ORGANON & CO Stock Price, News & Analysis

Organon (NYSE: OGN) has launched the Fertility Journey website to provide resources for individuals navigating fertility care. The initiative aims to educate users about infertility, treatment options, and emotional challenges. Statistics reveal that 7.3 million women utilized infertility services in the U.S. from 2006-2010. This launch coincides with the ASRM Scientific Congress in Baltimore (October 17-20), emphasizing Organon's commitment to enhancing fertility education.

Organon (NYSE: OGN) announced FDA clearance for its updated Jada® System, designed to treat abnormal postpartum uterine bleeding effectively. Postpartum hemorrhage cases have risen significantly in the U.S. The updated system features a new kit configuration and improved ease of use, enhancing treatment options in maternal health. The reconfigured Jada system is set to be available in January 2022. This strategic move follows Organon's acquisition of Alydia Health, reinforcing its commitment to women's health.

Organon (NYSE: OGN) has launched a Public Service Announcement (PSA) aimed at raising awareness about the high rates of unplanned pregnancies globally, affecting approximately 121 million women each year. Despite progress in reproductive health, many women still lack access to modern contraceptive methods. The initiative encourages conversations around reproductive well-being and invites participation from women, families, and healthcare professionals. The PSA will be aired across local television and social media channels.

Organon (NYSE: OGN) announced that CEO Kevin Ali and CFO Matthew Walsh will participate in a fireside chat at Morgan Stanley's 19th Annual Global Healthcare Virtual Conference on September 13, 2021, at 9:30 a.m. EDT. Investors and the public can access the live webcast at Organon Events. Organon focuses on women's health and has over 60 products, including reproductive health and biosimilars. The company aims to invest in growth opportunities and collaborate with biopharmaceutical innovators.

Organon (NYSE: OGN) will participate in a fireside chat at Citi’s 16th Annual BioPharma Virtual Conference on September 10, 2021, at 9:45 a.m. EDT. The session will feature CEO Kevin Ali and CFO Matthew Walsh. Investors, analysts, and the public are encouraged to view the live webcast here.

Organon focuses on women's health, offering over 60 products across various therapeutic areas, and recently acquired Alydia Health, specializing in postpartum hemorrhage. The company is headquartered in Jersey City, New Jersey.

Avestria Ventures, a venture capital firm based in the San Francisco-Bay Area, has successfully closed its Fund I aimed at investing in early-stage women’s health and female-led life sciences companies.

Founded by Linda Greub and Corinne Nevinny, Avestria targets sectors traditionally underserved by venture capital, with less than 1% of the $4T US healthcare market focused on women’s health as of 2020. Notable achievements include the June acquisition of portfolio company Alydia Health by Organon (NYSE: OGN) for up to $240M, indicating strong investor interest in these areas.

Organon (NYSE: OGN) reported a 5% increase in Q2 2021 revenue to $1,595 million, affirming its full-year guidance. The Board declared a quarterly dividend of $0.28 per share, payable on September 13, 2021. The Women's Health division grew by 19%, driven by NEXPLANON's 39% increase, while Biosimilars saw a 43% growth. However, Established Brands faced a 4% decline due to generic competition. Adjusted EBITDA dropped 19%, indicating challenges in cost management. Net income fell by 26% year-over-year.

Organon (NYSE: OGN) and ObsEva (NASDAQ: OBSV) have announced a licensing agreement for ebopiprant (OBE022), an investigational drug aimed at treating preterm labor. This agreement allows Organon exclusive global development and commercialization rights for ebopiprant, which could fill a critical gap in acute preterm labor treatment in the U.S. ObsEva will receive up to $500 million, including $25 million at signing, and tiered royalties on sales. The drug shows promise based on Phase 2a trial results, which indicated a significant reduction in preterm deliveries.

Organon (NYSE: OGN) is set to release its Q2 2021 financial results on August 12, 2021, prior to a conference call at 8:30 a.m. ET. Interested parties can access the live call via webcast. Following the call, a replay will be available on the company’s website. Organon focuses on women's health with over 60 products, including a strong reproductive health portfolio and expanding biosimilars business, supported by strong cash flows. The company aims for growth through acquisitions and collaborations in international markets.