Kite Pharma is set to launch a capsule of its Kite pill next year, it was announced on Tuesday.

The capsule will have a price of Rs 1,500 ($1,750), and will be available for purchase online from April 15.

Kite Pharma, which is based in Bengaluru, India, has previously raised $10 million in funding from several investors, including Fidelity Investments, Batsy Ventures, Bionox Venture Partners, Tiger Global, and Vornado Realty Trust.