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Organon successfully acquires Dermavant Sciences Ltd. to expand dermatology portfolio

Oct 28, 2024about 1 year ago

Acquiring Company

Organon

Acquired Company

Dermavant

TherapeuticsBiotechnologyHealth Care

Description

Organon, a global healthcare company, has successfully completed the acquisition of Dermavant Sciences Ltd. This acquisition allows Organon to expand its dermatology portfolio, integrating the innovative VTAMA® (tapinarof) cream, 1%, and reinforcing its commitment to addressing unmet healthcare needs, particularly in the field of immuno-dermatology.

Company Information

Company

Organon

About

Organon is a global healthcare company formed through a spin-off from Merck, (NYSE: MRK) known as MSD outside of the United States and Canada, to focus on improving the health of women throughout their lives. Organon has a portfolio of more than 60 medicines and products across a range of therapeutic areas. Led by the women’s health portfolio coupled with an expanding biosimilars business and stable franchise of established medicines, Organon’s products produce strong cash flows that will support investments in innovation and future growth opportunities in women’s health. In addition, Organon is pursuing opportunities to collaborate with biopharmaceutical innovators looking to commercialize their products by leveraging its scale and presence in fast growing international markets. Organon has a global footprint with significant scale and geographic reach, world-class commercial capabilities, and approximately 9,500 employees with headquarters located in Jersey City, New Jersey. For more information, visit http://www.organon.com and connect with us on LinkedIn and Instagram.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed