Organon
#3174
Rank
$3.79B
Marketcap
United States
Country
Mr. Kevin Ali (CEO & Director)
Mr. Matthew M. Walsh (Exec. VP & CFO)
Ms. Susanne Gabriele Fiedler (Exec. VP & Chief Commercial Officer)
Summary
History
Organon was founded by Dr. Saal van Zwanenberg in Oss, the Netherlands, in 1923 as a separate part of the meat factory Zwanenberg's fabrieken. Its first product was insulin in 1923. In the thirties it manufactured estrogens.In 1948, Organon acquired the Newhouse research site in Scotland, United Kingdom. The production of cortisone was initiated in 1953.In 1962, it bought the stock of the Nederlandsche Cocaïnefabriek. The company name was changed to Koninklijke Zwanenberg-Organon , and it merged with the fibre producer AKU in 1969 to become AKZO, later Akzo Nobel. Organon was the human health care business unit of Akzo Nobel. In 2004, Organon acquired active-pharmaceutical-ingredient producer Diosynth.In November 2007, Schering-Plough acquired Organon BioSciences and veterinary pharmaceutical company Intervet from Akzo Nobel. Schering-Plough transferred Organon to its headquarters in New Jersey. Two years later, Schering-Plough merged with Merck & Co., known as Merck Sharp & Dohme or MSD outside the United States and Canada.In May 2020, Merck & Co. announced that Organon & Co. will be the name of "the pending spin-off of its women’s health, legacy products, and biosimilars businesses, which the company says is on track to be completed by the end of the first half in 2021." Merck completed the spinoff and Organon & Co. became a publicly traded company on 3 June 2021.In November 2021, the business announced it would acquire Forendo Pharma and its lead compound, a potentially first-in-class oral 17?-hydroxysteroid dehydrogenase type 1 inhibitor.
Mission
Vision
Key Team
Dr. Sandra Milligan J.D., M.D. (Exec. VP and Head of R&D)
Ms. Rachel A. Stahler (Exec. VP & Chief Information Officer)
Mr. Aaron Falcione (Exec. VP & Chief HR Officer)
Ms. Jennifer Halchak (VP of Investor Relations)
Mr. Joseph T. Morrissey Jr. (Exec. VP and Head of Manufacturing & Supply)
Mr. Vittorio Nisita (Exec. VP & Head of Global Bus. Services)
Mr. Kirke Weaver (Gen. Counsel & Corp. Sec.)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Organon_%26_Co.
https://in.investing.com/equities/organon-co
https://finance.yahoo.com/quote/OGN/profile?p=OGN
https://www.comparably.com/companies/organon/mission
https://www.crunchbase.com/organization/organon
https://sec.report/CIK/0001821825
Mr. Kevin Ali (CEO & Director)
Mr. Matthew M. Walsh (Exec. VP & CFO)
Ms. Susanne Gabriele Fiedler (Exec. VP & Chief Commercial Officer)