Financial StrategyRAPT announced a $150 million private placement to shore up capital resources and fund their new clinical plans.
Market OpportunityRAPT highlighted the market opportunity for RPT904 in food allergy, with a significant number of individuals in the US and a strong potential for peak US sales.
Product ProfileRPT904 shares the same binding epitope with Xolair but with greater binding affinity and a longer half-life, suggesting a multibillion dollar market opportunity.