Roivant Announces Positive Phase 2 Results for Brepocitinib in Cutaneous Sarcoidosis (CS) and Reports Financial Results for the Third Quarter Ended December 31, 2025
Rhea-AI Summary
Roivant (Nasdaq: ROIV) reported positive Phase 2 results for brepocitinib in cutaneous sarcoidosis (CS) and Q3 fiscal results for the period ended December 31, 2025. Brepocitinib 45 mg achieved a mean CSAMI-A improvement of 22.3 points vs. 0.7 placebo (Δ21.6; P<0.0001) at Week 16, with 100% achieving ≥10-point improvement and 62% reaching remission. The company submitted an NDA for brepocitinib in dermatomyositis, plans a Phase 3 in CS in 2026, and reported consolidated cash and marketable securities of $4.5 billion.
Positive
- Brepocitinib 45 mg: Δ21.6 CSAMI-A vs placebo; P<0.0001
- 100% of 45 mg patients achieved ≥10-point CSAMI-A improvement
- Consolidated cash and marketable securities: $4.5B as of Dec 31, 2025
- Immunovant financing raised ~$550M, extending runway to IMVT-1402 launch
Negative
- Loss from continuing operations: $313.7M for the quarter (up vs prior year)
- R&D expense increased to $165.4M (+$23.8M YoY)
- G&A expense increased to $175.1M (+$33.5M YoY)
- Pending jury trial in U.S. Moderna case scheduled for March 2026, creating legal uncertainty
Market Reaction
Following this news, ROIV has gained 14.95%, reflecting a significant positive market reaction. Our momentum scanner has triggered 14 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $24.30. This price movement has added approximately $1.91B to the company's valuation.
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Key Figures
Market Reality Check
Peers on Argus
ROIV fell 2.36% while peers were mixed: MRNA and MDGL declined, HALO, VRNA and BPMC were slightly positive. Moves do not indicate a unified biotech sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 23 | Earnings call notice | Neutral | +0.7% | Announcement of timing for Q3 FY2025 results and business update call. |
| Dec 11 | Investor Day outlook | Positive | +5.4% | Investor Day outlining multiple launches, filings and late-stage readouts over three years. |
| Nov 10 | Earnings and pipeline | Positive | +2.7% | Q2 results plus brepocitinib VALOR success and maintained timelines for key trials. |
| Oct 27 | Earnings call notice | Neutral | -2.1% | Scheduling announcement for Q2 FY2025 earnings release and webcast details. |
| Sep 17 | Phase 3 DM results | Positive | +7.8% | Positive Phase 3 VALOR dermatomyositis data showing strong efficacy and steroid reduction. |
Recent history shows ROIV often trading higher on substantial clinical and business updates, with positive reactions to brepocitinib milestones and pipeline outlook commentary.
Over the last several months, Roivant has repeatedly highlighted late-stage progress for brepocitinib and Immunovant assets alongside solid cash levels. Positive Phase 3 VALOR data in dermatomyositis on Sep 17, 2025 and subsequent earnings and Investor Day updates all saw favorable price reactions. The current Phase 2 CS success and Q3 financials extend that trajectory, adding another indication for brepocitinib while reaffirming substantial liquidity, consistent with the prior growth and pipeline-expansion narrative.
Regulatory & Risk Context
An effective Form S-3ASR filed on Oct 3, 2025 allows Roivant to issue up to $400.0 million of common shares under a Sales Agreement with TD Securities. As of that filing, none of this capacity had been used, leaving flexibility for future at-the-market issuances alongside an existing repurchase program.
Market Pulse Summary
The stock is surging +14.9% following this news. A strong positive reaction aligns with Roivant’s pattern of favorable moves on substantial clinical catalysts, as seen after prior brepocitinib milestones with price gains following positive data. The combination of statistically robust CS Phase 2 results and a reported cash position of $4.5 billion supports enthusiasm but also introduces considerations around future use of the $400.0 million shelf capacity and ongoing insider selling, which could influence how sustainable any sharp upside move becomes.
