The Vanishing Twin familiar will return when Isaac reaches the next floor.
Notes
If Vanishing Twin becomes a clone of a boss with a hardcoded item drop, such as Gish or one of the Harbingers, the second item pedestal will be from the boss item pool instead of the boss' regular drop.
Managing to defeat the boss before the twin has transformed into it will not prevent the twin from doing the transformation, and the boss fight will continue.
Obtaining Vanishing Twin in the boss fight itself will not take effect immediately. The boss room must be re-entered in order for the twin to transform.
On floors with multiple bosses (e.g. The Void) or when getting Curse of the Labyrinth, the twin will only act on the first boss encountered.
The twin will not transform into bosses that are randomly found in some default room layouts.
This item has no effect in Greed Mode and will not normally spawn in this game mode.
If it becomes a clone of Great Gideon, 2 extra waves of enemies are added to the battle, as well as the second Great Gideon also performing attacks.
If Vanishing Twin turns into Clutch, the clone will immediately enter its second phase due to not having any Clickety Clacks to possess.
When multiple Rotguts are spawned, only one needs to be entered.
In true Co-op, the pedestal spawned by Vanishing Twin will have an extra item for each player.
Familiars that follow behind Isaac have a certain priority in how close their position is to him over other familiars, with Vanishing Twin having the lowest priority at 6th and thus being farther from Isaac than familiars of different priorities.
Vanishing Twin does not appear in item pools (and cannot be found normally) from Chapter 4 onwards.
If sacrificed after it's transformed into a boss, it will still give an item from the sacrifice, but the boss will not disappear and will also not spawn an additional item.
IV - The Emperor?: The twin will clone the additional boss and spawn an item if the original one has not been visited yet. However, this will not allow for another item to be obtained from the floor's original boss, because the twin won't be active until the next floor.
Meat Cleaver: No effect on the number of items spawned.
A Vanishing Twin is a fetus that dies during gestation and is reabsorbed by its twin, hence the appearance of the item.
The familiar's flat appearance is due to a real life phenomenon known as fetus papyracaeus, where instead of a vanishing twin being physically reabsorbed by the other, the body stays in the womb and gets crushed and flattened by the healthy twin in full term between the fetus' expanding membranes and the uterine walls.
When encountering C.H.A.D., the original will notably shrink once its clone spawns, due to Vanishing Twin reducing its HP and C.H.A.D.'s HP being linked to its size.
Vanishing Twin used to not have the "lazarussharedglobal" tag with the lack thereof causing bugs. These bugs would occur when Tainted Lazarus used Flip. If Flip was used after the boss was cloned, it would not drop an additional item. If Flip was used after defeating the boss and gaining the item, it would spawn another item of the current pool on the next flip.
Bugs
Bug!
Some familiars like Headless Baby will follow the other boss as if it was a familiar.
After beating the boss, familiars that were after Vanishing Twin will get bugged and stay at the entrance of every room instead of following the player.
Bug!
Using IV - The Emperor while in a boss fight will immediately kill the twin boss and spawn the second item for free; the player will only have to fight one boss thereafter.
Bug!
In Double Trouble boss fights, only one of the bosses will get copied, but both of them will get their health lowered down to 75%.
Bug!
The interaction between this item and Great Gideon is unstable — attempting to kill a clone of Great Gideon with Chaos Card will sometimes fail and cause a softlock.
Bug!
When cloning Turdlet, Vanishing Twin will only clone 1 segment of the boss and will stick to it, making a 6-segments Turdlet.