Patricia Industries-backed Laborie Medical Technologies to acquire the JADA System from Organon for $465m.

Patricia Industries-backed Laborie Medical Technologies, a diagnostic and therapeutic medical technology company, agreed to acquire the JADA System from Organon, a healthcare company, for $465m. "Childbirth is one of the most personal and profound moments in a woman's life, and every mother deserves to feel supported throughout it. The JADA System helps care teams provide treatment when it matters most and being part of that mission is something we hold with deep pride and purpose at Laborie. We are equally inspired by the dedication and strength of the commercial team behind the JADA and we are excited to have them join Laborie to help accelerate our growth in the obstetrics market," Chris Smith, Laborie President and CEO.