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Merck & Co Puts A Date On Spinning Off Biosimilars

Plans Have Been Public For 12 Months

 
• By Dean Rudge

Merck & Co has disclosed more precise details around plans to spin off its more mature products, including biosimilars, into a new publicly traded company.

Spinning top
The Merck spin-off Organon will take residence in New Jersey. • Source: Shutterstock

Merck & Co says it is on track to complete the planned spin-off of its Organon unit, which includes its biosimilar products, “late in the second quarter.”

The US originator announced plans in February last year to separate its women’s health and more mature pharmaceutical products, including legacy brands

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