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Roivant Sciences Ltd. Common Shares - ROIV STOCK NEWS

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

Roivant Sciences Ltd. (Nasdaq: ROIV) is a commercial-stage biopharmaceutical company that aims to revolutionize healthcare by accelerating the development and commercialization of crucial medicines. With a mission to bring innovative treatments to market swiftly, Roivant builds nimble subsidiaries known as 'Vants' to optimize efficiency in pharma R&D and commercialization.

Roivant’s diversified pipeline includes VTAMA®, a novel topical approved for psoriasis and in development for atopic dermatitis, along with other promising drug candidates such as batoclimab, IMVT-1402, and brepocitinib. These candidates are being developed for various autoimmune and inflammatory conditions, including non-infectious uveitis, dermatomyositis, and other IgG-mediated autoimmune indications.

The company’s strategy involves forming strategic partnerships with leading academic institutions and biopharmaceutical companies to enhance its therapeutic portfolio. Notably, collaborations with Takeda, Priovant, and Immunovant have bolstered its drug development capabilities.

Recent advancements include significant progress in clinical trials, such as positive Phase 2 results for brepocitinib in non-infectious uveitis and the successful launch of VTAMA for psoriasis. Additionally, Roivant's acquisition of Telavant and robust financial performance underscore its growth trajectory and commitment to addressing unmet medical needs.

Roivant’s innovative approach also extends to incubating discovery-stage companies and health technology startups, ensuring a continuous pipeline of next-generation therapies. The company’s forward-thinking model focuses on areas with high societal medical needs, aiming to deliver impactful solutions to patients globally.

For more detailed and up-to-date information on Roivant Sciences Ltd., visit their official website.

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Roivant Sciences announces positive results from the chronic period of the TUSCANY-2 Phase 2b study of RVT-3101, an anti-TL1A antibody, in patients with moderate to severe ulcerative colitis.
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Lokavant, a clinical trial intelligence platform, has announced strategic new hires to bolster its leadership team, appointing AJ Mills as executive vice president of sales, Doug Weatherhead as vice president of marketing, and Meredith Dees as vice president of product. Each brings extensive industry experience spanning over a decade. Mills previously held leadership roles at Clario and ICON, Weatherhead has a background in decentralized clinical trial technology, and Dees has worked in various capacities within clinical research. Lokavant aims to enhance its platform capabilities, accelerating clinical trials and improving patient outcomes.

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Lokavant, the clinical trial intelligence platform, has reached significant milestones following a $21 million Series A funding round. Within three months, it has expanded its customer base threefold and increased employee growth by 53%. The platform improves clinical trial efficiency by integrating over 2,000 trials’ data, resulting in a 70x improvement in enrollment forecast accuracy, saving over $1 million per trial. Notably, Lokavant is now a standalone entity under Roivant Sciences and has made key leadership hires to support its rapid growth.

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BOSTON, March 28, 2023 — Covant Therapeutics has announced an exclusive research collaboration with Boehringer Ingelheim focusing on its ADAR1 program to develop a small molecule immunotherapy for cancer patients. Covant's platform accelerates drug discovery for challenging targets like ADAR1. The partnership aims to create an ADAR1 inhibitor to enhance the efficacy of existing immunotherapies. Covant will receive an upfront payment of $10 million and has the potential to earn up to $471 million in milestones along with royalties on global sales. This collaboration highlights ADAR1’s potential to improve cancer treatments and reflects confidence in Covant's innovative approach.

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FAQ

What is the current stock price of Roivant Sciences Ltd. Common Shares (ROIV)?

The current stock price of Roivant Sciences Ltd. Common Shares (ROIV) is $11.545 as of November 4, 2024.

What is the market cap of Roivant Sciences Ltd. Common Shares (ROIV)?

The market cap of Roivant Sciences Ltd. Common Shares (ROIV) is approximately 8.6B.

What is Roivant Sciences Ltd. known for?

Roivant Sciences Ltd. is known for its innovative approach to rapidly developing and commercializing new medicines, primarily through its nimble subsidiaries called 'Vants'.

What are the key products in Roivant's pipeline?

Key products include VTAMA® for psoriasis, batoclimab and IMVT-1402 for autoimmune conditions, and brepocitinib for dermatomyositis and non-infectious uveitis.

What is the goal of Roivant’s business model?

The goal of Roivant’s business model is to accelerate the development and commercialization of important medicines, ensuring they rapidly reach patients with serious diseases.

Who are some of Roivant’s strategic partners?

Roivant has partnered with leading academic institutions and biopharmaceutical companies, including Takeda, Priovant, and Immunovant.

What recent achievements has Roivant made?

Recent achievements include positive Phase 2 trial results for brepocitinib in non-infectious uveitis and the commercial launch of VTAMA for psoriasis.

How does Roivant's 'Vant' model work?

Roivant’s 'Vant' model involves creating nimble, entrepreneurial biotech companies that specialize in developing and commercializing specific medicines and technologies efficiently.

What is VTAMA® used for?

VTAMA® is a novel topical treatment approved for psoriasis and is also being developed for atopic dermatitis.

How does Roivant contribute to innovation in drug development?

Roivant accelerates innovation by reducing the time and cost of drug development, leveraging technology, and forming strategic collaborations to drive efficiency in R&D.

Why is Roivant’s approach significant?

Roivant’s approach is significant because it addresses areas with high unmet medical needs, ensuring that vital medications reach patients faster and more cost-effectively.

Where can I find more information about Roivant?

More information about Roivant Sciences Ltd. can be found on their official website at www.roivant.com.

Roivant Sciences Ltd. Common Shares

Nasdaq:ROIV

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ROIV Stock Data

8.59B
739.52M
29.09%
74.67%
6.79%
Biotechnology
Pharmaceutical Preparations
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United States of America
HAMILTON HM11