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via seekingalpha.comMarkets

PepGen climbs 100% as BofA upgrades on new mid-stage trial data for lead asset

FROM THE WIRE · SEEKINGALPHA.COM

[Currency-US Dollar Up] ModernLife PepGen (PEPG [https://seekingalpha.com/symbol/PEPG]) climbed more than 100% on Tuesday as Bank of America upgraded the company following additional data from a mid-stage trial for its lead asset, PGN-EDODM1, in myotonic dystrophy type 1, a rare…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA major bank upgrade backed by new clinical data drove a sharp rally in this small-cap biotech.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01PepGen shares climbed more than 100% on Tuesday.
  2. 02Bank of America upgraded the company after new Phase 2 data for PGN-EDODM1.
  3. 03Mean splicing correction reached 46.5% at Week 13 versus 6.8% for placebo.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
PepGen Inc.PEPGStock4.46 USD-1.87%today +86.40%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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