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New Deal


Announced

Completed

Journey Medical to acquire the molecule stabilizing technology of VYNE Therapeutics for $475m.

Financials

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Transaction Value£346m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Completed

Pharmaceuticals

Acquisition

Domestic

United States

pharmaceutical company

Majority

Private

Single Bidder

Synopsis

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Journey Medical, a pharmaceutical company, agreed to acquire the molecule stabilizing technology of VYNE Therapeutics, a pharmaceutical company, for $475m. “This transaction is a key component of our strategy to focus our future efforts and resources on the development of our immuno-inflammatory pipeline assets. We believe that Journey’s growing dermatology portfolio and extensive commercial expertise provide significant opportunity for the topical minocycline franchise moving forward," David Domzalski, VYNE CEO.

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