Key Terms
investigator’s global assessment (iga) medical
new drug application (nda) regulatory
pulmonary hypertension associated with interstitial lung disease medical
serious adverse events (saes) medical
AI-generated analysis. Not financial advice.
- Brepocitinib 45 mg significantly improved cutaneous sarcoidosis disease activity, achieving a 22.3-point improvement in mean CSAMI-A at Week 16 versus a 0.7-point improvement in placebo (Δ21.6 P<0.0001). Brepocitinib demonstrated rapid, deep and sustained improvements across all other efficacy endpoints measured with consistent safety profile
- Priovant plans to progress CS to a pivotal program with a Phase 3 study starting in calendar year 2026 following engagement with the FDA, representing the third indication with a pivotal program for brepocitinib
- New Drug Application (NDA) was submitted to the FDA for brepocitinib in dermatomyositis (DM). Topline data from Phase 3 studies in non-infectious uveitis (NIU) are expected in the second half of calendar year 2026. Roivant continues to actively explore other indications for brepocitinib
- IMVT-1402 potentially registrational trial in difficult-to-treat rheumatoid arthritis (D2T RA) fully enrolled, with topline data expected in the second half of calendar year 2026; topline data from the proof-of-concept trial in cutaneous lupus erythematous (CLE) expected in the second half of calendar year 2026
- Mosliciguat Phase 2 trial in pulmonary hypertension associated with interstitial lung disease (PH-ILD) fully enrolled, with topline data expected in the second half of calendar year 2026
- LNP litigation continues to progress, with favorable summary judgment decision in U.S. Moderna case affirming Genevant's view of section 1498: the significant majority of liability belongs in the current case against Moderna. Jury trial in the U.S. Moderna case scheduled for March 2026 and first major hearings in international proceedings expected in the first half of calendar year 2026
- Roivant-led Immunovant financing alongside key institutional investors generated gross proceeds to Immunovant of approximately
$550 million , extending Immunovant’s cash runway to the launch of IMVT-1402 in Graves’ disease (GD) - Roivant reported consolidated cash, cash equivalents, restricted cash and marketable securities of
$4.5 billion as of December 31, 2025, supporting cash runway into profitability - Roivant will host a live conference call and webcast at 8:00 a.m. ET on Friday, February 6, 2026, to discuss positive Phase 2 results for brepocitinib in CS and report its financial results for the third quarter ended December 31, 2025
BASEL, Switzerland and LONDON and NEW YORK, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) today announced positive Phase 2 results for brepocitinib in cutaneous sarcoidosis (CS) and reported its financial results for the third quarter ended December 31, 2025.
"2025 was a transformative year for Roivant, driven by the quality of our clinical execution and its resulting data. We are entering 2026 with early momentum across our late stage pipeline with ambitions of another groundbreaking year. The positive data for brepocitinib in CS represents a breakthrough for the field, generating clinically meaningful outcomes for patients in need in the first ever positive placebo-controlled trial for any therapy in CS," said Matt Gline, CEO of Roivant. "Together with this data, I’m proud of our continued execution elsewhere in our pipeline, including with today's announcement of the NDA filing for brepocitinib in dermatomyositis and the completion of enrollment in multiple large studies setting the stage for the year ahead."
