BASEL, Switzerland - Roivant Sciences Ltd. (NASDAQ:ROIV), a biopharmaceutical company, has announced the authorization of a share repurchase program of up to $1.5 billion. This includes the acquisition of all shares held by Sumitomo Pharma, totaling $648 million, which is expected to reduce the company's shares outstanding by approximately 9% as of February 9, 2024.
Sumitomo Pharma Announces Availability of ORGOVYX® (relugolix) in Canada
CAMBRIDGE, Mass., Dec. 11, 2023 /PRNewswire/ -- Sumitomo Pharma America, Inc. (SMPA) today announced new data from the ongoing Phase 1/2 first-in-human study of DSP-5336, in patients with relapsed or refractory acute leukemia, presented at the 65th American Society of Hematology (ASH) Annual Meeting & Exposition. DSP-5336 is an investigational small molecule inhibitor of the menin and mixed-lineage leukemia (MLL) protein interaction, which plays key roles in biological pathways, including cell growth regulation, cell cycle control, genomic stability, bone development, and hematopoiesis.1,2,3
Sumitomo Pharma wants overactive bladder (OAB) patients to go, go, go to the doctor’s office. Working with 21 Jump Street actor Holly Robinson Peete again, the Japanese drugmaker is seeking to reframe the urgency to go to the bathroom as a trigger for taking steps to access treatment for OAB.
CAMBRIDGE, Mass., Nov. 21, 2023 /PRNewswire/ -- Sumitomo Pharma America, Inc. (SMPA), today announced the expansion of its partnership with actress and overactive bladder (OAB) patient Holly Robinson Peete to reach people living with overactive bladder (OAB) through the Time To Go™ campaign. Time To Go is a platform designed to highlight the impact of OAB symptoms and provide education on disease management, including information on treatment options, such as GEMTESA® (vibegron), a FDA-approved prescription medication for the treatment of OAB in adults with symptoms of urge urinary incontinence, urgency, and frequency.
CAMBRIDGE, Mass., Nov. 3, 2023 /PRNewswire/ -- Sumitomo Pharma America, Inc. (SMPA) today announced preliminary clinical data for investigational agents TP-3654, a selective oral PIM1 kinase inhibitor, and DSP-5336, an inhibitor of the menin and mixed-lineage leukemia (MLL) protein interaction. These data will be presented at the 65th American Society of Hematology (ASH) Annual Meeting & Exposition, held December 9-12 in San Diego, Calif.
BUDAPEST, Hungary and BASEL, Switzerland and CAMBRIDGE, Mass , Nov. 2, 2023 /PRNewswire/ -- Gedeon Richter Plc. ('Richter') together with Sumitomo Pharma America, Inc. ('SMPA') and Sumitomo Pharma Switzerland, GmbH ('SMPS') today announce that the European Commission ('EC') has granted approval of a Type II Variation application for RYEQO® (relugolix 40 mg, estradiol 1.0 mg, and norethisterone acetate 0.5 mg) for the symptomatic treatment of endometriosis in women with a history of previous medical or surgical treatment for their endometriosis. This decision followed a positive opinion from the Committee for Medicinal Products for Human Use ('CHMP') of the European Medicines Agency ('EMA') on 15 September 2023 and is applicable for all Member States in the European Union.
Kyorin and Sumitomo to introduce drug for overactive bladder in Taiwan & other Asian countries
For $50 million upfront, Sumitomo Pharma is handing over rights to develop an oral orexin-2 receptor agonist that’s been through Phase I. Whereas Jazz will develop the drug in the US, Europe and other unspecified territories, the Japanese drugmaker is retaining Japan, China and other Asia-Pacific regional rights.