Rani Therapeutics Holdings posts net loss of $31.9 million for Q3 2025

Reuters
2025.11.06 21:44
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Rani Therapeutics Holdings Inc. reported a net loss of $31.9 million for the nine months ended September 30, 2025, a 22% decrease from a net loss of $40.9 million in the same period of 2024. The net loss attributable to the company was $19.4 million, down 8.1% from $21.1 million the previous year. Contract revenue was $0.2 million, attributed to an agreement with Chugai, compared to no revenue in 2024. The company is focused on developing its oral delivery technology and pursuing partnerships with biopharmaceutical firms.