Roivant's Sale Of Dermavant To Organon: A Strategic Win-Win In Atopic Dermatitis [Seeking Alpha]
Organon & Co. (OGN)
Company Research
Source: Seeking Alpha
Myriam Alvarez 1.63K Follower s Follow Play 15min Summary Organon announced the acquisition of ROIV's Dermavant for $1.2 billion to enhance its dermatology portfolio. The deal includes ROIV's VTAMA cream, which is FDA-approved for plaque psoriasis and under review for atopic dermatitis. This deal also potentially expands Organon's market reach in atopic dermatitis. Roivant quickly monetizes its IP through sales, aligning with its business model and retaining potential milestone payments and royalties. Organon's stagnant revenues may be revitalized through the acquisition, potentially increasing sales significantly in the long run. Overall, I believe both Organon and Roivant are "buys" due to this deal's strategic advantages. The acquisition enhances Organon's growth prospects while allowing Roivant to monetize assets effectively. Tharakorn/iStock via Getty Images Organon & Co. ( NYSE: OGN ) recently announced its acquisition of Dermavant, a Roivant Sciences Lt
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News
- Organon: Certainly A Risky Bet, But Looks Increasingly Compelling (Upgrade) [Seeking Alpha]Seeking Alpha
- Update on FDA Review of VTAMA® (tapinarof) Cream, 1% for the Treatment of Atopic Dermatitis in Adults and Children 2 Years of Age and OlderBusiness Wire
- Investors Heavily Search Organon & Co. (OGN): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Organon Reports Results for the Third Quarter Ended September 30, 2024Business Wire
- US FDA Accepts Biologics License Application (BLA) for HLX14, Biosimilar Candidate of PROLIA/XGEVA (denosumab)Business Wire
OGN
Earnings
- 10/31/24 - Beat
OGN
Sec Filings
- 11/8/24 - Form 4
- 11/5/24 - Form 8-K
- 11/1/24 - Form 10-Q
- OGN's page on the SEC website