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Rani Therapeutics $73M IPO will fund upcoming clinical trials – TechCrunch
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Jefferson: A day of reckoning for one of San Antonio s worst economic development deals?
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Editor’s Note: The following is CityScrapes, a column of opinion and analysis. San Antonio, we have an accountability problem. There are, of course, all the questions about February’s Great Freeze and the response by the city government, SAWS and CPS Energy: questions about preparedness, public information, decision making, policies and investment choices that demand real answers. But all too often in the business of this city, deals get done, programs and policies enacted, money spent and then. No one really asks whether we got what was promised or whether the deals made sense. Take the case of the city’s investment in InCube Labs. Back in June 2010, then-city manager Sheryl Sculley touted a new approach to economic development, with the city government, through the nonprofit San Antonio Economic Development Corp., actually investing public dollars in the bioscience business.
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How Rani Therapeutics’ robotic pill could change subcutaneous injection treatment
A new auto-injecting pill might soon become a replacement for subcutaneous injection treatments.
The idea for this so-called robotic pill came out of a research project around eight years ago from InCube Labs a life sciences lab operated by Rani Therapeutics Chairman and CEO Mir Imran, who has degrees in electrical and biomedical engineering from Rutgers University. A prominent figure in life sciences innovation, Imran has founded more than 20 medical device companies and helped develop the world’s first implantable cardiac defibrillator.
In working on the technology behind San Jose-based Rani Therapeutics, Imran and his team wanted to find a way to relieve some of the painful side effects of subcutaneous (or under-the-skin) injections, while also improving the treatment’s efficacy. “The technology itself started with a very simple thesis,” said Imran in an interview. “We thought, why c