Clinical RisksRisks include, but are not limited to: negative Phase 2 data; negative clinical readouts with other candidates; failure to achieve approvals for key pipeline projects; possible partnership risk; slower-than-projected market uptake.
Financial PerformanceRani Therapeutics reported 1Q25 results with a net loss of ($12.7M) and ended the period with $15.9M in cash, indicating the company will require additional capital in the near term.
Funding RequirementRani disclosed a letter agreement with an existing investor resulting in gross proceeds of $4.3M from warrant exercise, highlighting the need for additional funding.