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1%","url":"https://stock-news.laohu8.com/highlight/detail?id=2468958544","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2468958544?lang=en_us&edition=fundamental","pubTime":"2024-09-18 20:45","pubTimestamp":1726663504,"startTime":"0","endTime":"0","summary":"Sept 18  - Organon & Co   :   * ORGANON TO ACQUIRE DERMAVANT INCLUDING ITS INNOVATIVE DERMATOLOGIC THERAPY, VTAMA  CREAM, 1%   * ORGANON & CO - DEAL VALUED AT UP TO $1.2 BILLION   * ORGANON & CO: DEAL TO BE MODESTLY DILUTIVE TO ADJUSTED EBITDA IN 2025, TURNING ACCRETIVE IN 2026   * ORGANON & CO-FDA REVIEWING SNDA FOR VTAMA CREAM AS POTENTIAL TREATMENT FOR AD IN ADULTS & CHILDREN 2 YRS OF AGE &OLDER,WITH PDUFA ACTION SEES IN Q4Source text for Eikon:    Further company coverage:    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billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2468583569","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2468583569?lang=en_us&edition=fundamental","pubTime":"2024-09-18 20:20","pubTimestamp":1726662017,"startTime":"0","endTime":"0","summary":"** Shares of Roivant Sciences    gain 2.5% to $12.35 premarket   ** Healthcare company Organon    says it has agreed to buy skin therapy developer Dermavant, a unit of Roivant, for up to $1.2 billion   ** The deal gives OGN access to Dermavant's psoriasis cream, VTAMA, approved by the U.S. FDA in May 2022   ** OGN to make an upfront payment of $175 million, as well as milestone payments of up to $950 million as part of the deal   ** OGN expects to close the transaction in Q4 this year   ** Up to last close, ROIV shares up 7.3% YTD 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20:14","pubTimestamp":1726661640,"startTime":"0","endTime":"0","summary":"Organon has agreed to buy medical dermatology company Dermavant Sciences, a majority-owned unit of Roivant Sciences, in a deal worth up to $1.2 billion.Organon on Wednesday said it will make an up-front payment of $175 million, along with up to $1.025 billion in milestone payments.Organon, a Jersey City, N.J., healthcare company, said the deal expands its dermatology portfolio with the addition of Vtama, a non-steroidal topical therapy approved for treatment of plaque psoriasis in adults and under FDA review for an additional indication to treat atopic dermatitis.Organon said it will pay Dermavant's shareholders tiered royalties on sales of Vtama, adding that it will also assume Dermavant liabilities valued at roughly $286 million as of June 30.The deal is slated to close by the end of the year.Biopharmaceutical company Roivant said it expects the deal to result in about $500 million in payments and cash savings within the next three years, along with the removal of all debt from its b","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4007","LU2065169927.USD","BK4559","ROIV","LU2065171311.SGD","LU2065171402.SGD","BK4139","BK4585","OGN","BK4588","LU2065170008.USD"],"gpt_icon":0},{"id":"2468588380","title":"Organon to Acquire Dermavant for $1.2 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2468588380","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2468588380?lang=en_us&edition=fundamental","pubTime":"2024-09-18 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