MAM
Tonic Worldwide appoints Nishant Gopalia as senior vice president, media & martech
MUMBAI: Tonic Worldwide has announced the appointment of Nishant Gopalia as senior vice-president for media & martech. Gopalia, who brings over 18 years of experience in digital media, marketing, and strategy, joins from Viacom18 Sports, where he served as senior director and lead for digital media.
At Viacom18, Gopalia spearheaded digital strategies for major sports properties, including the Indian Premier League (IPL), FIFA, and the NBA. He was instrumental in driving user acquisition and retention for the company’s digital platform, JioCinema, through performance marketing campaigns, content innovations, and data-driven decision-making.
Prior to Viacom18, Gopalia held leadership roles at Tata Communications, Mindshare India, Performics, Disney Star, Wavemaker, Hungama Digital Services, and Dentsu Webchutney. His expertise spans app marketing, social media management, programmatic advertising, performance marketing, and digital content strategy.
In his new role at Tonic Worldwide, Gopalia will oversee media strategy and marketing technology initiatives, driving innovation and business growth for the agency’s clients. His appointment is expected to bolster Tonic’s capabilities in delivering comprehensive digital solutions.
Said Gopalia : “I look forward to contributing to its vision of delivering impactful and data-driven digital strategies.”
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Sun Pharma to acquire Organon in $11.75 billion deal at $14 per share
Acquisition to create $12.4 billion pharma giant with global scale and biosimilars push
MUMBAI: Sun Pharmaceutical Industries Limited has signed a definitive agreement to acquire Organon & Co. in an all-cash deal valued at $11.75 billion, marking one of the largest cross-border pharma acquisitions by an Indian firm.
Under the terms of the agreement, Organon shareholders will receive $14.00 per share in cash, with Sun Pharma set to acquire 100 per cent of the company’s outstanding shares. The transaction, approved by the boards of both companies, is expected to close in early 2027, subject to regulatory approvals and shareholder consent.
The deal significantly expands Sun Pharma’s global footprint and strengthens its position across women’s health, biosimilars, and branded generics. The combined entity is projected to generate revenues of around $12.4 billion, placing it among the top 25 pharmaceutical companies globally.
Organon, which was spun off from Merck in 2021, brings a portfolio of over 70 products spanning women’s health and general medicines, with operations across more than 140 countries. Its established presence in key markets such as the US, Europe, and China complements Sun Pharma’s existing strengths and growth ambitions.
Sun Pharmaceutical Industries Limited executive chairman Dilip Shanghvi said, “This transaction represents a significant opportunity for Sun Pharma to build on its vision of reaching people and touching lives. Organon’s portfolio, capabilities and global reach are highly complementary to our own.”
Sun Pharmaceutical Industries Limited managing director Kirti Ganorkar added, “This transaction is a logical next step in strengthening Sun Pharma’s global business. Together, we will become a partner of choice for acquiring and launching new products.”
From Organon’s side, Organon & Co. executive chair Carrie Cox noted, “This all-cash transaction offers compelling and immediate value to Organon stockholders, while positioning the business for continued growth under Sun Pharma.”
Strategically, the acquisition gives Sun Pharma entry into the global biosimilars space as a top 10 player and strengthens its innovative medicines portfolio, which is expected to contribute around 27 per cent of combined revenues. The deal is also expected to nearly double EBITDA and cash flow, supporting long-term deleveraging and investment capacity.
Sun Pharma plans to fund the acquisition through a mix of internal accruals and committed financing from global banks, while maintaining focus on disciplined integration and operational continuity post-merger.
If completed as planned, the deal signals a clear shift in India’s pharmaceutical ambitions, from scale at home to leadership on the global stage, with Sun Pharma positioning itself as a more diversified and innovation-led healthcare powerhouse.
