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Roivant Splashes Cash Again To License GSK Skin Disorder Drug

 
• By Kevin Grogan

The UK drug maker is tightening its R&D focus by selling on the psoriasis and atopic dermatitis investigational drug tapinarof to Dermavant, banking a hefty £150m up front and possibly another £100m after that.

Gold
Riches under the Roivant umbrella • Source: Shutterstock

An extremely busy week for the Roivant Sciences GMBH umbrella of companies has ended with its Dermavant Sciences unit paying GlaxoSmithKline PLC £150m up front to get the rights to its Phase III-ready psoriasis and eczema candidate tapinarof.

As well as the initial fee, Dermavant has agreed to a potential future milestone payment of £100m to get hold of tapinarof, an investigational therapeutic aryl hydrocarbon receptor modulating agent...

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