Innovative Drug DeliveryRani Therapeutics has developed the RaniPill capsule, which is a novel, proprietary, and patented platform technology intended to replace subcutaneous injection or intravenous infusion of biologics and drugs with oral administration.
Market PotentialRani’s pipeline in psoriasis, psoriatic arthritis, hypoparathyroidism, and obesity presents an opportunity to tap into a global biologics market that reached $516B in 2022 and is expected to grow to $856B by 2031.
Strategic PartnershipsThe partnership positions Rani in the GLP-1/obesity space, with the potential for significant economic benefits and the ability to conduct further development with other GLP-1 drugs.