What is the current cash runway and burn rate, and when does the company expect to need additional financing?
Answer
The press release you referenced (PepGen Inc.âs SecondâQuarterâŻ2025 financial results) does not include the specific figures for:
- Current cash runway (i.e., how many months of operating cash the company has on hand)
- Burn rate (i.e., the net cash outflow per month or per quarter)
- When the company expects to need additional financing (e.g., the anticipated timing of a financing event or capital raise)
These details are typically disclosed in the âLiquidity and Capital Resourcesâ or âCash Flowâ sections of a quarterly earnings release, but the excerpt you provided stops short of that portion of the filing. Consequently, based solely on the information supplied, we cannot state PepGenâs cash runway, burn rate, or the projected date when it will require further financing.
What you can do next
Locate the full press release â The complete PepGen Q2âŻ2025 earnings announcement (often posted on Business Wire, the companyâs investorârelations website, or the SECâs EDGAR system) will contain a âLiquidity and Capital Resourcesâ paragraph that typically reads something like:
âAs of JuneâŻ30âŻ2025, the company had $X million in cash and cash equivalents, which we expect will fund operations through the end of [Month/Year], assuming we continue to incur cash outflows of approximately $Y million per month (our current burn rate). We anticipate that we will need to raise additional capital in the fourth quarter of 2025 (or another specific timeframe).â
Check the SEC FormâŻ10âQ â PepGenâs quarterly report filed on FormâŻ10âQ for the quarter ending JuneâŻ30âŻ2025 will have the same cashâbalance and cashâflow details, often with a more granular breakdown of operating, investing, and financing cash flows.
Contact Investor Relations â If the public documents still do not provide a clear timeline, PepGenâs IR team can be reached via the contact information listed at the bottom of the press release for clarification on cashârunway expectations and financing plans.
Bottom line: The current pressârelease excerpt does not contain the cashârunway, burnârate, or financingâtimeline data youâre looking for. To obtain those specifics, youâll need to review the full earnings release or the accompanying SEC filing.