Last deal

$10M

Amount

Post-IPO Equity

Stage

22.07.2024

Date

9

all rounds

$266.5M

Total amount

General

About Company
Rani Therapeutics is a clinical-stage biotech company that has developed a robotic pill for the oral delivery of biologic drugs.

Industry

Sector :

Subsector :

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Also Known As

Rani

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The RaniPill capsule, developed by Rani Therapeutics, is a novel technology that replaces the need for injections by delivering a precise therapeutic dose of medication to the intestinal wall. This platform has the potential to transform medicine and improve outcomes for millions of patients who currently rely on chronic self-injections. Rani Therapeutics has successfully conducted preclinical and clinical studies to evaluate safety and bioavailability using the RaniPill capsule, and their extensive intellectual property portfolio provides a competitive advantage in the market. The company has raised significant funding from investors such as Google Ventures, Novartis, and AstraZeneca to support the development and commercialization of their innovative oral drug delivery technology.
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