Roivant Reports Financial Results for the Fourth Quarter and Fiscal Year Ended March 31, 2024, and Provides Business Update
Roivant (Nasdaq: ROIV) reported its Q4 and FY2024 results, highlighting strong performance in clinical trials and significant debt reductions.
Key points include:
- Brepocitinib showed the best treatment failure rates in non-infectious uveitis (NIU), supporting a pivotal program initiation in H2 2024.
- VTAMA net product revenue reached $75.1M, with over 385,000 prescriptions since launch.
- Roivant renegotiated Dermavant’s debt, reducing potential cash payments by over $300M, with $225M savings expected over the next three fiscal years.
- The company has $6.6B in cash, supporting a runway into profitability.
- A $1.5B share repurchase program was approved, reducing outstanding shares by 9%.
- Net loss for Q4 was $108M, while annual R&D expenses decreased by $23.5M.
- Brepocitinib showed the best treatment failure rates in NIU.
- VTAMA generated $75.1M in net product revenue for FY2024.
- Roivant renegotiated Dermavant’s debt, reducing potential cash payments by over $300M.
- $6.6B in cash reserves supporting profitability.
- Board-approved $1.5B share repurchase program reduced shares by 9%.
- Gain of $5.3B from the sale of Telavant net assets.
- Net cash used in operating activities for Q4 was $108M.
- SG&A expenses increased by $44.1M for Q4 and $86.9M for the year.
- R&D expenses were $120.9M for Q4, reflecting heavy investment.
- Non-GAAP loss from continuing operations was $799.9M for the year.
Insights
Roivant's reported financial results for the fourth quarter and fiscal year ended March 31, 2024, reveal several key developments. The company posted
One notable highlight is the significant share repurchase program authorized by the board, which reduced outstanding shares by 9%. This can be interpreted positively as it signifies confidence in the company's financial stability and prospects for growth. The substantial reduction in Dermavant's debt obligations by over
However, Roivant's R&D expenses have decreased to
In summary, Roivant's strong cash position, strategic share buyback and debt restructuring are favorable indicators. However, investors should monitor the potential impact of reduced R&D spending on future growth and innovation.
Roivant's recent updates on its clinical trials and product pipeline are critical for understanding the company's future potential. The Phase 2 study of brepocitinib in non-anterior non-infectious uveitis (NIU) showed the best treatment failure rates to date, suggesting a strong efficacy profile. Brepocitinib's potential as a multi-blockbuster franchise in rare and orphan autoimmune diseases could significantly enhance Roivant's market position.
Furthermore, the acceptance of the VTAMA sNDA submission for atopic dermatitis and the expected PDUFA action in the fourth quarter of 2024 could lead to a substantial market expansion. If approved, VTAMA could see a four-fold market expansion, strengthening Roivant's dermatology portfolio.
The initiation of 4-5 potentially registrational studies with IMVT-1402, following a Type B meeting with the FDA, underscores Immunovant's commitment to advancing its pipeline in autoimmune diseases. This progress, along with detailed results expected from the study of batoclimab in Graves' disease in fall 2024, highlights the company's ongoing efforts to bring new therapies to market.
Overall, these clinical advancements and regulatory milestones are promising for Roivant's long-term growth. Investors should keep an eye on upcoming trial results and regulatory decisions, as these will be key determinants of the company's future success in the biotech sector.
BASEL, Switzerland and LONDON and NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) today reported its financial results for the fourth quarter and fiscal year ended March 31, 2024, and provided a business update.
