RaniPill® capsule
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Recent Market Trends Highlight Top Gainers
Financial Modeling Prep· 2025-10-31 22:00
Group 1: AMTD Digital Inc. - AMTD Digital Inc. (NYSE:HKD) leads the market with a 93.49% price increase to $3.27, driven by a trading volume of approximately 286.36 million [1][6] - The surge in stock price is supported by a remarkable 1,085.9% revenue increase for the six months ending April 30, 2025, following the consolidation of The Generation Essentials Group as a subsidiary since October 2024 [1][6] Group 2: Beneficient - Beneficient (NASDAQ:BENF) experienced a 57.18% increase in its stock price to $0.87, with a trading volume of over 113.62 million [2][6] - The company has regained compliance with Nasdaq's periodic filing and market value requirements, which may have contributed to heightened investor interest [2] Group 3: Rani Therapeutics Holdings, Inc. - Rani Therapeutics Holdings, Inc. (NASDAQ:RANI) saw a 50.69% increase in its stock price to $2.18, with a trading volume of over 31.48 million [3] - The company is set to present preclinical data on its innovative RaniPill® capsule at ObesityWeek® 2025, potentially fueling investor interest [3] Group 4: YD Bio Limited Warrants - YD Bio Limited Warrants (YDESW) experienced a 47.06% increase in its stock price to $1.5, despite a smaller trading volume of 22,699 [4] - The company's focus on detection and therapeutic technologies has shown promising growth potential, attracting investor attention [4] Group 5: Market Overview - The significant price changes and trading volumes reflect a dynamic market environment, with investors showing keen interest in companies across various sectors [5]
Rani Therapeutics to Present Preclinical Data on Oral Delivery of Semaglutide via the RaniPill® Capsule at ObesityWeek® 2025
Globenewswire· 2025-10-30 12:00
Core Insights - Rani Therapeutics is set to present preclinical data on its RaniPill® capsule at ObesityWeek® 2025, highlighting its oral delivery platform for biologics and drugs [1][2] Group 1: Presentation Details - The presentation will focus on the bioequivalence of oral Semaglutide (RT-116) in dogs compared to subcutaneous injections, demonstrating similar weight loss effects [1] - The session will take place on November 6, 2025, from 2:30 pm to 3:30 pm E.T. at the Georgia World Congress Center, with poster number 647 [1] Group 2: Company Overview - Rani Therapeutics is a clinical-stage biotherapeutics company dedicated to developing technologies for orally administered biologics and drugs [2] - The RaniPill® capsule is a proprietary and patented platform technology aimed at replacing subcutaneous injections or intravenous infusions with oral dosing [2] - The company has successfully conducted multiple preclinical and clinical studies to assess the safety, tolerability, and bioavailability of the RaniPill® capsule technology [2]
Rani Therapeutics Announces the Appointments of Abe Bassan and Vasudev Bailey, Ph.D. to Board of Directors
Globenewswire· 2025-10-23 20:05
Core Insights - Rani Therapeutics has appointed two new members, Abe Bassan and Vasudev Bailey, to its Board of Directors, while Andrew Farquharson and Maulik Nanavaty have stepped down [1][2] Group 1: Board Appointments - Abe Bassan is a Partner at Samsara BioCapital, with a background in supporting therapeutics programs and experience in gene therapy [2][3] - Vasudev Bailey, Ph.D., is a General Partner at Anomaly Ventures and has a strong track record in health technology investments, along with experience in cancer detection technology [3] Group 2: Financial Developments - Rani Therapeutics has closed a private placement expected to yield gross proceeds of approximately $60.3 million, led by Samsara BioCapital [4] Group 3: Company Overview - Rani Therapeutics focuses on developing technologies for the oral delivery of biologics and drugs, with its proprietary RaniPill® capsule designed to replace injections with oral dosing [5]
Rani Therapeutics Announces Closing of Oversubscribed $60.3 Million Private Placement Priced At-the-Market under Nasdaq Rules
Globenewswire· 2025-10-23 20:01
