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Companies / Healthcare / PepGen Inc.
PEPG

PepGen Inc.

HealthcarePharmaceutical Preparations
Ticker PEPGBOSTON, MAFiscal year ends DecemberBook value per share $1.73Diluted shares 69.1M

PepGen Inc. (Nasdaq: PEPG) is a clinical-stage biotechnology company focused on developing next-generation oligonucleotide therapeutics for severe neuromuscular and neurologic diseases. The company's proprietary Enhanced Delivery Oligonucleotide (EDO) platform leverages cell-penetrating peptides to improve the uptake… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-89.66M
+0.4% year over year
Last 12 mo $-71.94M
-60.81%
+15.1 percentage points
Last 12 mo -60.19%
Cash & financing
$-81.64M
+0.9% year over year
Last 12 mo $-69.34M
$-81.90M
+1.2% year over year
Last 12 mo $-69.46M
—
42.2M
+33.7% year over year
Last 12 mo 69.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What PepGen Inc. does

In the company’s own words

PepGen Inc. (Nasdaq: PEPG) is a clinical-stage biotechnology company focused on developing next-generation oligonucleotide therapeutics for severe neuromuscular and neurologic diseases. The company's proprietary Enhanced Delivery Oligonucleotide (EDO) platform leverages cell-penetrating peptides to improve the uptake and activity of conjugated oligonucleotide therapeutics, enabling robust delivery to target tissues including skeletal, smooth, and cardiac muscle. The EDO platform represents over a decade of research and development and is engineered to optimize tissue penetration, cellular uptake, and nuclear delivery of therapeutic agents.

PepGen's lead product candidate is PGN-EDODM1, an EDO peptide conjugated to a phosphorodiamidate morpholino oligonucleotide (PMO) designed to treat myotonic dystrophy type 1 (DM1), a multi-systemic neuromuscular disease with no approved therapies and approximately 40,000 patients in the United States. PGN-EDODM1 binds to pathogenic cytosine-uracil-guanine repeat expansions in the DMPK messenger RNA, reducing sequestration of critical RNA binding proteins and correcting downstream mis-splicing events that drive disease pathology. The company has completed a Phase 1 clinical trial (FREEDOM) demonstrating robust, dose-dependent splicing correction and a favorable safety profile. A Phase 2 multiple ascending dose study (FREEDOM2) is currently enrolling patients across multiple geographies including Canada, the United Kingdom, South Korea, Australia, and New Zealand, with data readouts expected in 2026. An open-label extension study is also underway.

The company's manufacturing process is fully synthetic, scalable, and does not require cell-based processes, substantially reducing contamination risks. PGN-EDODM1 has received orphan drug designation and Fast Track designation from the FDA, as well as orphan medicinal product designation from the European Medicines Agency. PepGen maintains worldwide development and commercial rights to its technology and may selectively explore strategic collaborations to maximize platform value. The company website is www.pepgen.com.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
BOSTON, MA
Fiscal year end
December
CIK
1835597
SIC
2834

Financial performance, year by year

Fiscal 2022–2025 · USD
$-92.07M$-85.81M$-79.54M$-73.28M$-67.02M2022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns PepGen Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

24
funds hold it
0 of 35
superinvestors hold it
$5.68M
held by funds, at market
4.7%
of shares held by funds

Largest fund holders · PepGen Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Biotechnology ETF
IBB · iShares Trust
0.01%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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