Spinoff updates: Merck’s Organon and Novartis’ Sandoz

Spinoff updates: Merck’s Organon and Novartis’ Sandoz

Source: 
Generics and Biosimilar Initiative
snippet: 

Merck spinoff Organon has announced third quarter revenue of US$1.6 billion in 2021. This shows slight decline in women’s health medications but growth in biosimilar sales. Following its 2021 third quarter review, Novartis is considering the spinoff of its biosimilar division, Sandoz, as a standalone company.