M&A Deal Summary

Timber Pharmaceuticals Acquires Timber Pharmaceuticals

On June 28, 2020, Timber Pharmaceuticals acquired life science company Timber Pharmaceuticals

Acquisition Highlights
  • This is Timber Pharmaceuticals’ 1st transaction in the Life Science sector.
  • This is Timber Pharmaceuticals’ 1st transaction in the United States.
  • This is Timber Pharmaceuticals’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-06-28
Target Timber Pharmaceuticals
Sector Life Science
Buyer(s) Timber Pharmaceuticals
Deal Type Add-on Acquisition
Advisor(s) Chardan Capital Markets (Financial)
Lowenstein Sandler (Legal)

Target

Timber Pharmaceuticals

Woodcliff Lake, New Jersey, United States
Timber Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of treatments for orphan dermatologic diseases. Timber's investigational therapies have proven mechanisms of action backed by decades of clinical experience and well-established CMC (chemistry, manufacturing, and control) and safety profiles. Timber is initially focused on developing non-systemic treatments for rare dermatologic diseases including congenital ichthyosis (CI), tuberous sclerosis complex (TSC), and localized scleroderma. Timber Pharmaceuticals is based in Woodcliff Lake, New Jersey.

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Buyer(S) 1

Buyer

Timber Pharmaceuticals

Basking Ridge, New Jersey, United States

Category Company
Sector Life Science
Employees6
DESCRIPTION

Timber Pharmaceuticals is a specialty pharmaceutical company focused on developing prescription products utilizing its proprietary hyantX topical delivery system for dermatology indications. Timber Pharmaceuticals is based in Basking Ridge, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1