5 Best Medical Stocks Under $10

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In this article, we will discuss the 5 best medical stocks under $10. To read our detailed analysis of the healthcare sector, go directly to the 10 Best Medical Stocks Under $10.

5. Roivant Sciences Ltd. (NASDAQ:ROIV)

Number of Hedge Fund Holders: 27

Stock Price as of August 2: $3.70

Roivant Sciences Ltd. (NASDAQ:ROIV) is a Basel, Switzerland-based healthcare company founded in 2014 by Vivek Ramaswamy. The company is incorporating technology into the development of new drugs.

Roivant Sciences Ltd. (NASDAQ:ROIV) has shifted all its resources to maximizing sales for its VTAMA cream for plaque psoriasis and has also joined forces with Pfizer, Inc. (NYSE:PFE) by launching Priovant Therapeutics. The US Food and Drug Administration approved the VTAMA cream on May 24, making it the first steroid-free treatment given the go-ahead by the regulatory authority. Analysts think that Roivant Sciences Ltd. (NASDAQ:ROIV) is sitting on a $2 billion-plus drug, which could propel the company’s current market capitalization of $2.60 billion to new heights.

Overall, 27 hedge funds held a stake in Roivant Sciences Ltd. (NASDAQ:ROIV) as of Q1 2022.

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