Clinical ProgressRPT904 is partially de-risked with Phase 1 healthy volunteer data in China from Jemincare, and is being evaluated in ongoing Phase 2 trials in asthma and CSU in China.
Financial StabilityRAPT announced a $150 million private placement to shore up capital resources and fund their new clinical plans.
Market OpportunityRAPT highlighted the market opportunity for RPT904 in food allergy, with a significant number of individuals in the US and a strong potential for peak US sales.