By Nicholas G. Miller
Shares of Roivant Sciences were higher after the company released positive results from a phase-two study of its brepocitinib treatment for cutaneous sarcoidosis, a skin disease.
The stock rose 14% to $24.19 in premarket trading after closing Thursday up 94% over the past 52 weeks.
The company said the 45-milligram form of the drug significantly improved cutaneous sarcoidosis disease activity and that all patients receiving the dose achieved a clinically meaningful response.
The drug was well tolerated with no serious adverse events and all adverse events graded mild or moderate in severity.
A phase-three program for cutaneous sarcoidosis will begin this year.
Write to Nicholas G. Miller at nicholas.miller@wsj.com
(END) Dow Jones Newswires
February 06, 2026 09:16 ET (14:16 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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