Roivant Sciences (ROIV) Stock

Roivant Sciences Ltd. (NASDAQ:ROIV) will hold its Q2 2024 Earnings Conference Call on November 12, 2024, at 8:00 AM ET. The call will feature company representatives including Stephanie Lee from Investor Relations, Matt Gline, and Ben Zimmer, the CEO of Priovant. Participants from various financial institutions, such as Louise Chen from Cantor and Brian Cheng from JPMorgan, will also be present.

Roivant Sciences Ltd. (ROIV) reported a quarterly loss of $0.29 per share, which is worse than the Zacks Consensus Estimate that predicted a loss of $0.21.

Roivant (Nasdaq: ROIV) has announced that it will hold a live conference call and webcast on Tuesday, November 12, 2024, at 8:00 a.m. ET. During this event, the company will share its financial results for the second quarter, which ended on September 30, 2024, and give a business update. The announcement was made from Basel, Switzerland, London, and New York on October 29, 2024.

The purchase enhances Organon's dermatology skills by adding a nonbiologic, non-steroidal topical treatment in the United States. This acquisition strengthens their offerings in the dermatology field.

Roivant's high value comes from its solid cash reserves, an encouraging drug pipeline, Techbio assets, and strategic partnerships, which make it an attractive investment. The recent sales of Telavant and Dermavant have increased Roivant's cash flow. Important potential drivers for growth include Immunovant's batoclimab in Phase 3 trials and namilumab in Phase 2 trials, although the success of these drug candidates is a significant risk.

Organon & Co (OGN) has decided to buy Dermavant Sciences Ltd from Roivant Sciences Ltd. Dermavant is dedicated to creating and marketing treatments for skin-related immune disorders.

VTAMA cream is a new, non-steroidal treatment that has been approved for adults with plaque psoriasis. It is currently being reviewed by the FDA for use in treating atopic dermatitis as well.

Wall Street analysts have set an average price target for Montes Archimedes Acquisition (ROIV) that suggests a possible increase of 35.1%. Although the reliability of this popular measure is debatable, the recent positive changes in earnings estimates could lead to a rise in the stock's value.

WALTHAM, Mass., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Pulmovant, a company under Roivant (Nasdaq: ROIV), has shared findings from the Phase 1b ATMOS1 study at the ERS Congress in Vienna, Austria. The ATMOS study (NCT03754660) looked at mosliciguat, a promising inhaled sGC activator designed for targeted lung delivery and taken once a day, for patients with pulmonary hypertension (PH).