BEACON Study Results
The BEACON study enrolled 31 patients across 15 sites in the United States, randomized 3:2:2 to once daily brepocitinib 45 mg, 15 mg, or placebo with a 16-week treatment period. The brepocitinib 45 mg arm comprised the most treatment-refractory group, with the highest percentage of patients with longstanding disease, damage, and difficult-to-treat plaque-predominant morphology. Despite this, patients in the 45 mg arm achieved meaningful clinical improvement compared to placebo, including
On the Cutaneous Sarcoidosis Activity and Morphology Instrument – Activity score (CSAMI-A), brepocitinib 45 mg achieved a 22.3-point mean improvement at Week 16 versus a 0.7-point improvement in placebo (Δ21.6 P<0.0001). Statistically significant separation was observed as early as Week 4 and maintained at all timepoints thereafter. One hundred percent of brepocitinib 45 mg patients achieved at least a 10-point improvement on CSAMI-A compared to
| Treatment Arm | Mean CSAMI-A Change from Baseline at Week 16 | Achievement of CSAMI-A ≥ 10-point Reduction at Week 16 | Achievement of CSAMI-A < 5 (Functional Remission) at Week 16 |
| 45 mg (n = 13) | -22.3 | ||
| 15 mg (n = 11) | -22.2 | ||
| Placebo (n = 7) | -0.7 | ||
| 45 mg vs. placebo | ∆ -21.6; P<0.0001 | ∆ | ∆ |
| 15 mg vs. placebo | ∆ -21.5; P<0.0001 | ∆ | ∆ |
On the Investigator’s Global Assessment (IGA),
Brepocitinib was well tolerated during the study treatment period, with no Serious Adverse Events (SAEs) and all Adverse Events (AEs) graded mild or moderate in severity. Brepocitinib has been evaluated in more than 1,500 patients and subjects, with an observed safety profile consistent with approved JAK1 and TYK2 inhibitors.
Priovant plans to progress CS to a pivotal program with a Phase 3 study starting in calendar year 2026 following engagement with the FDA, representing the third indication with a pivotal program for brepocitinib.
“The BEACON study is a watershed moment for the sarcoidosis field, and most importantly, for our patients,” said Dr. Misha Rosenbach, MD, Professor of Dermatology and Rheumatology and Director of the Cutaneous Sarcoidosis Program at the Hospital of the University of Pennsylvania. “This is an incredible milestone for a historically neglected disease – the study drug showed a clear difference in patients who received the medication compared to placebo, both from the patient and the physician perspective, and appeared to be well tolerated. This is the sort of data you dream of seeing when you look at trial results – and I would call this a transformational moment for sarcoidosis.”
Recent Developments
- Priovant: In February 2026, Priovant announced positive Phase 2 results for brepocitinib in cutaneous sarcoidosis (CS). Brepocitinib 45 mg significantly improved CS disease activity, achieving a 22.3-point improvement in mean CSAMI-A at Week 16 versus a 0.7-point improvement in placebo (Δ21.6 P<0.0001). Brepocitinib demonstrated rapid, deep and sustained improvements across all other efficacy endpoints measured with consistent safety profile. New Drug Application (NDA) was submitted to the FDA for brepocitinib in dermatomyositis (DM). Topline data from Phase 3 studies in non-infectious uveitis (NIU) are expected in the second half of calendar year 2026.
- Immunovant: Potentially registrational trial for IMVT-1402 in difficult-to-treat rheumatoid arthritis (D2T RA) fully enrolled, with topline data expected in the second half of calendar year 2026. All other clinical development timelines remain on track for IMVT-1402 across announced indications, including potentially registrational trials in Graves’ disease (GD), myasthenia gravis (MG), chronic inflammatory demyelinating polyneuropathy (CIDP), and Sjögren’s disease (SjD), and a proof-of-concept trial in cutaneous lupus erythematosus (CLE). Roivant-led Immunovant financing alongside key institutional investors generated gross proceeds to Immunovant of approximately
$550 million , extending Immunovant’s cash runway to the launch of IMVT-1402 in GD. - Pulmovant: Phase 2 trial of mosliciguat in pulmonary hypertension associated with interstitial lung disease (PH-ILD) fully enrolled, with topline data expected in the second half of calendar year 2026.
- Genevant: Favorable summary judgment decision in U.S. Moderna case affirms Genevant's view of section 1498: the significant majority of liability belongs in the current case against Moderna. Jury trial in U.S. Moderna case scheduled for March 2026 and international proceedings continue with first major hearings expected in the first half of calendar year 2026.
- Roivant: Roivant reported consolidated cash, cash equivalents, restricted cash and marketable securities of
$4.5 billion as of December 31, 2025, supporting cash runway into profitability.
