Organon Acquires Dermavant Sciences (VTAMA tapinarof cream, 1%)
September 18, 2024
Organon entered into a definitive agreement to acquire Dermavant Sciences Ltd., including its immuno-dermatology product VTAMA (tapinarof) cream, 1%, for up to approximately $1.2 billion in aggregate consideration. Organon completed the acquisition in October 2024, expanding its dermatology capabilities in the U.S. with a nonbiologic, non-steroidal topical therapy for plaque psoriasis, and with atopic dermatitis under FDA review.
- Buyers
- Organon
- Targets
- Dermavant Sciences Ltd.
- Sellers
- Roivant
- Industry
- Healthcare Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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