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Sun Pharma to buy Organon for $11.75B in major portfolio expansion

Indian drug giant Sun Pharma has lined up an $11.75 billion acquisition of Organon, a women’s health and biosimilar maker spun out of Merck in 2021.

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Indian drug giant Sun Pharma has lined up an $11.75 billion acquisition of Organon, a women’s health and biosimilar maker spun out of Merck in 2021.

The all-cash deal came in at $14 per share $OGN and is slated to close early next year, the companies said Sunday evening.

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