- Once-daily brepocitinib produced the best Treatment Failure rates observed to date among studies in active non-infectious uveitis (NIU), supporting initiation of a pivotal program in NIU in the second half of calendar year 2024
- Brepocitinib is well positioned to support a potential multi-blockbuster franchise in rare and orphan autoimmune disease with an ongoing pivotal study in dermatomyositis on track to read out in calendar year 2025
- Following a recently completed Type B meeting with the FDA, Immunovant is on track to initiate 4-5 potentially registrational studies with IMVT-1402 over the fiscal year ending March 31, 2025
- Immunovant expects to announce detailed results from the study of batoclimab in Graves’ disease (GD) as well as an overview of the development plan of IMVT-1402 in GD in the fall of 2024
- VTAMA® sNDA submission for atopic dermatitis was accepted by the FDA; PDUFA action is expected in the fourth quarter of calendar year 2024, potentially enabling a four-fold market expansion
- VTAMA, approved for psoriasis, net product revenue was
$75.1M for the fiscal year ended March 31, 2024, with over 385,000 prescriptions written by over 15,300 unique prescribers since launch - Roivant renegotiated Dermavant’s debt obligations, reducing potential cash payments due by over
$300M in the aggregate. Approximately$225M of this reduction is expected to be achieved over the next three fiscal years - Roivant has
$852M in share repurchase authorization available following the repurchase of Sumitomo’s entire stake at$9.10 per share for$648M , which reduced outstanding shares by9% - Net cash used in operating activities for the quarter was
$108M - Roivant reported its consolidated cash, cash equivalents and restricted cash of
$6.6B at March 31, 2024, supporting cash runway into profitability
“We finished our fiscal year with yet another productive quarter for the company,” said Matt Gline, CEO of Roivant. “The Priovant team announced outstanding data for patients with NIU, reaffirming our view on the blockbuster potential of brepocitinib, which we expect will continue to deliver benefit to patients with unmet need. Our board has approved a significant buyback program, allowing us to return capital to shareholders and to increase exposure to our most exciting current and future programs. I could not be more excited for what we’ve accomplished and what I believe we will deliver in our next chapter ahead.”
Recent Developments
- Priovant: In April 2024, Priovant announced positive results from the Phase 2 study (NEPTUNE) evaluating brepocitinib in non-anterior non-infectious uveitis. On the pre-specified primary efficacy endpoint of Treatment Failure at week 24,
29% of subjects receiving brepocitinib 45 mg and44% of subjects receiving brepocitinib 15 mg met Treatment Failure criteria (lower failure rates reflect greater treatment benefit). The brepocitinib 45 mg results represent the best Treatment Failure rates observed to date among studies in active NIU measuring this registrational endpoint. All secondary efficacy endpoints were also positive and dose responsive, including measurements of potential benefit on prevention and treatment of uveitic macular edema. NEPTUNE represents the seventh positive Phase 2 study for brepocitinib with over 1,400 subjects and patients treated with brepocitinib in clinical trials. Brepocitinib was generally safe and well-tolerated in the study, with no new safety or tolerability signals identified. - Immunovant: Following a recently completed Type B meeting with the FDA, 4-5 potentially registrational programs for IMVT-1402 are on track to be initiated by March 31, 2025. Immunovant is prioritizing the development of IMVT-1402 as the lead asset going forward.
In March 2024, Immunovant was awarded U.S. Patent No. 11,926,669 covering composition of matter of IMVT-1402 and its binding sequence to FcRn, method of use of the antibody for treating autoimmune disease, and methods for its manufacturing. Not including any potential patent term extension, the issued composition-of-matter patent term will extend until June 2043.
- Dermavant: For the fourth quarter and fiscal year ended March 31, 2024, Roivant reported VTAMA net product revenue of
$19.3M , and$75.1M , respectively. As of May 2024, over 385,000 VTAMA prescriptions have been written by over 15,300 unique prescribers for psoriasis. VTAMA is covered for over 138M US commercial lives, including coverage by all three of the top pharmacy benefit managers.
In April 2024, Dermavant announced FDA acceptance of VTAMA’s sNDA submission for the treatment of atopic dermatitis in adults and children 2 years of age and older. PDUFA action is expected in the fourth quarter of calendar year 2024.
In May 2024, Roivant renegotiated Dermavant’s debt obligations, reducing potential cash payments due by over$300M in the aggregate. Approximately$225M of this reduction is expected to be achieved over the next three fiscal years.
- Genevant: In April 2024, the U.S. District Court for the District of Delaware issued its claim construction (Markman) ruling in the lawsuit brought by Genevant and Arbutus against Moderna. The court agreed with Genevant and Arbutus’ proposed constructions for three of the four disputed terms.
