ARTICLE | Financial News
Roivant raises $1.1B in equity financing
August 9, 2017 9:56 PM UTC
Roivant Sciences GmbH (Basel, Switzerland) raised $1.1 billion in an equity financing led by SoftBank Vision Fund. Existing investor Dexcel Pharma participated.
Roivant focuses on in-licensing deprioritized compounds to form disease-focused subsidiaries. The company says the funds are intended to “accelerate the launch of new subsidiaries within and beyond the biopharmaceutical industry.”...
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