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Roivant Sciences Ltd (ROIV) Q2 2024 Earnings Call Highlights: Strong Cash Position and ... [Yahoo! Finance]

Roivant Sciences Ltd. (ROIV) 
Company Research Source: Yahoo! Finance
R&D Expense: $143 million; adjusted non-GAAP R&D expense of $132 million. G&A Expense: $203 million; adjusted non-GAAP G&A expense of $142 million. Loss from Continuing Operations: $237 million; adjusted loss of $219 million. Cash Position: $5.4 billion in cash at the end of the quarter. Debt Status: No debt on the balance sheet following the Dermavant transaction closure. Warning! GuruFocus has detected 5 Warning Signs with ROIV. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Roivant Sciences Ltd ( NASDAQ:ROIV ) reported promising 52-week data from their NIU Phase 2 study, showing sustained efficacy and no new safety signals. The company has initiated multiple clinical trials, including Phase 3 studies for brepocitinib in NIU and dermatomyositis, with Fast Track Designation granted by the FDA. Roivant Sciences Ltd ( NASDAQ:ROIV ) has a strong financial position with $5.4 billion Show less Read more
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