Itching to Expand: Organon to Acquire Dermavant

Pharmaceutical giant Organon (NYSE: OGN) announced it will acquire Dermavant Sciences Ltd. from Roivant, in a private target merger valued at $1.2 billion.  Under the terms of the merger agreement, Organon will pay $175 million up front and a $75 million milestone payment upon regulatory approval, as well as...
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