Organon & Co.
6.34-0.32 (-4.8%)
Oct 29, 4:00:02 PM EDT · NYSE · OGN · USD
Key Stats
Market Cap
1.65BP/E (TTM)
2.36Basic EPS (TTM)
2.69Dividend Yield
0.13%Recent Filings
8-K
10-Q
Q2 FY2025 results
Organon & Co. filed its 10-Q for the quarter ended June 30, 2025, but the document provided focuses on amendments to executive severance programs rather than financial results. The Executive Change in Control Severance Program, effective April 15, 2025, offers eligible Band 700+ executives lump-sum payments of base salary plus target bonus (multiplier 2.0 for Section 16 officers, 1.25 otherwise) and 24 months of medical benefits upon qualifying termination post-change in control, requiring a release of claims. The standard Executive Severance Program provides similar but non-multiplied cash severance, 12 months of benefits continuation, and 12 months of outplacement for CEO it's doubled. Both plans are self-insured welfare benefits under ERISA, with forfeiture for cause or detrimental acts. No financial metrics like revenue or EPS are disclosed in this filing. Competition from generic drugs remains a key risk.
8-K
Q2 revenue dips 1%, guidance up
Organon reported Q2 2025 revenue of $1.594 billion, down 1% ex-FX, as Women's Health grew 2% ex-FX on fertility strength while Established Brands fell 4% ex-FX from Atozet LOE in Europe. Adjusted EBITDA hit $522 million at 32.7% margin, boosted by 3% operating expense cuts and $345 million debt repayment. Revenue guidance lifted to $6.275-$6.375 billion. Debt shrinks fast.
8-K
Stockholders approve expanded stock plan
Organon & Co. stockholders approved the Amended and Restated 2021 Incentive Stock Plan at the June 10, 2025 annual meeting, boosting available shares by 7,800,000 while mandating 95% of awards vest after at least one year. All 11 board nominees won reelection with strong majorities; executive pay drew advisory approval but the director resignation proposal failed. This bolsters talent retention amid competition. Yet, share dilution looms.
8-K
FDA interchangeability for HADLIMA
Organon & Co. announced on May 27, 2025, that the FDA granted interchangeability designation to HADLIMA (adalimumab-bwwd) high- and low-concentration autoinjectors and high-concentration prefilled syringe, making it substitutable for all Humira presentations without prescriber consultation, subject to state laws. This builds on prior approvals, supported by clinical data showing comparable pharmacokinetics, efficacy, safety, and immunogenicity in psoriasis patients. HADLIMA boosts access to affordable TNF blockers for conditions like rheumatoid arthritis and Crohn's disease. Patients pay far less out-of-pocket for it.
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