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Merck to Spinoff Organon into Independent Company

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Merck to Spinoff Organon into Independent Company

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  • Merck spinoff Organon & showed a slight decline in women’s health medications but growth in biosimilar sales in Q3’21. Organon’s lead pipeline product is used to treat endometriosis,
  • Additionally, Novartis also consider the spinoff of its biosimilar division, Sandoz as a standalone company. Sandoz currently has eight biosimilars launched globally and 15 more in the pipeline
  • Novartis has reported the start of a strategic review of the Sandoz division. The review will explore all options for Sandoz from retaining the business to separation. The review will stop at the end of 2022

Ref: Center for Biosimilars | Image: Merck

Click here to­ read the full press release 

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This content piece was prepared by our former Senior Editor. She had expertise in life science research and was an avid reader. For any query reach out to us at connect@pharmashots.com

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