Organon to Buy Roivant's Dermavant Unit in Deal Worth Up to $1.2 Billion

By MarketWatch | Sep 18, 2024 at 08:14 AM EST

Organon is acquiring Dermavant Sciences for up to $1.2 billion, expanding its dermatology portfolio with Vtama, a topical therapy for psoriasis. Organon will make an upfront payment of $175 million and additional milestone payments. The deal is expected to close by year-end.

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