Roivant Sciences Ltd.

Stories

FDA approves Lisraya, first targeted therapy for dermatomyositis

Parent company of Priovant; trades on Nasdaq as ROIV

The FDA approved Lisraya on August 27, 2026, clearing the first targeted therapy ever approved for dermatomyositis, a rare autoimmune disease that inflames skin and weakens muscles. The once-daily pill showed gains in skin disease, muscle strength, and physical function within four weeks.

Updated Aug 28

Moderna's battle over the delivery technology in its COVID vaccine

Rule Changes

Parent of Genevant; announced $1B share buyback

For four years, Moderna faced questions about whether it owed billions for technology at the heart of its COVID-19 vaccine. Less than a week before a jury trial in Delaware, Moderna agreed to pay $2.25 billion to settle patent claims from Arbutus Biopharma and Genevant Sciences. The court found it infringed four valid patents, and if paid in full, it would be the largest disclosed patent settlement in pharmaceutical history, surpassing a $2.15 billion Pfizer-Takeda settlement in 2013.

Updated May 30