- Kinevant: In April 2024, Kinevant completed enrollment in RESOLVE-LUNG, a Phase 2 study evaluating namilumab for chronic pulmonary sarcoidosis.
- Roivant: In April 2024, Roivant announced that its board of directors had authorized a share repurchase program for up to
$1.5B of the company’s common shares. Pursuant to that program, the company completed the repurchase of all 71.3M shares held by Sumitomo Pharma at a purchase price of$9.10 per share. The aggregate purchase price for Sumitomo Pharma’s stake was approximately$648.4M , reducing Roivant’s shares outstanding by approximately9% .
Roivant reported its consolidated cash, cash equivalents and restricted cash of$6.6B at March 31, 2024. Giving effect to the Sumitomo share repurchase, Roivant’s cash, cash equivalents and restricted cash at March 31, 2024 would have been approximately$5.9B .
Major Upcoming Milestones
- Dermavant expects PDUFA action for VTAMA in atopic dermatitis in the fourth quarter of calendar year 2024.
- Kinevant plans to report topline data from the ongoing Phase 2 trial of namilumab for the treatment of sarcoidosis in the fourth quarter of calendar year 2024.
- Priovant expects topline results from the ongoing Phase 3 trial of brepocitinib in dermatomyositis (DM) in calendar year 2025 and to initiate a Phase 3 pivotal trial of brepocitinib in the second half of calendar year 2024.
- Immunovant plans to have initiated 4-5 potentially registrational programs by March 31, 2025, and plans to have initiated studies in a total of 10 indications by March 31, 2026 for IMVT-1402. Detailed results from the batoclimab study in Graves’ Disease (GD) and an overview of the development plan of IMVT-1402 in GD are expected in the fall of 2024. Immunovant expects to report topline data from the study of batoclimab in MG over this fiscal year with further potentially registrational development of IMVT-1402 in MG expected to begin in the same timeframe. Immunovant has decided to run the study of batoclimab in CIDP longer prior to unblinding period 1 in order to better ensure that the data from the batoclimab study can be used to optimize development of IMVT-1402 in CIDP. Top-line data from the ongoing Phase 3 clinical trial in thyroid eye disease (TED) is expected in the first half of calendar year 2025.
Fourth Quarter and Fiscal Year Ended March 31, 2024 Financial Summary
Cash Position
As of March 31, 2024, the company had cash, cash equivalents and restricted cash of approximately
Research and Development Expenses
Research and development (R&D) expenses decreased by
The decrease of
Non-GAAP R&D expenses were
Research and development expenses decreased by
The decrease of
Non-GAAP R&D expenses were
Acquired In-Process Research and Development Expenses
There was no acquired in-process research and development (IPR&D) expense for the three months ended March 31, 2024 and 2023.
Acquired in-process research and development expenses decreased by
Selling, General and Administrative Expenses
Selling, general and administrative (SG&A) expenses increased by
Non-GAAP SG&A expenses were
Selling, general and administrative expenses increased by
Non-GAAP SG&A expenses were
Gain on Sale of Telavant Net Assets
Gain on sale of Telavant net assets was approximately
Income (Loss) from Continuing Operations
Loss from continuing operations was
Income from continuing operations was approximately
| ROIVANT SCIENCES LTD. Selected Balance Sheet Data (in thousands) | |||||
| March 31, 2024 | March 31, 2023 | ||||
| Cash, cash equivalents and restricted cash | $ | 6,550,450 | $ | 1,692,115 | |
