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Roivant Sciences - ROIV STOCK NEWS

Welcome to our dedicated page for Roivant Sciences news (Ticker: ROIV), a resource for investors and traders seeking the latest updates and insights on Roivant Sciences stock.

About Roivant Sciences

Roivant Sciences (NASDAQ: ROIV) is a commercial-stage biopharmaceutical company dedicated to improving healthcare outcomes by accelerating the development and commercialization of innovative medicines. Through its unique business model of creating 'Vants'—nimble, entrepreneurial subsidiaries—Roivant addresses unmet medical needs across a wide range of therapeutic areas, including autoimmune diseases, dermatology, and pulmonary conditions. By leveraging advanced technologies and strategic partnerships with academic institutions and biopharmaceutical companies, Roivant aims to reduce the time and cost associated with drug development.

Core Business Model

At the heart of Roivant's operations is its pioneering 'Vant' model. Each Vant operates as a specialized entity focused on a specific therapeutic area or technology. This decentralized approach allows Roivant to foster innovation, align economic incentives, and streamline decision-making processes. The Vant model not only accelerates the development of critical medicines but also ensures that these therapies reach patients in need more efficiently.

Therapeutic Areas and Pipeline

Roivant's diverse pipeline includes groundbreaking treatments for conditions such as:

  • Autoimmune Diseases: Fully human monoclonal antibodies like IMVT-1402 and batoclimab target the neonatal Fc receptor (FcRn) for IgG-mediated autoimmune conditions.
  • Dermatology: VTAMA (tapinarof), a non-steroidal topical cream, is approved for plaque psoriasis and under development for atopic dermatitis.
  • Pulmonary Conditions: Mosliciguat, an inhaled sGC activator, is in development for pulmonary hypertension associated with interstitial lung disease.

Additionally, Roivant has advanced small molecule inhibitors like brepocitinib for dermatomyositis, non-infectious uveitis, and cutaneous sarcoidosis, further showcasing its commitment to addressing complex medical challenges.

Innovative Approach to Drug Development

Roivant's focus extends beyond therapeutics. The company incubates discovery-stage companies and health technology startups that complement its biopharmaceutical business. By deploying cutting-edge technologies and fostering a culture of innovation, Roivant aims to transform the traditional pharmaceutical research and development process.

Market Position and Differentiation

Roivant operates in a competitive biopharmaceutical landscape but distinguishes itself through its Vant model, strategic partnerships, and focus on underserved therapeutic areas. Unlike traditional pharmaceutical companies, Roivant prioritizes areas where R&D investment is disproportionately low relative to societal medical needs, ensuring that critical medicines reach patients who need them most.

Commitment to Efficiency and Impact

Roivant's mission is to improve the lives of patients by reducing inefficiencies in drug development and commercialization. By aligning economic incentives and leveraging technology, the company has created a scalable and efficient framework for advancing healthcare innovation. This commitment to efficiency not only accelerates the development of life-changing medicines but also makes them more accessible to patients worldwide.

