earnings
confidence high
sentiment neutral
materiality 0.50
PepGen Q3 net loss $21.4M; cash $138.9M; DM1/DMD trial updates expected 2025
PepGen Inc.
2024-Q3 EPS reported
-$2.17
- Net loss of $21.4M ($0.66 per share) vs $23.3M ($0.98) in Q3 2023.
- Cash and equivalents of $138.9M as of Sept 30, 2024, funding operations into 2026.
- R&D expense $17.7M (down 14% YoY); G&A $5.4M (up 29% YoY).
- FREEDOM-DM1 5 & 10 mg/kg data expected Q1 2025; 15 mg/kg cohort in H2 2025.
- Appointed Paul Streck, MD, MBA, as EVP and Head of R&D in August 2024.