Major Upcoming Milestones
- Priovant plans to progress CS to a pivotal program with a Phase 3 study starting in calendar year 2026 following engagement with the FDA, representing the third indication with a pivotal program for brepocitinib. Topline data from the Phase 3 trial of brepocitinib in NIU are expected in the second half of calendar year 2026. Roivant continues to actively explore other indications for brepocitinib.
- Immunovant expects to report topline data from the potentially registrational trial of IMVT-1402 in D2T RA and proof-of-concept trial of IMVT-1402 in CLE in the second half of calendar year 2026. Immunovant anticipates sharing topline data from both of its Phase 3 studies to evaluate batoclimab as a treatment for active moderate to severe thyroid eye disease (TED) in the first half of calendar year 2026. In calendar year 2027, topline data are expected across potentially registrational trials of IMVT-1402 in GD and MG.
- Pulmovant expects to report topline data from the ongoing Phase 2 trial of mosliciguat in PH-ILD in the second half of calendar year 2026.
- Genevant LNP litigation continues to progress, with summary judgment phase in the U.S. Moderna case ongoing and jury trial in the U.S. Moderna case scheduled for March 2026. First major hearings in international proceedings expected in the first half of calendar year 2026. Discovery phase of Pfizer/BioNTech case is ongoing.
Third Quarter Ended December 31, 2025 Financial Summary
Cash Position and Marketable Securities
As of December 31, 2025, the Company had consolidated cash, cash equivalents, restricted cash and marketable securities of approximately
Research and Development Expenses
Research and development (R&D) expenses increased by
The
The
Non-GAAP R&D expenses were
General and Administrative Expenses
General and administrative (G&A) expenses increased by
Non-GAAP G&A expenses were
Income from discontinued operations, net of tax
Income from discontinued operations, net of tax was
Loss from continuing operations, net of tax
Loss from continuing operations, net of tax was
Non-GAAP loss from continuing operations, net of tax was
| ROIVANT SCIENCES LTD. Selected Balance Sheet Data (unaudited, in thousands) | |||||
| December 31, 2025 | March 31, 2025 | ||||
| Cash, cash equivalents and restricted cash | $ | 1,488,770 | $ | 2,725,661 | |
| Marketable securities | 3,051,708 | 2,171,480 | |||
| Total assets | 5,225,368 | 5,436,940 | |||
| Total liabilities | 251,144 | 249,742 | |||
| Total shareholders’ equity | 4,974,224 | 5,187,198 | |||
| Total liabilities and shareholders’ equity | 5,225,368 | 5,436,940 | |||
| ROIVANT SCIENCES LTD. Condensed Consolidated Statements of Operations (unaudited, in thousands, except share and per share amounts) | |||||||||||||||
| Three Months Ended December 31, | Nine Months Ended December 31, | ||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||
| Revenue | $ | 1,999 | $ | 9,018 | $ | 5,740 | $ | 21,483 | |||||||
| Operating expenses: | |||||||||||||||
| Cost of revenues | 700 | 259 | 965 | 706 | |||||||||||
| Research and development (includes | 165,380 | 141,595 | 482,867 | 405,175 | |||||||||||
| General and administrative (includes | 175,072 | 141,545 | 452,216 | 444,318 | |||||||||||
| Total operating expenses | 341,152 | 283,399 | 936,048 | 850,199 | |||||||||||
| Gain on sale of Telavant net assets | — | — | — | 110,387 | |||||||||||
| Loss from operations | (339,153 | ) | (274,381 | ) | (930,308 | ) | (718,329 | ) | |||||||
| Change in fair value of investments | (21,592 | ) | 21,314 | (130,968 | ) | (42,287 | ) | ||||||||
| Change in fair value of liability instruments | 24,416 | (2,147 | ) | 47,704 | (1,632 | ) | |||||||||
