Financial StrategyRAPT 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.
Product DevelopmentRAPT gaining worldwide development and commercialization rights to RPT904, excluding mainland China, Hong Kong, and Macau, represents a constructive step forward for their broader immunology pipeline.