Immunovant, Inc.IMVT

$35.34+0.63 (+1.82%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$7B
Mid-cap
+23300%
2019 — today
10-Year Price
+230%
2019 — today
52-Week Range
$14.69$35.56
Current $35.34· 99%

Immunovant, Inc. is a biopharmaceutical firm in the clinical development phase, dedicated to advancing novel monoclonal antibody therapies for the treatment of various autoimmune conditions. The company's primary focus is batoclimab, a pioneering, fully human monoclonal antibody. This antibody is engineered to specifically target and block the neonatal fragment crystallizable receptor (FcRn), a key mechanism in certain autoimmune diseases. Batoclimab is currently undergoing Phase IIa clinical evaluations for treating both myasthenia gravis and thyroid eye disease. Additionally, it has commenced Phase II clinical studies for patients suffering from warm autoimmune hemolytic anemia. Established in 2018, Immunovant operates from its headquarters in New York, New York, functioning as a subsidiary under the umbrella of Roivant Sciences Ltd.

Valuation in context

P/E ratio
-12.7
N/A
Not meaningful — company is unprofitable
P/B ratio
8.4
Historically pricey
Historically pricey — last 10 years
FCF Yield
-5.7%
Above average
Above the 10-year average
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