| Total assets | 7,222,482 | 2,389,604 | |||
| Total liabilities | 773,953 | 782,017 | |||
| Total shareholders’ equity | 6,448,529 | 1,607,587 | |||
| Total liabilities and shareholders’ equity | 7,222,482 | 2,389,604 | |||
| ROIVANT SCIENCES LTD. Consolidated Statements of Operations (in thousands, except share and per share amounts) | |||||||||||||||
| Three Months Ended March 31, | Years Ended March 31, | ||||||||||||||
| 2024 | 2023 | 2024 | 2023 | ||||||||||||
| (Unaudited) | (Unaudited) | ||||||||||||||
| Revenues: | |||||||||||||||
| Product revenue, net | $ | 19,308 | $ | 13,657 | $ | 75,057 | $ | 28,011 | |||||||
| License, milestone and other revenue | 9,622 | 13,719 | 49,738 | 33,269 | |||||||||||
| Revenue, net | 28,930 | 27,376 | 124,795 | 61,280 | |||||||||||
| Operating expenses: | |||||||||||||||
| Cost of revenues | 4,412 | 4,175 | 15,560 | 13,128 | |||||||||||
| Research and development (includes | 120,902 | 131,857 | 501,736 | 525,215 | |||||||||||
| Acquired in-process research and development | — | — | 26,450 | 97,749 | |||||||||||
| Selling, general and administrative (includes | 169,616 | 125,510 | 687,443 | 600,506 | |||||||||||
| Total operating expenses | 294,930 | 261,542 | 1,231,189 | 1,236,598 | |||||||||||
| Gain on sale of Telavant net assets | — | — | 5,348,410 | — | |||||||||||
| (Loss) income from operations | (266,000 | ) | (234,166 | ) | 4,242,016 | (1,175,318 | ) | ||||||||
| Change in fair value of investments | (15,907 | ) | (32,462 | ) | 47,973 | 20,815 | |||||||||
| Change in fair value of debt and liability instruments | (6,433 | ) | (12,031 | ) | 78,943 | 78,001 | |||||||||
| Gain on deconsolidation of subsidiaries | (15,418 | ) | — | (32,772 | ) | (29,276 | ) | ||||||||
| Interest income | (83,458 | ) | (14,284 | ) | (146,425 | ) | (32,184 | ) | |||||||
| Interest expense | 7,175 | 8,575 | 34,778 | 27,968 | |||||||||||
| Other expense (income), net | 39,494 | (4,748 | ) | 6,089 | (15,808 | ) | |||||||||
| (Loss) income from continuing operations before income taxes | (191,453 | ) | (179,216 | ) | 4,253,430 | (1,224,834 | ) | ||||||||
| Income tax (benefit) expense | (8,957 | ) | (3,793 | ) | 22,224 | 5,190 | |||||||||
| (Loss) income from continuing operations, net of tax | (182,496 | ) | (175,423 | ) | 4,231,206 | (1,230,024 | ) | ||||||||
| Income from discontinued operations, net of tax | — | 114,561 | — | 114,561 | |||||||||||
| Net (loss) income | (182,496 | ) | (60,862 | ) | 4,231,206 | (1,115,463 | ) | ||||||||
| Net loss attributable to noncontrolling interests | (31,381 | ) | (27,245 | ) | (117,720 | ) | (106,433 | ) | |||||||
| Net (loss) income attributable to Roivant Sciences Ltd. | $ | (151,115 | ) | $ | (33,617 | ) | $ | 4,348,926 | $ | (1,009,030 | ) | ||||
| Amounts attributable to Roivant Sciences Ltd.: | |||||||||||||||
| (Loss) income from continuing operations, net of tax | $ | (151,115 | ) | $ | (148,178 | ) | $ | 4,348,926 | $ | (1,123,591 | ) | ||||
| Income from discontinued operations, net of tax | — | 114,561 | — | 114,561 | |||||||||||
| Net (loss) income attributable to Roivant Sciences Ltd. | $ | (151,115 | ) | $ | (33,617 | ) | $ | 4,348,926 | $ | (1,009,030 | ) | ||||
| Net (loss) income per common share, basic: | |||||||||||||||
| (Loss) income from continuing operations | $ | (0.19 | ) | $ | (0.20 | ) | $ | 5.55 | $ | (1.58 | ) | ||||
| Income from discontinued operations, net of tax | $ | — | $ | 0.15 | $ | — | $ | 0.16 | |||||||
| Net (loss) income | $ | (0.19 | ) | $ | (0.05 | ) | $ | 5.55 | $ | (1.42 | ) | ||||
| Net (loss) income per common share, diluted: | |||||||||||||||
