March 26, 2026 - 19:52

Rani Therapeutics has unveiled a significant strategic collaboration and provided updates on its innovative oral drug delivery technology. The company has entered into a partnership with Chugai Pharmaceutical Co., potentially worth up to $1.085 billion, to develop and commercialize multiple high-value therapeutics using Rani's proprietary platform. Concurrently, Rani bolstered its financial position with a $60.3 million oversubscribed private placement, attracting investment from leading life science firms.
On the scientific front, Rani reported promising preclinical data for its flagship RaniPill® technology. The data demonstrated the successful oral delivery of semaglutide, a widely used GLP-1 receptor agonist, achieving systemic exposure comparable to subcutaneous injection. This milestone highlights the platform's potential to transform injectable biologics into convenient oral medications.
Furthermore, the company presented preclinical results for RT-114, a novel bispecific GLP-1/GLP-2 dual agonist candidate. The data indicated that oral delivery via the RaniPill achieved bioequivalence to subcutaneous administration, supporting its continued development. These advancements underscore Rani's progress in creating a new paradigm for patient-friendly, needle-free treatment options for chronic diseases. The company is focusing its resources on advancing its key pipeline programs toward clinical development.
June 25, 2026 - 01:34
Qualcomm debuts line of AI data center chips and systems, increasing competition with NvidiaQualcomm is expanding its lineup of artificial intelligence hardware for data centers, signaling a more aggressive push into a market long dominated by Nvidia. The company announced a new series of...
June 24, 2026 - 01:15
Mega landlord irate over new super borrowing ban for Aussies as industry erupts: 'This is insanity'After almost 20 years, Australians will lose the ability to use their superannuation to borrow for property investments, a move that has sparked outrage among major landlords and property industry...
June 23, 2026 - 17:50
Tradeweb Announces Date for Second Quarter 2026 Financial ResultsNEW YORK, June 23, 2026 -- Tradeweb Markets Inc., a global operator of electronic trading platforms across multiple asset classes, has scheduled the release of its financial results for the second...
June 23, 2026 - 00:49
Amazon Prime Day to spark online spending frenzy as Walmart, Target lean into deal daysAmazon`s annual Prime Day shopping event begins Tuesday, and the retail world is bracing for a surge in online spending. The two-day sale, reserved for Amazon Prime members, is expected to drive...