PepGen Stock Takes a Sharp Dive Following DMD Drug Study Results
Tuesday, 30 July 2024, 23:37
PepGen Stock Decline Overview
PepGen's stock has taken a significant hit, tumbling by 25% following the release of its latest Duchenne Muscular Dystrophy (DMD) drug data.
Key Factors Behind the Decline
- The results from the clinical trials were less effective than expected.
- Investor sentiment turned sour, reflecting the broader market concerns.
Future Outlook
As the company works through these challenges, market analysts recommend keeping a close watch on any forthcoming announcements from PepGen.
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