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0.00295857988165687 0.00591715976331361 0.0147928994082841 0.0103550295857989 0.00612426035502963 0.00443786982248524 0.0014792899408285 -0.0103550295857987
Stock impact report

Organon Announces Agreement to Divest its JADA® System for Up to $465 Million to Laborie

Organon & Co. (OGN) 
Company Research Source: Business Wire
Net proceeds will be applied to debt reduction, advancing Organon’s ongoing deleveraging effortsPositions Organon for future investment in growth opportunities with a focus on women’s health biopharma and other strategic prioritiesLaborie’s capabilities in medical technology will facilitate broader access to JADA for more mothers JERSEY CITY, N.J.--(BUSINESS WIRE)--Organon (NYSE: OGN), (“Organon” or “the Company”) a global healthcare company with a mission to deliver impactful medicines and solutions for a healthier every day, announced today that it has entered into an agreement with Laborie Medical Technologies Corp. (“Laborie”), a leading diagnostic and therapeutic medical technology company, for them to acquire the JADA System. The transaction, valued at up to $465 million, is comprised of $440 million to be paid at closing, subject to certain closing adjustments, and a potential payment of up to $25 million subject to the achievement of certain 2026 revenue targets. Approximat Show less Read more
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