Company Directory > Biotech > Rani Therapeutics
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Rani Therapeutics is a clinical-stage biotherapeutics company focused on developing its proprietary RaniPill® platform, an orally ingestible capsule designed to replace subcutaneous or intravenous injections of biologics. The technology uses a mechanical process to deliver drug payloads directly into the intestinal wall, where the lack of pain receptors allows for painless administration with bioavailability comparable to injections. The company is actively advancing a pipeline of oral biologics, including biosimilars and novel therapeutics, to address chronic conditions that currently require frequent injections. Rani Therapeutics is headquartered in San Jose, California, and is publicly traded on the NASDAQ.
CLASSIFICATION
Company Type:Biotech
Industry:Biotechnology
Sub-Industry:Drug Delivery
SIZE & FINANCIALS
Employees:51-200
Revenue:$1M-$5M
Founded:2012
Ownership:public
Status:operating
FUNDING
Stage:Public
Investors:Samsara BioCapital, RA Capital, Anomaly, Special Situations Funds, Invus, Mir Imran
STOCK
Exchange:NASDAQ
Ticker:RANI
Market Cap:$0.11B
PIPELINE
Stage:Phase 1
Lead Drug Stage:Phase 1
Modalities:Biologics, Biosimilars, Peptides, Antibodies
Active Trials:1
Trial Phases:Phase 1: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:Chugai Pharmaceutical (collaboration for oral biologics, up to $1.085B), ProGen Co., Ltd. (RT-114 collaboration), Celltrion, Inc. (drug supply for biosimilars)
COMPETITION
Position:Emerging
Competitors:DiaCarta, Mission Bio, Quadrants Scientific
LEADERSHIP
Key Executives:
Mir Imran - Founder
Scientific Founders:Mir Imran
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