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Roivant (ROIV) reports strong financial results for Q3 2023, completes $7.1B sale of Telavant to Roche, and achieves positive clinical trial results for Batoclimab and VTAMA products. The company maintains a healthy cash position of $6.7B, supporting future growth and profitability.
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Roivant (ROIV) will host a live conference call and webcast to report its financial results for the third quarter ended December 31, 2023, and provide a business update on February 13, 2024. The conference call details can be accessed on the Roivant website.
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Immunovant, Inc. (Nasdaq: IMVT) announced promising results from the initial cohort of patients in a 24-week Phase 2 clinical trial of batoclimab in patients with Graves’ disease. The trial demonstrated a meaningful response rate of over 50%, with potential best-in class IgG reduction of up to 87% after 12 weeks of treatment. The primary and secondary outcome measurements of the trial are being measured at weeks 12 and 24, showing a dose response on efficacy between different regimens of batoclimab. The treatment was generally well-tolerated with no new safety signals observed.
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Roivant (Nasdaq: ROIV) completes the acquisition of Telavant by Roche (SIX: RO, ROG; OTCQX: RHHBY) for $7.1 billion, with an upfront payment and a near-term milestone payment. Telavant holds rights to RVT-3101, a therapy for inflammatory bowel disease in the US and Japan. Roivant previously owned 75% of Telavant's shares. Roche aims to continue RVT-3101's development across multiple indications.
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Immunovant, Inc. (IMVT) announced initial data from the 600 mg MAD cohort of a Phase 1 clinical trial of IMVT-1402, showing that four subcutaneously administered doses of 600 mg produced a mean IgG reduction similar to high dose batoclimab, with minimal changes in albumin and LDL-C, confirming the potential of IMVT-1402 as a best-in-class FcRn inhibitor.
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Roivant (ROIV) and Priovant announce that the Phase 2 study evaluating oral brepocitinib in adult patients with moderate to severe active lupus did not meet its primary endpoint of Systemic Lupus Erythematosus Responder Index change of 4 (SRI-4) at Week 52. However, Priovant plans to continue progressing the program in indications outside of Systemic Lupus Erythematosus (SLE) due to the drug’s favorable safety and tolerability profile, six other positive phase 2 studies, and active arm performance in this study. Priovant also expects to announce topline results from the Phase 2 POC study of brepocitinib in non-infectious uveitis (NIU) in the first quarter of calendar year 2024 and topline results from the Phase 3 trial in dermatomyositis (DM) in calendar year 2025.
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Roivant (ROIV) reported a definitive agreement with Roche for the sale of Telavant for $7.1B upfront and a milestone payment of $150M. IMVT-1402 SC doses achieved peak IgG reductions similar to batoclimab. VTAMA® cream generated $18.4M in net product revenue for the quarter. Cash, cash equivalents, and restricted cash were approximately $1.4B at September 30, 2023, expected to reach $7.0B with pending sale proceeds. Mayukh Sukhatme, M.D. appointed to the Board of Directors.
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Roivant (Nasdaq: ROIV) appoints Mayukh Sukhatme, M.D., as a new member of its Board of Directors, expanding the board to eight members. Dr. Sukhatme's extensive experience in the pharmaceutical industry and his role in driving positive Phase 3 studies and FDA approvals make him a valuable addition to the board.
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Roivant (Nasdaq: ROIV) will host a live conference call and webcast on November 13, 2023, to report its Q2 2023 financial results and provide a business update. The conference call will be accessible via phone registration and the webcast will be available on the Roivant website.
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Roche has entered into a definitive agreement with Roivant to acquire Telavant Holdings, gaining the rights to develop and commercialize RVT-3101, a novel TL1A directed antibody for the treatment of inflammatory bowel disease. Roche will pay a purchase price of $7.1 billion upfront and a near-term milestone payment of $150 million. The agreement also includes an option for a global collaboration with Pfizer on a next-generation p40/TL1A directed bispecific antibody.
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FAQ

What is the current stock price of Roivant Sciences (ROIV)?

The current stock price of Roivant Sciences (ROIV) is $10.17 as of March 3, 2025.

What is the market cap of Roivant Sciences (ROIV)?

The market cap of Roivant Sciences (ROIV) is approximately 7.5B.

What is Roivant Sciences' business model?

Roivant operates through a unique 'Vant' model, creating specialized subsidiaries focused on specific therapeutic areas or technologies to accelerate drug development and commercialization.

What therapeutic areas does Roivant Sciences focus on?

Roivant focuses on autoimmune diseases, dermatology, pulmonary conditions, and other underserved therapeutic areas with high unmet medical needs.

How does Roivant differentiate itself from traditional pharmaceutical companies?

Roivant prioritizes therapeutic areas with low R&D investment relative to societal needs, uses a decentralized Vant model, and leverages technology to reduce inefficiencies in drug development.

What is VTAMA, and what conditions does it treat?

VTAMA (tapinarof) is a non-steroidal topical cream approved for plaque psoriasis and under development for atopic dermatitis.

What is the role of technology in Roivant’s operations?

Roivant uses advanced technologies to streamline the drug development process, reduce costs, and improve efficiency, enabling faster delivery of medicines to patients.

What are some notable drug candidates in Roivant’s pipeline?

Key candidates include IMVT-1402 and batoclimab for autoimmune diseases, brepocitinib for dermatomyositis and cutaneous sarcoidosis, and mosliciguat for pulmonary hypertension.

Does Roivant focus on any non-therapeutic innovations?

Yes, Roivant also incubates health technology startups that complement its biopharmaceutical business, aiming to transform healthcare delivery.

What makes Roivant’s Vant model unique?

The Vant model decentralizes operations by creating nimble subsidiaries that specialize in specific therapeutic areas, fostering innovation and efficiency.

How does Roivant address unmet medical needs?

Roivant focuses on areas where R&D investment is disproportionately low relative to societal needs, ensuring critical medicines reach underserved patient populations.

What is Roivant’s approach to partnerships?

Roivant collaborates with academic institutions and biopharmaceutical companies to leverage expertise and accelerate the development of innovative therapies.
Roivant Sciences

Nasdaq:ROIV

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7.45B
444.15M
28.92%
79.53%
6.17%
Biotechnology
Pharmaceutical Preparations
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United Kingdom
HAMILTON HM11