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Companies / Health Care / PepGen Inc.
PEPG

PepGen Inc.

Health CarePharmaceutical 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 developing oligonucleotide therapeutics for severe neuromuscular and neurologic diseases. Its proprietary Enhanced Delivery Oligonucleotide (EDO) platform uses cell-penetrating peptides conjugated to oligonucleotide medicines to support delivery into… From the company’s description.

In fiscal 2025, PepGen Inc. reported a net loss of $89.66M. Operations used $81.64M in cash.

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%FY2025
$-89.66MFY2025
+0.4% year over year
Last 12 mo $-71.94M
-60.81%FY2025
+15.1 percentage points
Last 12 mo -60.19%
Cash & financing
$-81.64MFY2025
+0.9% year over year
Last 12 mo $-69.34M
$-81.90MFY2025
+1.2% year over year
Last 12 mo $-69.46M
—
42.2MFY2025
+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 developing oligonucleotide therapeutics for severe neuromuscular and neurologic diseases. Its proprietary Enhanced Delivery Oligonucleotide (EDO) platform uses cell-penetrating peptides conjugated to oligonucleotide medicines to support delivery into cells and their nuclei. PepGen’s lead candidate, PGN-EDODM1, is being developed for myotonic dystrophy type 1 (DM1). It is designed to bind expanded repeats in DMPK messenger RNA, freeing the MBNL1 protein and addressing disease-related RNA mis-splicing without degrading the DMPK transcript. The program includes FREEDOM, a completed Phase 1 study; FREEDOM2, a Phase 2 multiple-dose study; and an open-label extension study. PepGen’s work is primarily focused on PGN-EDODM1, while it also develops the EDO platform for potential use with other therapeutic cargos and in additional disease areas. The company’s platform technology originated in more than a decade of academic research at the Medical Research Council Laboratory of Molecular Biology and the University of Oxford.

Company details
Sector
Health Care
Industry (SIC)
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
—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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