PepGen Inc.
NASDAQ•PEPG
CEO: Dr. James G. McArthur Ph.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2022-05-06
PepGen Inc., a clinical-stage biotechnology company, focuses on the development of oligonucleotide therapeutics for use in the treatment of severe neuromuscular and neurologic diseases. Its lead product candidate is PGN-EDO51, an EDO peptide that is in Phase 2 clinical trial to treat Duchenne muscular dystrophy (DMD) patients. The company is also developing PGN-EDODM1, an EDO peptide-conjugated PMO, which is in Phase 1 clinical trial for the treatment of myotonic dystrophy type 1, as well as EDO therapeutic candidates, such as PGN-EDO53, PGN-EDO45, and PGN-EDO44 for the treatment of DMD. PepGen Inc. was founded in 2018 and is based in Boston, Massachusetts.
Contact Information
Market Cap
$374.68M
P/E (TTM)
-1.9
37
Dividend Yield
--
52W High
$7.80
52W Low
$0.88
52W Range
Rank58Top 85.6%
2.3
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 2.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025
Financial Dashboard
Q3 2025 Data
Revenue
$0.00+0.00%
4-Quarter Trend
EPS
$0.55-183.33%
4-Quarter Trend
FCF
-$19.36M-20.01%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Cash Position Strengthened Significantly Net cash provided by financing activities reached $108.2M for nine months, driven by 2025 Offering; cash runway extends into H2 2027.
PGN-EDODM1 Clinical Data Positive Phase 1 trial reported 53.7% mean splicing correction for PGN-EDODM1 at 15 mg/kg dose level; dose escalation concluded.
Discontinued DMD Program Efforts Voluntarily ceased development of PGN-EDO51 for DMD in May 2025; winding down all related research and development activities.
Risk Factors
Significant Net Loss Continues Nine months net loss totaled $71.3M, an increase from $67.7M last year; accumulated deficit reached $342.8M.
Substantial Future Funding Needed Expect expenses to increase substantially; significant additional funding required to advance PGN-EDODM1 past 2026 data readouts.
Shareholder Litigation Exposure Facing putative shareholder class action lawsuit alleging material misrepresentations regarding the discontinued PGN-EDO51 program.
Third-Party Manufacturing Reliance Rely heavily on single-source third parties for manufacturing and clinical testing; performance failure risks supply chain disruption.
Outlook
Advance PGN-EDODM1 Development Focus development efforts on PGN-EDODM1 for DM1; plan to report data from FREEDOM2 study in first quarter 2026.
Stock Option Repricing Completed Approved repricing 3.56M stock options to $4.53 exercise price in November 2025; compensation expense impact pending determination.
Continue EDO Platform Research Maintain research efforts for other potential investigational drugs addressing various neuromuscular and neurologic disorders.
Peer Comparison
Revenue (TTM)
CCCC$30.11M
$26.80M
$9.03M
Gross Margin (Latest Quarter)
CCCC100.0%
CRDF100.0%
0.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| CYBN | $413.02M | -2.5 | -51.8% | 15.9% |
| PEPG | $374.68M | -1.9 | -84.1% | 9.2% |
| ACHV | $298.11M | -3.7 | -196.7% | 19.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Research & Insights
Next earnings:Feb 23, 2026
EPS:-$0.38
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 12, 2025|Revenue: $0.00+0.0%|EPS: $0.55-183.3%N/AForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $0.00+0.0%|EPS: $-0.70-19.5%N/AForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 8, 2025|Revenue: $0.00+0.0%|EPS: $-0.92+46.0%N/AForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 24, 2025|Revenue: $0.00+0.0%|EPS: $-2.85+13.6%N/AForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 7, 2024|Revenue: $0.00+0.0%|EPS: $-0.66-32.7%N/AForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 8, 2024|Revenue: $0.00+0.0%|EPS: $-0.87+6.1%N/AForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 14, 2024|Revenue: $0.00+0.0%|EPS: $-0.63-8.7%N/AForm 10-K/A - FY 2023
Period End: Dec 31, 2023|Filed: Mar 29, 2024|Revenue: $0.00+0.0%|EPS: $-3.30+25.3%N/A