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Stock impact report

Roivant Sciences Ltd (ROIV) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial ... [Yahoo! Finance]

Roivant Sciences Ltd. (ROIV) 
Company Research Source: Yahoo! Finance
4 min read Cash and Marketable Securities: $5.2 billion as of December 31, 2024. Share Buybacks: $500 million authorized for additional buybacks; $1 billion in stock bought back by end of 2024. Sale of Dermavant: Closed sale to Organon for approximately $259 million. R&D Expense: $142 million, adjusted to $131 million. G&A Expense: $142 million, adjusted to $71 million. Debt: No debt on the balance sheet following the Organon transaction. Warning! GuruFocus has detected 3 Warning Sign with ROIV. Release Date: February 10, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points Roivant Sciences Ltd ( NASDAQ:ROIV ) has a robust pipeline with exciting late-stage biotech programs, including FcRn and brepocitinib, and plans to initiate several new trials by March 2026. The company has a strong cash position with $5.2 billion in cash and marketable securities, providing financial stability and flexibil Show less Read more
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