PepGen Reports Fourth Quarter and Full Year 2022 Financial Results and Recent Corporate Developments
In December 2022, PepGen announced IND-enabling preclinical data supporting the progression of PGN-EDODM1 for the treatment of DM1 into clinical studies.
- In December 2022, PepGen announced IND-enabling preclinical data supporting the progression of PGN-EDODM1 for the treatment of DM1 into clinical studies.
- Net loss was $14.9 million for the three months ended December 31, 2022, compared to $7.1 million for the same period in 2021.
- Net loss was $69.1 million for the year ended December 31, 2022, compared to $27.3 million for the same period in 2021.
- PepGen had approximately 23.7 million shares outstanding on December 31, 2022