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-0.00203206141341152 0.000677353804470561 0 0.000451569202980427 -0.00203206141341152 -0.0117407992774892 -0.0108376608715285 -0.0090313840596071
Stock impact report

Leerink Raises Price Target as Roivant (ROIV) Accelerates Drug Development Pipeline [Yahoo! Finance]

Roivant Sciences Ltd. (ROIV) 
Company Research Source: Yahoo! Finance
11, Leerink Partners boosted its price target for Roivant Sciences Ltd. (NASDAQ:ROIV) to $32 from $29, keeping an Outperform rating on the company's shares. The firm highlighted lower estimated operational expenses in the years ahead than previously modeled, resulting in reduced expected losses and significant profitability beginning in fiscal year 2029. By the end of 2028, Roivant's “Next 36 Month vision” anticipates at least three commercial launches, four or more NDA/BLA submissions, no less than eight crucial readouts, and at least three proof-of-concept evaluations. Roivant Sciences Ltd. (NASDAQ:ROIV) has also advanced the development schedules for its primary therapeutic candidates, including brepocitinib, with a New Drug Application filing for dermatomyositis slated in early 2026 along with a possible commercial launch in early 2027. Furthermore, the Phase III trial for brepocitinib in non-infectious uveitis has reached full enrollment ahead of time, with topline results ex Show less Read more
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