Mission Statement, Vision, & Core Values of Organon & Co. (OGN)

Are you curious about what drives a leading global healthcare company focused on women's health? Have you ever wondered how a company with over 60 medicines and products, generating $6.4 billion in revenue in 2024, stays aligned and focused?

Understanding the mission, vision, and core values of Organon & Co. (OGN) provides insight into their strategic direction and commitment to improving women's health, but how do these elements translate into their everyday operations and long-term goals? What role do these guiding principles play in achieving sustainable growth and shareholder value?

Dive in to discover how Organon's mission to deliver impactful medicines and solutions, coupled with their vision for a better and healthier every day for every woman, shapes their corporate culture and strategic decisions.

Organon & Co. (OGN) An Overview of

Organon & Co. (OGN), a global healthcare company, was established in June 2021 following its separation from Merck & Co. With a focus on women's health, biosimilars, and established brands, Organon develops and commercializes healthcare solutions. The company's portfolio includes well-known products like NuvaRing, Follistim, and a range of biosimilars addressing various medical needs.

Organon operates globally, marketing its products in numerous countries. As of the latest financial reports for the year 2024, Organon has demonstrated a robust financial performance, driven by key products and strategic market expansions.

In 2024, Organon reported a revenue of $6.25 billion. This figure reflects the company's strong market presence and the demand for its diverse healthcare products. Key highlights from the financial year include:

• Women's Health: Revenue remained consistent at $1.6 billion, showcasing the stability of this core segment.
• Biosimilars: Saw an increase to $0.5 billion, driven by growth in key markets.
• Established Brands: Generated $4.2 billion, supported by the company's global reach.

Organon's financial strategy also involves managing its debt and investing in research and development to sustain long-term growth. The company's commitment to innovation and market expansion positions it as a significant player in the healthcare industry.

Organon stands as a prominent company in the healthcare sector, particularly noted for its focus on women's health, biosimilars, and established brands. The company has demonstrated its success through consistent financial performance and strategic market growth. To delve deeper into understanding what makes Organon a leader in its industry, further insights are available here: Exploring Organon & Co. (OGN) Investor Profile: Who’s Buying and Why?

Organon & Co. (OGN) Mission Statement

Organon & Co. is a global healthcare company that spun off from Merck (known as MSD outside the U.S. and Canada). The company is focused on women's health, biosimilars, and established therapeutic areas. Organon has a portfolio of over 60 medicines and products, serving over 140 markets.

Organon's mission is to deliver impactful medicines and solutions for a healthier every day. This mission is central to the company's operations and is reflected in its commitment to:

• Improving women's health.
• Delivering high-quality products and services.
• Operating with high integrity and ethical standards.

Organon strives to create a better and healthier life for every woman. The company recognizes that when women are cared for, their families and communities also benefit.

For additional details, you might find this resource helpful: Organon & Co. (OGN): History, Ownership, Mission, How It Works & Makes Money

Vision Statement

Organon's vision is to create a better and healthier every day for every woman. This vision reflects a commitment to:

• Prioritizing women's health.
• Delivering innovation.
• Improving access to healthcare solutions.

Organon aims to lead change and ensure women have access to the solutions they need for their health needs.

Organon is dedicated to improving and innovating within the women's healthcare space, aligning with the UN Sustainable Development Goals for gender equality and female empowerment.

Core Values

Organon's core values are the foundation of its culture. These values guide the company's actions and decisions. The core values are:

• Be Real: Authenticity and transparency are essential.
• Own It: Drive accountability and empowerment with high integrity and ethical standards.
• Rise Together: Collaborate and succeed as a team.
• Keep Moving: Be entrepreneurial and resilient, leaning into challenges and embracing change.
• Bring Your Fire: Maintain passion for the company's purpose and work.
• We All Belong: See diversity as critical, ensuring everyone has a voice and feels a sense of belonging.

Financial Performance in 2024

In 2024, Organon reported a revenue of $6.4 billion, which represents a 2% increase as-reported and a 3% increase at constant currency. The diluted earnings per share were $3.33, and the non-GAAP adjusted diluted earnings per share were $4.11. The adjusted EBITDA was $1.96 billion, including $81 million of IPR&D, resulting in a 30.6% adjusted EBITDA margin.

Commitment to Diversity and Inclusion

Organon is committed to diversity, equity, inclusion, and belonging (DEIB). The company believes belonging is a business imperative and sees diversity as critical to everything it does. Organon strives to create a culture where all employees feel they belong and are engaged and empowered to share new ideas and diverse perspectives.

Organon takes several actions to ensure its commitment to DEIB:

• DEIB Education
• CEO Action for Diversity and Inclusion
• Employee “We all Belong” Pledge
• Established Global Diversity Council
• Working with diverse partners
• 10 employee-led Employee Resource Groups (ERGs)
• Pay equity across global operations
• Gender parity from top to bottom

Sustainability and Corporate Social Responsibility

Organon's company is designed based on its environmental, social, and governance (ESG) principles. The company focuses on issues that matter most to its stakeholders, its business, and women around the world. Organon is keen to shift the focus of women's healthcare beyond female reproduction to unaddressed needs, and it is the only global company of its size focused on women's health.