Core Points - Rani Therapeutics closed a private placement with institutional and accredited investors, raising gross proceeds of $60.3 million [1][3] - The private placement included the issuance of 42,633,337 shares of Class A common stock at $0.48 per share and pre-funded warrants at $0.4799 per warrant [4] - The company plans to use the net proceeds to advance its pipeline using the RaniPill® platform and expects to fund operations into 2028 [3][11] Private Placement Details - The private placement was led by Samsara BioCapital, with participation from RA Capital Management, Anomaly, Special Situations Funds, Invus, and executive chairman Mir Imran [5][8] - The accompanying warrants allow for the purchase of up to 125,000,004 shares of Class A common stock at an exercise price of $0.48 per share [4] - Avenue Venture Opportunities Fund converted $6 million of outstanding debt into 12,500,000 shares of Class A common stock, reducing the company's total debt obligations [7] Financial Projections - The net proceeds from the private placement, along with an upfront payment of $10 million and a technology transfer milestone of $18 million from Chugai Pharmaceuticals, are expected to support operations until 2028 [3] - The company has entered into a registration rights agreement to file a registration statement with the SEC for the resale of the shares and warrants issued in the private placement [9]
Rani Therapeutics Announces Oversubscribed $60.3 Million Private Placement Priced At-the-Market under Nasdaq Rules
Globenewswire· 2025-10-17 11:31
Core Viewpoint - Rani Therapeutics has announced a private placement of Class A common stock and accompanying warrants, expected to generate approximately $60.3 million in gross proceeds, aimed at funding operations into 2028 and advancing its RaniPill® platform [1][3][4] Private Placement Details - The private placement will involve the issuance of 42,633,337 shares of Class A common stock at a price of $0.48 per share and pre-funded warrants at $0.4799 per warrant, with an exercise price of $0.0001 per share for the pre-funded warrants [5] - The accompanying warrants will allow the purchase of up to 125,000,004 shares of Class A common stock at an exercise price of $0.48 per share, exercisable upon stockholder approval [5][6] Use of Proceeds - Net proceeds from the private placement, along with an upfront payment of $10 million and an expected $18 million technology transfer milestone from Chugai Pharmaceuticals, will support the company's operations and pipeline development through 2028 [3][4] Strategic Partnerships - The financing is seen as a pivotal moment for Rani, combining its oral delivery technology with Chugai's expertise in antibody development, aiming to create transformative oral therapies for rare diseases [4][12] Investor Participation - The private placement was led by Samsara BioCapital, with participation from other investors including RA Capital Management and Anomaly, and includes a provision for Samsara and Anomaly to designate board members [6][7][8] Debt Conversion - Avenue Venture Opportunities Fund will convert $6 million of outstanding debt into 12,500,000 shares of Class A common stock and receive warrants on the same terms as other investors, reducing the company's debt obligations [9]
Rani Therapeutics Holdings, Inc. Announces Pricing of $3.0 Million Registered Direct Offering
GlobeNewswire News Room· 2025-07-15 13:00
Group 1 - Rani Therapeutics has entered into a securities purchase agreement for the sale of 4,354,000 shares of Class A common stock at $0.40 per share and pre-funded warrants for 3,146,000 shares at $0.3999 per share [1][2] - The offering is expected to close on or about July 16, 2025, with gross proceeds estimated at approximately $3.0 million before deducting fees and expenses [2] - The securities are being offered under a "shelf" registration statement declared effective by the SEC on August 10, 2022, and a final prospectus supplement will be filed with the SEC [3] Group 2 - Rani Therapeutics is a clinical-stage biotherapeutics company focused on oral delivery technologies for biologics and drugs, including the RaniPill® capsule [4] - The RaniPill® capsule is designed to replace subcutaneous injections or intravenous infusions with oral dosing, and the company has conducted several studies to evaluate its safety and bioavailability [4]
