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Allergan Acquires Vitae, PsA Day, Novan News

Allergan is acquiring clinical-stage biotechnology company Vitae Pharmaceuticals for $21.00 per share, in cash, for a total transaction value of approximately $639 million. Novan has launched its initial public offering and is now listed on the NASDAQ. Celgene Corporation and the National Psoriasis Foundation are promoting the first-ever Psoriatic Arthritis Awareness Day to increase education, empowerment, and action for the psoriatic arthritis community. Nearly 25% of immigrant or minority participants in a recent survey say that they have never heard of skin cancer or melanoma, and more than half of participants had rarely or never performed skin self-exams. More on the study findings in DermWireTV.

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