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-0.00186219739292361 -0.00186219739292361 0.01024208566108 0.0474860335195531 0.0242085661080074 0.037243947858473 0.0381750465549348 0.0288640595903166
Stock impact report

Roivant Announces Positive NEPTUNE Study Results for Brepocitinib in NIU, as well as Board Authorization for up to $1.5 Billion Share Repurchase Program, Including Repurchase of Entire Sum...

Roivant Sciences Ltd. (ROIV) 
Company Research Source: GlobeNewswire
Roivant’s board of directors has approved a share repurchase program for up to $1.5 billion of the company’s common shares, including an agreed repurchase of the entire Sumitomo Pharma stake for $648 millionSumitomo Pharma repurchase reduces shares outstanding by 9%In the Phase 2 NEPTUNE study of once-daily oral brepocitinib in non-infectious uveitis (NIU), the 45 mg results represent the best Treatment Failure rates observed to date among active NIU studies measuring this registrational endpoint29% of subjects receiving brepocitinib 45 mg and 44% of subjects receiving brepocitinib 15 mg met the pre-specified primary efficacy endpoint of Treatment Failure at week 24 (lower failure rates reflect greater treatment benefit). The Treatment Failure rate from disease activity (discontinuations censored) was 18% in the brepocitinib 45 mg arm  All secondary efficacy endpoints were also positive and dose responsive, including measurements of potential benefit on prevention and treatment of uve Show less Read more
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