| Interest income | (43,266 | ) | (61,851 | ) | (136,929 | ) | (203,751 | ) | |||||||
| Other (income) expense, net | (8,342 | ) | 2,816 | 8,560 | 7,877 | ||||||||||
| Loss from continuing operations before income taxes | (290,369 | ) | (234,513 | ) | (718,675 | ) | (478,536 | ) | |||||||
| Income tax expense (benefit) | 23,332 | (25,568 | ) | 34,976 | (1,147 | ) | |||||||||
| Loss from continuing operations, net of tax | (313,701 | ) | (208,945 | ) | (753,651 | ) | (477,389 | ) | |||||||
| Income from discontinued operations, net of tax | — | 327,020 | — | 373,030 | |||||||||||
| Net (loss) income | (313,701 | ) | 118,075 | (753,651 | ) | (104,359 | ) | ||||||||
| Net loss attributable to noncontrolling interests | (47,810 | ) | (51,306 | ) | (150,886 | ) | (138,853 | ) | |||||||
| Net (loss) income attributable to Roivant Sciences Ltd. | $ | (265,891 | ) | $ | 169,381 | $ | (602,765 | ) | $ | 34,494 | |||||
| Amounts attributable to Roivant Sciences Ltd.: | |||||||||||||||
| Loss from continuing operations, net of tax | $ | (265,891 | ) | $ | (157,639 | ) | $ | (602,765 | ) | $ | (338,691 | ) | |||
| Income from discontinued operations, net of tax | — | 327,020 | — | 373,185 | |||||||||||
| Net (loss) income attributable to Roivant Sciences Ltd. | $ | (265,891 | ) | $ | 169,381 | $ | (602,765 | ) | $ | 34,494 | |||||
| Basic and diluted net (loss) income per common share: | |||||||||||||||
| Basic and diluted loss from continuing operations | $ | (0.38 | ) | $ | (0.22 | ) | $ | (0.88 | ) | $ | (0.46 | ) | |||
| Basic and diluted income from discontinued operations | $ | — | $ | 0.45 | $ | — | $ | 0.51 | |||||||
| Basic and diluted net (loss) income per common share | $ | (0.38 | ) | $ | 0.23 | $ | (0.88 | ) | $ | 0.05 | |||||
| Weighted average shares outstanding: | |||||||||||||||
| Basic | 696,859,682 | 722,716,168 | 686,052,379 | 731,318,202 | |||||||||||
| Diluted | 696,859,682 | 722,716,168 | 686,052,379 | 731,318,202 | |||||||||||
| ROIVANT SCIENCES LTD. Reconciliation of GAAP to Non-GAAP Financial Measures (unaudited, in thousands) | |||||||||||||||||
| Three Months Ended December 31, | Nine Months Ended December 31, | ||||||||||||||||
| Note | 2025 | 2024 | 2025 | 2024 | |||||||||||||
| Loss from continuing operations, net of tax | $ | (313,701 | ) | $ | (208,945 | ) | (753,651 | ) | (477,389 | ) | |||||||
| Adjustments: | |||||||||||||||||
| Research and development: | |||||||||||||||||
| Share-based compensation | (1) | 18,123 | 9,685 | 40,218 | 30,128 | ||||||||||||
| Depreciation and amortization | (2) | 548 | 728 | 2,010 | 2,147 | ||||||||||||
| General and administrative: | |||||||||||||||||
| Share-based compensation | (1) | 86,874 | 69,386 | 228,778 | 165,670 | ||||||||||||
| Depreciation and amortization | (2) | 142 | 1,083 | 700 | 3,267 | ||||||||||||
| Impairment loss from relocation of Roivant Sciences, Inc.’s headquarters | (3) | 17,098 | — | 17,098 | — | ||||||||||||
| Gain on sale of Telavant net assets | (4) | — | — | — | (110,387 | ) | |||||||||||
| Other: | |||||||||||||||||
| Change in fair value of investments | (5) | (21,592 | ) | 21,314 | (130,968 | ) | (42,287 | ) | |||||||||
| Change in fair value of liability instruments | (6) | 24,416 | (2,147 | ) | 47,704 | (1,632 | ) | ||||||||||
| Estimated income tax impact from adjustments | (7) | 21,058 | (34,786 | ) | 23,174 | (38,976 | ) | ||||||||||
| Adjusted loss from continuing operations, net of tax (Non-GAAP) | $ | (167,034 | ) | $ | (143,682 | ) | $ | (524,937 | ) | $ | (469,459 | ) | |||||
| Three Months Ended December 31, | Nine Months Ended December 31, | ||||||||||||
