Roivant Sciences is a biopharmaceutical company focused on advancing innovative treatments for various diseases through a unique model that emphasizes the development of underutilized compounds and technologies
The company aims to accelerate the drug development process by leveraging a network of subsidiaries, each dedicated to specific therapeutic areas, including neurology, immunology, and rare diseases. By fostering collaboration and employing a data-driven approach, Roivant seeks to bring effective therapies to patients more efficiently and enhance the overall landscape of healthcare.
Immunovant's batoclimab showed positive Phase 3 results in MG but won't be pursued for approval as the company shifts focus to its lead asset, IMVT-1402.
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Organon is set to acquire Roivant Sciences' Dermavant Sciences, known for developing immuno-dermatology treatments, including FDA-approved Vtama cream for plaque psoriasis. The deal, valued up to $1.2 billion.
Roivant Sciences has licensed worldwide rights to develop and commercialize Bayer's mosliciguat for an upfront payment of $14 million and up to $280 million in future milestone payments.
Immunovant reports promising Phase 2a trial results for batoclimab in treating Graves' Disease, showing a high response rate and significant IgG reduction. A pivotal trial is expected to start by the end of 2024.
