Pharma Deals Review, Vol 2026, No 5 (2026)

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Sun Pharma to Acquire Organon for US$11.75 B

Ayush Saxena

Abstract


To strengthen its women’s health and biosimilars portfolio, Sun Pharma has agreed to acquire Organon in a deal valued at up to US$11.75 B. The acquisition provides Sun Pharma with access to a portfolio of more than 70 Women’s Health and General Medicine products, including biosimilars, marketed across 140 countries. The deal comes five years after Organon was spun‑off from Merck & Co. in 2021. The transaction will be carried out through a merger between Organon and a Sun Pharma subsidiary, with Organon remaining as the surviving entity, and is expected to be completed in early 2027.

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