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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.

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Related Contacts
Matthew Bartus  Partner San Francisco, Singapore, Palo Alto
Aaron Pomeroy  Partner Colorado
Barbara Mirza  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
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 Singapore, 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