Rani Therapeutics and ProGen Announce Late Breaking Presentation at ENDO 2025 Demonstrating Bioequivalence of Novel, Bispecific GLP-1/GLP-2 Receptor Agonist Delivered Orally via RaniPill Compared to Subcutaneous Delivery
GlobeNewswire News Room· 2025-07-14 09:00
Core Insights - Rani Therapeutics announced the presentation of preclinical data on the RaniPill® capsule at the Endocrine Society's Annual Meeting (ENDO 2025) [1] - The focus of the presentation is on the oral delivery of a bispecific GLP-1/GLP-2 receptor agonist (PG-102) via a robotic pill (RT-114), which achieved bioequivalence to subcutaneous injection in canines [1] Company Overview - Rani Therapeutics is a clinical-stage biotherapeutics company that specializes in the oral delivery of biologics and drugs [3] - The company has developed the RaniPill® capsule, a proprietary and patented platform technology aimed at replacing subcutaneous injections or intravenous infusions with oral dosing [3] - Rani has conducted several preclinical and clinical studies to assess the safety, tolerability, and bioavailability of the RaniPill® capsule technology [3] Presentation Details - The presentation is categorized as a poster presentation under the session titled "Adipose Tissue, Appetite, and Obesity: From Breakthroughs to Real-World Challenges" [2] - The session is scheduled for July 14, 2025, from 12:00 PM to 1:30 PM PT, with the poster number MON-691 [2] - The presenting author is Anvesh Dasari, PhD [2]
Rani Therapeutics and ProGen Announce Late Breaking Presentation at ENDO 2025 Demonstrating Bioequivalence of Novel, Bispecific GLP-1/GLP-2 Receptor Agonist Delivered Orally via RaniPill Compared to Subcutaneous Delivery
Globenewswire· 2025-07-14 09:00
Core Insights - Rani Therapeutics announced the presentation of preclinical data on the RaniPill® capsule at the Endocrine Society's Annual Meeting (ENDO 2025) [1][2] - The focus of the presentation is on the oral delivery of a bispecific GLP-1/GLP-2 receptor agonist (PG-102) via a robotic pill (RT-114), which achieved bioequivalence to subcutaneous injection in canines [1] Company Overview - Rani Therapeutics is a clinical-stage biotherapeutics company that specializes in the oral delivery of biologics and drugs [3] - The company has developed the RaniPill® capsule, a proprietary and patented platform technology aimed at replacing subcutaneous injections or intravenous infusions with oral dosing [3] - Rani has conducted several preclinical and clinical studies to assess the safety, tolerability, and bioavailability of the RaniPill® capsule technology [3]
Rani Therapeutics Reports First Quarter 2025 Financial Results; Provides Corporate Update
Globenewswire· 2025-05-13 20:05
Core Insights - Rani Therapeutics announced promising preclinical data for RT-114, a bispecific GLP-1/GLP-2 receptor agonist, demonstrating bioequivalence to subcutaneous administration when delivered orally via the RaniPill® capsule [1][7] - The company plans to initiate a Phase 1 clinical trial for RT-114 targeting obesity in mid-2025 [4] - Financial results for Q1 2025 show a net loss of $12.7 million, an improvement from a net loss of $14.8 million in Q1 2024 [5][13] Preclinical Developments - Preclinical studies indicated that RT-114 achieved a relative bioavailability of 111% compared to subcutaneously administered PG-102, with similar pharmacokinetic profiles [7] - Successful oral delivery of semaglutide via the RaniPill® capsule was also reported, showing comparable bioavailability and weight loss to subcutaneous administration [7] Financial Performance - As of March 31, 2025, cash, cash equivalents, and marketable securities totaled $15.9 million, down from $27.6 million at the end of 2024 [7] - Contract revenue for Q1 2025 was $0.2 million, a new revenue stream compared to no contract revenue in Q1 2024 [7] - Research and development expenses decreased to $6.6 million from $7.6 million in the same period last year, primarily due to lower compensation costs [7] Company Overview - Rani Therapeutics is focused on the oral delivery of biologics and drugs, utilizing the RaniPill® capsule technology to replace traditional subcutaneous injections [8] - The company aims to make oral biologics a reality for patients, particularly those living with obesity [2]