Roivant lines up $3B upfront in Sumitomo Dainippon deal

Roivant lines up $3B upfront in Sumitomo Dainippon deal

Source: 
Fierce Biotech
snippet: 

Sumitomo Dainippon Pharma is set to pay $3 billion upfront to buy Roivant’s stake in five of its Vant startups. The big, broad deal could provide Dainippon with a series of new product launches to offset the upcoming loss of patent protection on bipolar depression drug Latuda.