Organon Acquires Dermavant Sciences, Including VTAMA (tapinarof)

September 18, 2024

Organon has acquired Dermavant Sciences Ltd. from Roivant in a transaction that adds VTAMA (tapinarof) cream, 1% — a FDA‑approved, non‑steroidal topical for plaque psoriasis — to Organon’s dermatology portfolio. The deal is valued at up to approximately $1.2 billion (including $175 million upfront, additional regulatory and commercial milestones, and tiered royalties) and is intended to expand Organon’s dermatology capabilities and global commercial reach.

Buyers
Organon
Targets
Dermavant Sciences Ltd.
Sellers
Roivant Sciences
Industry
Pharmaceuticals
Location
California, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.