earnings
confidence high
sentiment neutral
materiality 0.65
Roivant reports Q2 net loss $316M; VTAMA net revenue $5M; cash runway extended to H2 2025
Roivant Sciences Ltd.
2022-Q2 EPS reported
-$0.89
revenue$16,852,000
- Net loss $315.9M ($0.42/share); non-GAAP net loss $226.8M improved from $290.0M YoY.
- VTAMA net product revenue $5.0M; over 54,000 prescriptions by ~6,400 prescribers since launch.
- Cash, equivalents and restricted cash $1.6B; runway extended to H2 2025 after offerings and Myovant proceeds.
- Completed enrollment for brepocitinib SLE potentially registrational trial; data H2 2023.
- Federal court denied Moderna's motion to dismiss Genevant/Arbutus IP suit; discovery proceeds.