Merck & Co's Organon spinoff billed as good news for all
US pharma giant Merck & Co (NYSE: MRK) has detailed plans for the Organon spinoff.
Management have said that the new standalone company is positioned to deliver low to mid-single digit revenue growth off its base in June 2021, when Organon will begin trading.
The company will take Merck’s women's health, biosimilars and established brands divisions with it in the split.
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