| (Loss) income from continuing operations | $ | (0.19 | ) | $ | (0.20 | ) | $ | 5.23 | $ | (1.58 | ) | ||||
| Income from discontinued operations, net of tax | $ | — | $ | 0.15 | $ | — | $ | 0.16 | |||||||
| Net (loss) income | $ | (0.19 | ) | $ | (0.05 | ) | $ | 5.23 | $ | (1.42 | ) | ||||
| Weighted average shares outstanding: | |||||||||||||||
| Basic | 802,859,062 | 742,541,052 | 783,248,906 | 712,791,115 | |||||||||||
| Diluted | 802,859,062 | 742,541,052 | 831,049,444 | 712,791,115 | |||||||||||
| ROIVANT SCIENCES LTD. Reconciliation of GAAP to Non-GAAP Financial Measures (unaudited, in thousands) | |||||||||||||||||
| Three Months Ended March 31, | Years Ended March 31, | ||||||||||||||||
| Note | 2024 | 2023 | 2024 | 2023 | |||||||||||||
| (Loss) income from continuing operations, net of tax | $ | (182,496 | ) | $ | (175,423 | ) | $ | 4,231,206 | $ | (1,230,024 | ) | ||||||
| Adjustments: | |||||||||||||||||
| Cost of revenues: | |||||||||||||||||
| Amortization of intangibles | (1) | 2,421 | 2,298 | 9,632 | 7,468 | ||||||||||||
| Share-based compensation | (2) | 38 | 37 | 191 | 95 | ||||||||||||
| Research and development: | |||||||||||||||||
| Share-based compensation | (2) | 10,290 | 4,366 | 34,595 | 30,914 | ||||||||||||
| Depreciation and amortization | (3) | 873 | 1,539 | 4,590 | 5,097 | ||||||||||||
| Selling, general and administrative: | |||||||||||||||||
| Share-based compensation | (2) | 36,396 | 20,832 | 164,841 | 186,603 | ||||||||||||
| Depreciation and amortization | (3) | 1,912 | 2,116 | 7,814 | 6,292 | ||||||||||||
| Gain on sale of Telavant net assets | (4) | — | — | (5,348,410 | ) | — | |||||||||||
| Other: | |||||||||||||||||
| Change in fair value of investments | (5) | (15,907 | ) | (32,462 | ) | 47,973 | 20,815 | ||||||||||
| Change in fair value of debt and liability instruments | (6) | (6,433 | ) | (12,031 | ) | 78,943 | 78,001 | ||||||||||
| Gain on deconsolidation of subsidiaries | (7) | (15,418 | ) | — | (32,772 | ) | (29,276 | ) | |||||||||
| Estimated income tax impact from adjustments | (8) | (19,813 | ) | (704 | ) | 1,538 | (294 | ) | |||||||||
| Adjusted loss from continuing operations, net of tax (Non-GAAP) | $ | (188,137 | ) | $ | (189,432 | ) | $ | (799,859 | ) | $ | (924,309 | ) | |||||
| Three Months Ended March 31, | Years Ended March 31, | ||||||||||||||||
| Note | 2024 | 2023 | 2024 | 2023 | |||||||||||||
| Research and development expenses | $ | 120,902 | $ | 131,857 | $ | 501,736 | $ | 525,215 | |||||||||
| Adjustments: | |||||||||||||||||
| Share-based compensation | (2) | 10,290 | 4,366 | 34,595 | 30,914 | ||||||||||||
| Depreciation and amortization | (3) | 873 | 1,539 | 4,590 | 5,097 | ||||||||||||
| Adjusted research and development expenses (Non-GAAP) | $ | 109,739 | $ | 125,952 | $ | 462,551 | $ | 489,204 | |||||||||
| Three Months Ended March 31, | Years Ended March 31, | ||||||||||||||||
| Note | 2024 | 2023 | 2024 | 2023 | |||||||||||||
| Selling, general and administrative expenses | $ | 169,616 | $ | 125,510 | $ | 687,443 | $ | 600,506 | |||||||||
| Adjustments: | |||||||||||||||||
| Share-based compensation | (2) | 36,396 | 20,832 | 164,841 | 186,603 | ||||||||||||
| Depreciation and amortization | (3) | 1,912 | 2,116 | 7,814 | 6,292 | ||||||||||||
| Adjusted selling, general and administrative expenses (Non-GAAP) | $ | 131,308 | $ | 102,562 | $ | 514,788 | $ | 407,611 | |||||||||
Notes to non-GAAP financial measures:
(1) Represents non-cash amortization of intangible assets associated with milestone payments made in connection with regulatory approvals.
