Rani Therapeutics Holdings, Inc. · NASDAQ:RANI

Rani Therapeutics — Technical Presentation (December 2022)

30 slides from Rani Therapeutics's technical presentation, December 2022

  1. Slide 1: RT-102 Phase I Study Part 2: Repeat-Dose Update

    RT-102 Phase I Study Part 2: Repeat-Dose Update December 2022

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements This presentation and the accompanying oral statements contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act. Fo

  3. Slide 3: Presentation Overview

    Presentation Overview • Topline results from Part 2 of our RT-102 Phase 1 study – Seven-day repeat-dose study in healthy volunteers • First repeat-dose study of RaniPill capsule in humans collecting data on: – Safety – Tolerability – Device Reliability • Important data – For the RT-102 program and P

  4. Slide 4: RT-102 Phase 1 Study Design

    RT-102 Phase 1 Study Design Objective: To Evaluate the Safety, Tolerability and Pharmacokinetics of Parathyroid Hormone (1-34) (PTH) Administered Orally via RaniPill™ Capsule Part 1 : Single ascending doses of RT-102 • RT-102 Group 1: 20µg (N=15) • RT-102 Group 2: 80µg (N=15) • Control Group: Forteo

  5. Slide 5: Part 1 Summary

    Part 1 Summary • Safety & Tolerability – Both doses of RT-102 were well tolerated – No serious adverse events (SAEs) reported in the study – No adverse events (AEs) related to RaniPill reported • Device Performance – Drug delivery success rate of 95% • Pharmacokinetics – Bioavailability of PTH deliv

  6. Slide 6: Part 2: Arvinder Dhalla, PhD, Vice President, Clinical Development

    Part 2: Arvinder Dhalla, PhD Vice President, Clinical Development

  7. Slide 7: Part 2 Study Overview

    Part 2 Study Overview A Phase I Study to Evaluate the Pharmacokinetics of Parathyroid Hormone (1-34) (PTH) Administered Orally via RaniPill™ Capsule Objective To evaluate the safety and tolerability of repeat-doses of RT-102 Study Population Healthy women and Post-menopausal women (N=10) Study Site

  8. Slide 8: Repeat-Dose: Study Procedures

    Repeat-Dose: Study Procedures Days 1-6 Participant Dosed 3 hr. 6 hr. 9 hr. Fast >8 hrs. Food provided Fluoro image taken Blood Blood Blood Blood sample Sample Sample Sample Day 7 Participant Dosed 3 hr. Fast >8 hrs. Serial fluoroscopic imaging done to determine T=0 Start PK sampling….. Blood Liquids

  9. Slide 9: Topline Results

    Topline Results

  10. Slide 10: Study Demographics

    Study Demographics Healthy Women Post-Menopausal N=5 N=5 Age 25.6 years (22 - 35) 60 years (54 - 65) Race % (n/N) % (n/N) Hispanic 20 (1/5) 0 (0/5) White-non-hispanic 20 (1/5) 100 (5/5) Asian 40 (2/5) 0 (0/5) Asian-Pacific Islander 20 (1/5) 0 (0/5) Mean ± SD (Min - Max) Mean ± SD (Min - Max) Weight

  11. Slide 11: Exclusions after Enrollment

    Exclusions after Enrollment • Enrollment was done on a rolling basis to complete ten subjects, total number of participants enrolled were 17 • Seven participants did not complete 7 days of dosing due to exclusions per protocol – Two participants started menstruation on Day 4 – One participant had ca

  12. Slide 12: Adverse Events

    Adverse Events Adverse Event Incidence Constipation* 1 (10%) PTH-related Diarrhea* 1 (10%) RaniPill-related Abdominal Pain 1 (10%) * Same subject reported both AEs on different days 12

  13. Slide 13: Daily Drug Delivery by RaniPill with Repeat-Dosing

    Daily Drug Delivery by RaniPill with Repeat-Dosing Drug signal detected in 63 out of 69 deployments* = at least 91% Success Rate Subject # Type Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 1 HW ✓ ✓ ✓ ✓ ✓ ✓ ✓ 2 HW ✓ ✓ ✓ ✓ ✓ ✓ ✓ 3 HW ✓  ✓ ✓ 80% ✓ ✓ ✓ 4 HW  ✓ ✓ ✓ ✓ ✓ ✓ 5 HW ✓  ✓ ✓ ✓ ✓ ✓ 6 PM ✓ ✓ ✓ ✓ ✓

  14. Slide 14: Presence of Food Did Not Impact Device Performance

    Presence of Food Did Not Impact Device Performance • On Days 1-6, food was consumed at 3 hrs. after capsule administration to all enrolled subjects • During this period, there were a total of 72 successful deployments • 35 were recorded before food was consumed (fasted) • 37 were recorded after food

  15. Slide 15: Serum hPTH Concentration: PK Profile of PTH Delivered via RaniPill

    PK Profile of PTH Delivered via RaniPill Drug levels were observed in all 10 subjects on Day 7 = 100% success rate 300 Serum hPTH Concentration RT-102 20μg Part 2 (N=10) Forteo SC 20μg Part 1 (N=10) 200 (pg/mL) 100 0 0 120 240 360 480 600 720 840 960 Time (min) • These data corroborate the high bioa

  16. Slide 16: Repeat Doses of RT-102 Key Takeaways

    Repeat Doses of RT-102 Key Takeaways • RT-102 was well tolerated with repeat dosing • No SAEs were reported in the study • Device remnants were eliminated without sequelae in all subjects • RT-102 RaniPill delivered PTH with reliability of >90% • Device performance was unaffected by presence of food

