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Chugai Pharmaceutical Signs Licensing Deal with Rani Therapeutics for Oral Drug Development

The agreement enables Chugai to use Rani Therapeutics’ platform for developing and commercializing innovative oral formulations.

Summary

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Terms & Concepts
  • Licensing Agreement: A formal contract granting one party rights to use another’s intellectual property or technology for commercial purposes.
  • Oral Formulations: Pharmaceutical preparations designed to be administered through the mouth, enabling easier dosing and improved patient compliance.