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Shareholders Who Lost Money on PepGen Inc. (NASDAQ: PEPG) Should Contact Wolf Haldenstein - PepGen (NASDAQ:PEPG)

  • On May 28, 2025, PepGen Inc. announced it was ending its Duchenne muscular dystrophy programs after PGN-EDO51 failed to produce the expected increase in dystrophin in the CONNECT1 trial.
  • This decision followed earlier events in 2024 and 2025, including FDA clinical holds and safety concerns that emerged after PepGen initially reported positive but ultimately disappointing clinical data from the CONNECT1 trial.
  • PepGen's initial July 30, 2024, press release claimed PGN-EDO51 achieved a mean dystrophin level of 0.61%, but analysts noted this was below PepGen's 1% target and raised questions about the drug’s efficacy and safety.
  • Following the FDA's clinical hold on CONNECT2 in December 2024 and subsequent voluntary study pause in March 2025, PepGen's stock price declined significantly, including a 32.69% drop on July 31, 2024, and an 18.86% drop on March 4, 2025.
  • A securities class action has been filed against PepGen and some of its top executives, accusing them of providing false or misleading information regarding the clinical performance, regulatory outlook, and commercial potential of PGN-EDO51. The deadline to seek lead plaintiff status in the case is August 11, 2025.
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PEPG Investors Have Opportunity to Lead PepGen Inc. Securities Fraud Lawsuit

NEW YORK, June 10, 2025 /PRNewswire/ -

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Business Wire broke the news in Crystal River, United States on Tuesday, June 10, 2025.
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