
Sun Pharma to Acquire Organon for $11.75 Billion in Landmark Deal
Sun Pharmaceutical Industries will acquire New Jersey-based Organon & Co for $11.75 billion in an all-cash deal. The acquisition values Organon at $14 per share and will help lift the Indian generics major into the top 25 global pharmaceutical companies with combined revenue of $12.4 billion. Organon, spun off from Merck in 2021, specializes in women's health and biosimilars with over 70 products sold across 140 countries. The deal will increase Sun Pharma's innovative medicine segment contribution from 20% to 27% of total sales.