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Organon Completes Divesture of JADA System to Laborie Medical
ZACKS· 2026-01-29 19:31
Key Takeaways Organon completed the JADA System sale to Laborie for up to $465M, with 100 employees to transfer.OGN plans to use net proceeds for debt reduction, supporting its goal to lower net debt to adjusted EBITDA.OGN's JADA System aided 136,000 women in more than 20 countries; the deal values it at 6.5X TTM revenues.Organon & Co. (OGN) announced the completion of the divestiture of its JADA System to Laborie Medical Technologies Corp. The deal is worth up to $465 million, including $440 million paid a ...