PepGen reports third quarter net loss of $18.0 million

Reuters

2025/11/12

PepGen reports third quarter net loss of $18.0 million

PepGen Inc. reported a net loss of $18.0 million, or $(0.52) per basic and diluted share, for the three months ended September 30, 2025, compared to a net loss of $21.4 million, or $(0.66) per share, in the same period of 2024. Research and development expenses were $13.4 million, down from $17.7 million, while general and administrative expenses were $5.2 million, compared to $5.4 million in the previous year. As of September 30, 2025, PepGen held $163.7 million in cash, cash equivalents, and marketable securities, with a cash runway projected into the second half of 2027. During the quarter, the company highlighted positive clinical data from its FREEDOM-DM1 program and completed enrollment in the FREEDOM2-DM1 study, with a readout expected in the first quarter of 2026. PepGen also completed a $115 million financing round.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PepGen Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251112398555) on November 12, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PepGen Inc. published the original content used to generate this news brief via Business Wire (Ref. 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