PepGen to Pause Study in Duchenne Muscular Dystrophy; Shares Down Pre-Bell

MT Newswires Live

03-04

PepGen Inc.-4.24%

PepGen (PEPG) said Tuesday it has made a voluntary decision to temporarily pause its CONNECT2-EDO51 phase 2 study of PGN-EDO51 in Duchenne muscular dystrophy patients until it can review results from an ongoing study.

Pausing the study until PepGen is able to review results from the 10 mg/kg group in the phase 2 CONNECT1-EDO51 trial "will allow us to gather additional safety data, assess the impact of this dose of PGN-EDO51 on dystrophin levels, and potentially improve the design of CONNECT2," said James McArthur, CEO of PepGen.

PepGen shares were down 11% in premarket activity Tuesday.

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