  17. Slide 17: Next Steps Talat Imran, CEO

    | ; Next Steps ™ Talat Imran, CEO . Rani THERAPEUTICS

  18. Slide 18: Next Steps and Upcoming Potential Milestones

    Next Steps and Upcoming Potential Milestones • Pre-IND meeting request • Conduct 28-day GLP study – Early 2023 • Initiate Phase 2 Study – 2H 2023 • Plan to publish RT-102 Phase 1 Study results • Additional 2023 prospective milestones: – Initiation of a Phase 1 study of RT-111 containing an ustekinum

  19. Slide 19: Appendix

    Appendix

  20. Slide 20: Study Demographics

    Study Demographics Total Cohort (N=17) Completed Dosing (N=10) Healthy Women Post-menopausal Healthy Women Post-menopausal N=11 N=6 N=5 N=5 Age 28 years (22 - 49) 58.8 years (53 - 65) 25.6 years (22 - 35) 60 years (54 - 65) Race % (n/N) % (n/N) % (n/N) % (n/N) Hispanic 18.2 (2/11) 0 (0/6) 20 (1/5) 0

  21. Slide 21: Adverse Events

    Adverse Events All Enrolled Participants Adverse Event Participants Completed 7 days (N=17) (N=10) Constipation* 1 (5.9%) 1 (10%) PTH-related Diarrhea* 1 (5.9%) 1 (10%) Headache 1 (5.9%) 0 Abdominal Pain 2 (11.8%) 1 (10%) RaniPill-related Burping 1 (5.9%) 0 Data from Part 2 of the Phase 1 study of R

  22. Slide 22: Device Performance with Repeat Doses

    Device Performance with Repeat Doses Data from 10 participants who completed the 7-day repeat-dosing Drug signal detected in 63 out of 69 deployments* At least 91% Success Rate Data from all 17 participants Drug signal detected in 82 out of 93 deployments* At least 88% Success Rate *Deployment confi

  23. Slide 23: RT-102 Phase 1: Oral Administration of PTH (1-34) Via the RaniPill and PD Studies for Osteoporosis

    RT-102 Phase 1: Oral Administration of PTH (1-34) Via the RaniPill and PD Studies for Osteoporosis

  24. Slide 24: RT-102 Phase 1 Study Overview

    RT-102 Phase 1 Study Overview Study Design To evaluate the safety, tolerability and pharmacokinetics (PK) of Parathyroid Hormone (1-34) (PTH) administered orally via the RaniPill Capsule in single ascending doses* Study Details Methods • Two RT-102 treatment groups in healthy • Transit of RaniPill c

  25. Slide 25: RT-102 Phase 1 (Part 1) Study Results

    RT-102 Phase 1 (Part 1) Study Results Study Results • RT-102 was generally well-tolerated by all subjects • No serious adverse events noted in the study • No subject excluded due to difficulty swallowing the capsule • Capsule remnants passed out in all subjects Incidence of Adverse Events RT-102 20µ

  26. Slide 26: RaniPill Delivered PTH with Higher Bioavailability than SC

    RaniPill Delivered PTH with Higher Bioavailability than SC 1000 PK Parameters RT-102-20 (N=12) 800 RT-102-80 (N=14) Forteo SC RT-102 RT-102 Forteo SC-20 (N=10) 20µg 20µg 80µg 600 Cmax (pg/mL) 128 ± 20 98 ± 10 971 ± 223 PTH (pg/ml) 400 Tmax (minutes) 13 68 60 200 AUC (pg*h/mL) 126 ± 64 342 ± 36 2600

  27. Slide 27: RT-102 80µg PK Profile is Similar to Tymlos at 80µg

    RT-102 80µg PK Profile is Similar to Tymlos®* at 80µg** RT-102 Phase I Data - Dose 80µg Tymlos Package Insert - Dose 80µg 1000 PTH Concentration 800 600 (pg/ml) 400 200 0 0 5 10 15 20 25 Time (Hours) • Cmax 971 (223) pg/mL • Cmax 812 (118) pg/mL • AUC0-24 2600 (649) pg·hr/mL • AUC0-24 1622 (641) pg·

  28. Slide 28: RT-102 DS is Osteoanabolic in a Rat Model of Osteoporosis

    RT-102 DS* is Osteoanabolic in a Rat Model of Osteoporosis Study Objective To evaluate the effect of daily dosing with RT-102 drug substance (*DS; teriparatide in Rani formulation) on bone mineral density (BMD) in an ovariectomized (OVX) rat model of osteoporosis Model & Study Design Key Endpoint Mo

  29. Slide 29: Device Performance: Progression of Drug Delivery Success Rate

    Device Performance: Progression of Drug Delivery Success Rate 100 90 Success Rate (%) 80 Highest success rate for Novo 70 Nordisk’s oral semaglutide in 60 Phase 1 study was 67%* 50 40 30 20 10 25% 50% 80% 75% 95% 0 A B C C D (N=12) (N=20) (N=20) (N=8) (N=21) Octreotide Phase I study RT-102 Phase I s

  30. Slide 30: Phase I (Part 1) Study Summary

    Phase I (Part 1) Study Summary 0 95% >300% RaniPill platform Adverse events related to RT-102 bioavailability drug delivery the RaniPill platform compared to SC injection success rate* * Success rate of Version D of the RaniPill in the per protocol population. 30

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