Washington, D.C. 20549 FORM 10-K Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40782 ROIVANT SCIENCES LTD. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of in ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40782 ROIVANT SCIENCES LTD. (Exact name of Registrant as specified in its Charter) Bermuda 98-1173944 (State or other jurisdiction of incorp ...

ROIVANT SCIENCES Oncology Overview January 2022 of Forward-Looking Statements Forward–Looking Statements and Disclaimer This presentation will include forward-looking statements that are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies rega ...

ROIVANT SCIENCES Overview January 2022 O Forward-Looking Statements Forward–Looking Statements and Disclaimer This presentation will include forward-looking statements that are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the ...

Roivant Sciences Ltd. (NASDAQ:ROIV) Q2 2021 Earnings Conference Call November 15, 2021 8:00 AM ET Company Participants Paul Davis – Head of Communications Matthew Gline – Chief Executive Officer Richard Pulik – Chief Financial Officer Frank Torti – Vant Chair Eric Venker – President and Chief Operating Officer Mayukh Sukhatme – President and Chief Investment Officer Todd Zavodnick – Chief Executive Officer, Dermavant Conference Call Participants Robyn Karnauskas – Truist Securities Douglas Tsao – H.C. Wainw ...

Financial Results and Business Update for the Quarter Ended September 30, 2021 November 15, 2021 Forward-Looking Statements and Non-GAAP Financial Information Forward–Looking Statements Our discussions during this conference call will include forward-looking statements that are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Our forward-looking statements include, but are not limited to, statements regard ...

FORM 10-Q (Mark One) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40782 ROIVANT SCIENCES LTD. (Exact name of Registrant as specified in its Charter) Bermuda 98-1173944 (State or other jurisdiction of incor ...

Financial Performance - Revenue for the three months ended June 30, 2021, was $7,735 thousand, compared to $1,576 thousand for the same period in 2020, representing a year-over-year increase of approximately 389%[30] - Net loss attributable to Roivant Sciences Ltd. for the three months ended June 30, 2021, was $82,183 thousand, compared to a net loss of $3,243 thousand for the same period in 2020, indicating a significant increase in losses[30] - Comprehensive loss for the three months ended June 30, 2021, was $103,517 thousand, compared to $8,797 thousand for the same period in 2020, reflecting a substantial increase in comprehensive losses[32] - For the three months ended June 30, 2021, the company reported a net loss of $101.1 million, compared to a net loss of $8.0 million for the same period in 2020, indicating a significant increase in losses[44] - Net loss for the three months ended June 30, 2021, was $101.1 million, compared to a net loss of $8.0 million for the same period in 2020, indicating an increase of $93.1 million[178] Assets and Liabilities - Total current assets decreased from $2,186,995 thousand as of March 31, 2021, to $2,057,609 thousand as of June 30, 2021, a decline of approximately 5.9%[27] - Total liabilities decreased from $527,687 thousand as of March 31, 2021, to $474,865 thousand as of June 30, 2021, a reduction of approximately 10%[27] - Shareholders' equity attributable to Roivant Sciences Ltd. decreased from $1,797,788 thousand as of March 31, 2021, to $1,723,122 thousand as of June 30, 2021, a decline of about 4.1%[27] - Cash and cash equivalents decreased from $2,055,044 thousand as of March 31, 2021, to $1,996,733 thousand as of June 30, 2021, a decrease of about 2.8%[27] - The company had cash and cash equivalents of approximately $2.0 billion as of June 30, 2021, with an accumulated deficit of approximately $2.0 billion[44] Operating Expenses - Research and development expenses increased to $78,626 thousand for the three months ended June 30, 2021, up from $58,734 thousand in the same period of 2020, an increase of about 33.9%[30] - General and administrative expenses increased by $25.6 million to $82.8 million for the three months ended June 30, 2021, compared to $57.1 million for the same period in 2020, mainly due to higher professional fees and personnel-related expenses[183] - Total operating expenses increased by $46.1 million to $162.1 million for the three months ended June 30, 2021, compared to $116.0 million for the same period in 2020[178] Cash Flow - Net cash used in operating activities for the three months ended June 30, 2021, was $141.2 million, compared to $111.2 million for the same period in 2020[44] - Cash flows from investing activities resulted in a net cash outflow of $2.3 million for the three months ended June 30, 2021, compared to a net cash outflow of $25.6 million in the same period in 2020[44] - The company reported net cash provided by financing activities of $10.2 million for the three months ended June 30, 2021, compared to $181.1 million in the same period in 2020[44] Future Expectations - The company expects to incur additional losses in the future to fund operations and product research and development, recognizing the need to raise additional capital[45] - The company intends to raise additional capital through the issuance of equity securities, debt financings, or other sources to implement its business plan[45] - The company expects its existing cash and cash equivalents to be sufficient to fund its committed operating expenses and capital expenditure requirements for at least the next 12 months[45] - The company expects to continue incurring significant operating losses for the foreseeable future and does not anticipate generating product revenue until successful development and regulatory approval of product candidates[194] Investments and Fair Value - The fair value of the Company's investment in Arbutus was $117.7 million as of June 30, 2021, down from $129.4 million as of March 31, 2021, reflecting an unrealized loss of $11.7 million[76] - The fair value of the Company's investment in Sio was $50.7 million as of June 30, 2021, an increase from $48.5 million as of March 31, 2021, with unrealized gains of $2.2 million recognized[78] - The fair value of the Company's additional equity investment was $11.9 million as of June 30, 2021, compared to $11.1 million as of March 31, 2021[79] - The fair value of Level 3 liabilities decreased to $161.1 million as of June 30, 2021, from $217.99 million as of March 31, 2021, reflecting changes in fair value of debt and liability instruments[128] Research and Development - The company has a pipeline of over 30 drug candidates, ranging from early discovery to registration[143] - Research and development expenses are expected to increase as the company advances its product candidates through clinical trials[163] - The company is pursuing the funding of preclinical studies and clinical trials for its product candidates, as well as the manufacturing of drug substances[196] Share-Based Compensation - The company incurred share-based compensation of $19.3 million for the three months ended June 30, 2021, up from $14.3 million in the same period in 2020[44] - Share-based compensation expense related to stock options was approximately $10.3 million for the three months ended June 30, 2021, compared to $7.8 million for the same period in 2020[102] - Share-based compensation expense for the three months ended June 30, 2021, totaled $19.3 million, up from $14.3 million in the same period in 2020, representing a 35% increase[115] Market and Regulatory Developments - The FDA has assigned a PDUFA target action date in the second calendar quarter of 2022 for the NDA filing of Tapinarof for psoriasis[154] - Dermavant entered into a $160.0 million revenue interest purchase and sale agreement for its investigational product tapinarof, conditional on FDA approval[96] - The company has a $3 billion upfront partnership with Sumitomo Dainippon Pharma Co., Ltd.[143]