Rani Partnership with ProGen on Development of Oral Obesity Treatment

 ~ New RT-114 obesity program combines ProGen’s FC Fusion protein conjugated GLP-1/GLP-2 dual agonist, PG-102, with the RaniPill® capsule designed to provide a differentiated oral delivery mechanism with bioavailability comparable to subcutaneous injection ~

~ Rani and ProGen to share responsibilities for the development and commercialization of RT-114, including a 50/50 cost and revenue share arrangement ~

~ Rani to host conference call today at 8:00 a.m. ET/5:00 a.m. PT ~

Rani will host a corresponding conference call and live webcast on June 24, 2024, at 8:00 a.m. ET/5:00 a.m. PT to discuss the ProGen collaboration. Individuals interested in listening to the live conference call may do so by using the webcast link in the “Investors” section of the Company’s website at www.ranitherapeutics.com. A webcast replay will be available in the investor relations section on the Company’s website for 90 days following the completion of the call.

https://www.globenewswire.com/news-release/2024/06/24/2902844/0/en/Rani-Therapeutics-Announces-Partnership-with-ProGen-on-Development-of-Oral-Obesity-Treatment.html