Organon’s spinoff from MSD will soon be complete.

Industry sources expect the administrative spin-off at the global headquarters of MSD and Organon to be completed within the next month (June). Following the spinoff, Organon & Co. will launch as a completely independent corporation in Korea as well.

Organon’s Korean subsidiary has already moved into the shared office 'WeWork Gwanghwamun’ located in The K Twin Tower in Junghak-dong, Jongno-gu, Seoul last year, and has undergone the necessary processes for its separation.

However, the legal procedures of the spinoff may take a while. Organon is currently undergoing procedures to change the license holder for its products,