tiprankstipranks
Roivant Sciences Subsidiary Acquired for $1.2 Billion
Company Announcements

Roivant Sciences Subsidiary Acquired for $1.2 Billion

Don't Miss Our Christmas Offers:

Roivant Sciences ( (ROIV) ) just unveiled an update.

Organon has announced plans to acquire Dermavant Sciences Ltd., enhancing its dermatology portfolio with the innovative VTAMA® cream, a non-steroidal treatment approved for plaque psoriasis and under FDA review for atopic dermatitis. The $1.2 billion deal includes upfront and milestone payments plus royalties, aiming to strengthen Organon’s commitment to women’s health by addressing conditions with disproportionate effects on women. This strategic move is expected to leverage Organon’s commercial and medical capabilities to expand VTAMA’s global reach, underscoring Roivant’s collaborative approach to value creation and innovation in healthcare.

For a thorough assessment of ROIV stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskRoivant Sciences Ends Namilumab Study Due to Inefficacy
TheFlyKinevant says namilumab failed to meet primary endpoint in RESOLVE-Lung study
TipRanks Auto-Generated NewsdeskRoivant Sciences Reports Q2 2024 Financial Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App