Organon & Co. (OGN) Vision Statement of

The vision of a company serves as its guiding star, outlining its aspirations and the future it seeks to create. For Organon & Co. (OGN), understanding its vision requires a close examination of its strategic goals and operational focus. Although a specific, formally published vision statement may not be readily available, the company's actions and public statements provide insight into its overarching ambitions. You can learn more about Organon's background and mission at: Organon & Co. (OGN): History, Ownership, Mission, How It Works & Makes Money

Given the available information, Organon's vision can be understood through several key components:

Focus on Women's Health

Organon's primary focus is on women's health. This singular focus indicates a vision centered around becoming a leader in this specific healthcare segment. This involves:

• Developing and providing a wide range of healthcare solutions tailored to women's needs.
• Expanding the availability and affordability of these solutions globally.
• Advocating for women's health issues and contributing to related research and development.

Global Expansion and Market Leadership

Organon aims to achieve significant global expansion and establish itself as a market leader. This part of their vision includes:

• Increasing its presence in key international markets.
• Pursuing strategic acquisitions and partnerships to broaden its product portfolio and market reach.
• Achieving top-tier performance in terms of revenue growth and profitability within the women's health sector.

Innovation and Product Development

Innovation is crucial for Organon to maintain a competitive edge. The company's vision incorporates a commitment to:

• Investing in research and development to create new and improved healthcare products.
• Leveraging technological advancements to enhance product efficacy and patient experience.
• Adapting to the evolving healthcare landscape and addressing unmet needs in women's health.

Financial Performance and Shareholder Value

Ultimately, Organon's vision includes delivering strong financial performance and creating value for its shareholders. This involves:

• Achieving sustainable revenue growth and profitability.
• Optimizing operational efficiency to improve margins.
• Returning capital to shareholders through dividends and share repurchases, as appropriate.

In the fiscal year 2024, Organon reported revenues of $6.25 billion, reflecting the company's significant presence in the women's health sector. Their strategic focus on expanding access to medicines and reproductive health products, particularly in international markets, underscores their commitment to addressing unmet needs in women's healthcare globally. The company's R&D efforts, with an investment of $396 million in 2024, are geared towards developing innovative solutions, reinforcing their vision of long-term growth and market leadership.

Organon & Co. (OGN) Core Values of

At Company, a commitment to core values drives their mission to deliver impactful medicines and solutions for women's health. These values shape their culture, guide their decisions, and define their interactions with stakeholders. Here's an exploration of how Company puts its core values into action:

Focus on Her Health

This core value underscores Company’s singular focus on women’s health. It means prioritizing the development and delivery of medicines and solutions that address the unique healthcare needs of women throughout their lives. Company aims to improve the health and well-being of women worldwide by focusing all its efforts on women's health.

Examples of Company's commitment:

• Expanding Access: Company has initiatives to expand access to its medicines and solutions, particularly in underserved communities. For example, the MSD for Mothers program, a global initiative, has invested over $740 million since its inception to reduce maternal mortality.
• Innovative Research: Company invests in research and development to address unmet needs in women's health, such as postpartum hemorrhage, pre-eclampsia, and preterm birth.

Act with Integrity

Integrity is fundamental to Company's operations. This value emphasizes honesty, transparency, and ethical conduct in all interactions. Company strives to build trust with its stakeholders by adhering to the highest ethical standards.

Examples of Company's commitment:

• Compliance Programs: Company has comprehensive compliance programs to ensure adherence to all applicable laws, regulations, and ethical guidelines.
• Transparency: Company is committed to transparency in its business practices, including clinical trial data and financial reporting.

Make a Difference

Company is dedicated to making a positive impact on the world. This value encourages employees to contribute to their communities and to find innovative ways to improve the lives of women. Company strives to be a responsible corporate citizen by actively engaging in social and environmental initiatives.

Examples of Company's commitment:

• Sustainability Initiatives: Company has implemented sustainability initiatives to reduce its environmental footprint and promote responsible resource management.
• Community Engagement: Company supports various community programs and initiatives that focus on women's health and well-being.

One Company

Company fosters a culture of collaboration, respect, and inclusion. This value emphasizes teamwork, open communication, and mutual support among employees. Company believes that by working together, they can achieve more than they could individually.

Examples of Company's commitment:

• Diversity and Inclusion Programs: Company has implemented diversity and inclusion programs to promote a diverse workforce and an inclusive work environment.
• Employee Development: Company invests in employee development and training to help employees grow and succeed in their careers.

For more insights into Company, explore this resource: Exploring Organon & Co. (OGN) Investor Profile: Who’s Buying and Why?