Rani Therapeutics signs up to $1.09 billion licensing deal with Japan's Chugai Pharma

Rani Therapeutics Holdings

17/10/2025 12:41

Oct 17 (Reuters) - Rani Therapeutics RANI.O said on Friday it has agreed a deal to license an oral drug to Japan's Chugai Pharmaceutical 4519.T, with an option to extend it to up to five drugs, potentially bringing the total deal value to $1.09 billion.

 (Reporting by Puyaan Singh in Bengaluru; Editing by Vijay Kishore)

 ((Puyaan.Singh@thomsonreuters.com;))