SoftBank Vision Fund Leads $1.1 Billion Financing of Roivant Sciences

Palo Alto – August 14, 2017 – Cooley advised SoftBank Vision Fund, which led a $1.1 billion equity investment in Roivant Sciences. This investment, which includes existing shareholder participation, is intended to accelerate the launch of new subsidiaries within and beyond the biopharma industry. An international Cooley team was led by Matthew Bartus, partner and co-chair of the firm’s global emerging companies practice.

“Roivant has attracted world-class talent in its pursuit of developing and commercializing drugs that target large unmet medical needs,” said Akshay Naheta, managing director of SoftBank Group International, in a news release. “We are impressed with the ambition and track record of the Roivant team and look forward to supporting them in the next step of their journey, as they look to effectively harness technology and leverage big data across all aspects of their business.”

Roivant, which was founded in 2014, is dedicated to transformative innovation in healthcare. Roivant focuses on realizing the full potential of promising biomedical research by developing and commercializing novel therapies across diverse therapeutic areas. It partners with innovative biopharmaceutical companies and academic institutions to ensure that important medicines are rapidly developed and delivered to patients.

The SoftBank Vision Fund invests globally in the businesses and technologies that will enable the next stage of the Information Revolution, and make tomorrow’s world leading businesses possible. It invests across all technology sectors and geographies, including computational biology, data-driven healthcare and technology-enabled pharmaceutical businesses.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 900 lawyers across 12 offices in the United States, China and Europe.

Related Contacts
Matthew Bartus Partner – Singapore and Principal – Hong Kong Singapore, Hong Kong
Aaron Pomeroy Partner Colorado
Barbara Mirza Partner Los Angeles, Palo Alto
Heidi A. Erlacher Partner in Charge – Boston Boston
Howard Morse Partner Washington, DC
Lila Hope Partner Palo Alto
Natasha Leskovsek Of Counsel Washington, DC
Patrick Loofbourrow Partner Shanghai, San Diego
Aaron Archer Partner London
Allison Pang Associate Palo Alto
Chen Chen Partner Boston
Christopher Kimball Partner Washington, DC
Emily Iannarelli Associate Palo Alto
Harry Calkin Associate London
Jonathan Rivinus Partner Colorado
Josh Seidenfeld Partner Palo Alto
Karen Tsai Special Counsel Washington, DC
Lauren Creel Partner Palo Alto
Lois Voelz Senior Counsel Palo Alto
Rebecca Ross Special Counsel Washington, DC
Sale Kwon Partner Palo Alto
Sarah Swain Associate Washington, DC
Sharon Connaughton Special Counsel Washington, DC
Anna Anderson Paralegal Specialist London
Christine Pemberton Patent Agent Boston