Organon successfully acquires Dermavant Sciences Ltd. to expand dermatology portfolio
Oct 28, 2024•about 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.
M&A Insights
Based on deal dataIntegration 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