PepGen has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $80,100,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, PepGen is raising $80,100,000.00 in new funding. About PepGen: PepGen Inc., a clinical-stage biotechnology company, focuses on the development of oligonucleotide therapeutics for use in the treatment of severe neuromuscular and neurologic diseases. Its lead product candidate is PGN-EDO51, an EDO peptide that id in Phase I clinical trial to treat individuals with Duchenne muscular dystrophy (DMD). The company is also developing PGN-EDODM1, an EDO peptide-conjugated PMO, which is in Phase 1 clinical trial for the treatment of myotonic dystrophy type 1, as well as EDO therapeutic candidates, such as PGN-EDO53, PGN-EDO45, and PGN-EDO44 for the treatment of DMD. PepGen Inc. was founded in 2018 and is headquartered in Boston, Massachusetts.
To learn more about PepGen, visit http://www.pepgen.com/
Contact:
James McArthur, President and Chief Executive Officer
781-797-0979
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