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Friday, August 30, 2024

Rani to partner on obesity treatment

 Announced partnership with ProGen on development of RT-114, an oral GLP-1/GLP-2 dual agonist for the treatment of obesity -

- Phase 1 study for RT-114 expected to initiate in 2025 -

- Completed equity offering with gross proceeds of approximately $10.0 million -

- Presented clinical and preclinical data on oral delivery of an ustekinumab biosimilar via the RaniPill® Capsule at Digestive Disease Week 2024 -

https://finance.yahoo.com/news/rani-therapeutics-reports-second-quarter-200500551.html

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