Roivant Sciences GMBH Founder and CEO Vivek Ramaswamy told Scrip in an interview published last month that the company does not plan to pursue initial public offerings to fund any more of its standalone subsidiaries – and now we know how that's possible (see sidebar). Roivant closed a $1.1bn equity financing led by SoftBank Vision Fund, nearly doubling the $1.5bn it raised previously.
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