CAPSTONE THERAPEUTICS CORP. (OTCMKTS:CAPS) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01
(b) Engagement of New Independent Registered Public Accounting Firm.
On August 10, 2017, the Company engaged Eide Bailly LLP (“EB”) as its new independent registered public accounting firm. The decision to engage EB was approved by the Audit Committee of the Company’s Board of Directors.
During the Company’s two most recent fiscal years and in the subsequent interim period from January 1, 2017 through August 10, 2017, neither the Company nor anyone acting on its behalf consulted with EB regarding any of the matters or events set forth in Item 304(a)(2) of Regulation S-K.
About CAPSTONE THERAPEUTICS CORP. (OTCMKTS:CAPS)
Capstone Therapeutics Corp. is a biotechnology company. The Company is engaged in developing a pipeline of peptides and other molecules aimed at helping patients with under-served medical conditions. The Company entered into a joint venture, LipimetiX Development, Inc., to develop Apo E mimetic peptide molecule AEM-28 and its analogs for the treatment for Homozygous Familial Hypercholesterolemia, Acute Hypertriglyceridemic Pancreatitis, diabetic dyslipidemia and other hyperlipidemic indications. Apolipoprotein E is a 299 amino acid protein that plays a role in lipoprotein metabolism. AEM-28 is a 28 amino acid mimetic of Apo E and AEM-28 and its analogs, including AEM-28-14, a 28 amino acid mimetic of Apo E (with an aminohexanoic acid group and a phospholipid), and both contain a domain that anchors into a lipoprotein surface while also providing the Apo E receptor binding domain, which allows clearance through the heparan sulfate proteoglycan receptors (Syndecan-1) in the liver.