| Note | 2025 | 2024 | 2025 | 2024 | |||||||||
| Research and development expenses | $ | 165,380 | $ | 141,595 | $ | 482,867 | $ | 405,175 | |||||
| Adjustments: | |||||||||||||
| Share-based compensation | (1) | 18,123 | 9,685 | 40,218 | 30,128 | ||||||||
| Depreciation and amortization | (2) | 548 | 728 | 2,010 | 2,147 | ||||||||
| Adjusted research and development expenses (Non-GAAP) | $ | 146,709 | $ | 131,182 | $ | 440,639 | $ | 372,900 | |||||
| Three Months Ended December 31, | Nine Months Ended December 31, | ||||||||||||
| Note | 2025 | 2024 | 2025 | 2024 | |||||||||
| General and administrative expenses | $ | 175,072 | $ | 141,545 | $ | 452,216 | $ | 444,318 | |||||
| Adjustments: | |||||||||||||
| Share-based compensation | (1) | 86,874 | 69,386 | 228,778 | 165,670 | ||||||||
| Depreciation and amortization | (2) | 142 | 1,083 | 700 | 3,267 | ||||||||
| Impairment loss from relocation of Roivant Sciences, Inc.’s headquarters | (3) | 17,098 | — | 17,098 | — | ||||||||
| Adjusted general and administrative expenses (Non-GAAP) | $ | 70,958 | $ | 71,076 | $ | 205,640 | $ | 275,381 | |||||
Notes to non-GAAP financial measures:
(1) Represents non-cash share-based compensation expense.
(2) Represents non-cash depreciation and amortization expense.
(3) Represents a loss on impairment of the operating lease right-of-use asset and leasehold improvements for the former U.S. corporate headquarters of Roivant Sciences, Inc., following relocation to a new office space and execution of an agreement to sublease the former office space during the three months ended December 31, 2025.
(4) Represents a gain on the sale of Telavant net assets to Roche due to achievement of a one-time milestone in June 2024.
(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 liability instruments, which is non-cash and primarily includes the loss (gain) relating to the measurement and recognition of fair value on a recurring basis of certain liabilities.
(7) Represents the estimated tax effect of the adjustments.
Investor Conference Call Information
Roivant will host a live conference call and webcast at 8:00 a.m. ET on Friday, February 6, 2026, to report its financial results for the third quarter ended December 31, 2025, 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 (Nasdaq: ROIV) is a biopharmaceutical company that aims to improve the lives of patients by accelerating the development and commercialization of medicines that matter. Roivant’s pipeline includes brepocitinib, a potent small molecule inhibitor of TYK2 and JAK1 in development for the treatment of dermatomyositis, non-infectious uveitis and cutaneous sarcoidosis; IMVT-1402 and batoclimab, fully human monoclonal antibodies targeting FcRn in development across several IgG-mediated autoimmune indications; and mosliciguat, an inhaled sGC activator in development for pulmonary hypertension associated with interstitial lung disease. 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, visit https://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 the clinical and therapeutic potential of our product candidates, the availability and success of topline results from our ongoing clinical trials and any commercial potential of our product candidates following applicable regulatory approvals. In addition, any statements that refer to projections, forecasts or other characterizations of future events, results or circumstances, including any underlying assumptions, are forward-looking statements. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors.
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
Keyur Parekh
keyur.parekh@roivant.com
Media
Stephanie Lee
stephanie.lee@roivant.com