07 Nov 2025
Laborie to Acquire JADA System from Organon
"Simpson Thacher advised Laborie Medical Technologies Corp., a Patricia Industries portfolio company, in its agreement to acquire the JADA System from Organon & Co. The transaction is valued at up to $465 million ($440M at closing plus up to $25M in 2026 revenue‑based milestone) and is expected to close in Q1 2026, subject to closing conditions and regulatory approvals."