Axovant was Roivant's star and the first test of its risk-reducing strategy, but the company will attempt to move its spotlight to other assets at an R&D day on July 10. Ahead of the event, Roivant announced a reorganization to strengthen its subsidiaries and accelerate the creation of new ones.
Roivant Sciences GMBH's big star Axovant Sciences Ltd. failed the first big test of the parent company's risk-reducing strategy, but a reorganization announced on June 26 is meant to strengthen and launch other Roivant subsidiaries, with different programs pushed into the spotlight.
The organizational changes were announced just two weeks before the first-ever Roivant Pipeline Day scheduled for July 10 where the...
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