Officer. Dr. Gershell brings to Capricor over 15 years of experience in the biotech sector, both within the industry and in finance as an equity research analyst and healthcare investor. He will report to Dr. Linda Marban, Capricor's Chief Executive Officer.

His appointment is effective immediately. Dr. Gershell comes to Capricor from Tonix Pharmaceuticals where he served as its Chief Financial Officer since early 2012.