(2) Represents non-cash share-based compensation expense.
(3) Represents non-cash depreciation and amortization expense, other than amortization of intangible assets associated with milestone payments made in connection with regulatory approvals.
(4) Represents a one-time gain on the sale of Telavant net assets to Roche in December 2023.
(5) Represents the unrealized (gain) loss on equity investments in unconsolidated entities that are accounted for at fair value with changes in value reported in earnings.
(6) Represents the change in fair value of debt and liability instruments, which is non-cash and primarily includes the unrealized loss relating to the measurement and recognition of fair value on a recurring basis of certain liabilities.
(7) Represents the one-time gain on deconsolidation of subsidiaries.
(8) Represents the estimated tax effect of the adjustments.
Roivant will also present at two additional upcoming investor conferences:
- Fireside Chat at Jefferies Global Healthcare Conference in New York at 11:30 a.m. ET on June 5, 2024
- Fireside Chat at Goldman Sachs 45th Annual Global Healthcare Conference in Miami at 8:40 a.m. ET on June 10, 2024
Investor Conference Call Information
Roivant will host a live conference call and webcast at 8:00 a.m. ET on Thursday, May 30, 2024, to report its financial results for the fourth quarter and fiscal year ended March 31, 2024, and provide a corporate update.
To access the conference call by phone, please register online using this registration link. The presentation and webcast details will also be available under “Events & Presentations” in the Investors section of the Roivant website at https://investor.roivant.com/news-events/events. The archived webcast will be available on Roivant’s website after the conference call.
About Roivant
Roivant is a commercial-stage biopharmaceutical company that aims to improve the lives of patients by accelerating the development and commercialization of medicines that matter. Today, Roivant’s pipeline includes VTAMA, a novel topical approved for the treatment of psoriasis and in development for the treatment of atopic dermatitis; IMVT-1402 and batoclimab, fully human monoclonal antibodies targeting the neonatal Fc receptor (“FcRn”) in development across several IgG-mediated autoimmune indications; and brepocitinib, a potent small molecule inhibitor of TYK2 and JAK1 for the treatment of dermatomyositis and non-infectious uveitis, in addition to other clinical stage molecules. We advance our pipeline by creating nimble subsidiaries or “Vants” to develop and commercialize our medicines and technologies. Beyond therapeutics, Roivant also incubates discovery-stage companies and health technology startups complementary to its biopharmaceutical business. For more information, www.roivant.com.
Roivant Forward-Looking Statements
This press release contains forward-looking statements. Statements in this press release may include statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are usually identified by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and variations of such words or similar expressions. The words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act.
Our forward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, and statements that are not historical facts, including statements about potential share repurchases, the clinical and therapeutic potential of our products and product candidates, the availability and success of topline results from our ongoing clinical trials, any commercial potential of our products and product candidates and the benefits expected to be realized from Dermavant’s renegotiation of its existing debt obligations. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.
Although we believe that our plans, intentions, expectations and strategies as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a number of risks, uncertainties and assumptions, including, but not limited to, those risks set forth in the Risk Factors section of our filings with the U.S. Securities and Exchange Commission. Moreover, we operate in a very competitive and rapidly changing environment in which new risks emerge from time to time. These forward-looking statements are based upon the current expectations and beliefs of our management as of the date of this press release and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as required by applicable law, we assume no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Investors
Roivant Investor Relations
ir@roivant.com
Media
Stephanie Lee
Roivant Sciences
stephanie.lee@roivant.com
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