Welcome to our dedicated page for Viatris Ord Shs news (Ticker: VTRS), a resource for investors and traders seeking the latest updates and insights on Viatris Ord Shs stock.
Viatris Inc. (Nasdaq: VTRS) is a global healthcare company that regularly issues news on its operations, strategy and pipeline across generics, established brands and innovative medicines. This news page aggregates company announcements, press releases and third-party coverage related to VTRS, giving readers a single place to review the latest corporate developments.
Viatris frequently reports on regulatory milestones in its global pipeline. Recent updates include FDA approval of octreotide acetate for injectable suspension as a generic version of Sandostatin LAR Depot, FDA acceptance of a New Drug Application for a low dose estrogen weekly contraceptive patch, FDA clearance of an IND for the MR‑146 gene therapy candidate in neurotrophic keratopathy, and acceptance of a Japanese New Drug Application for pitolisant in obstructive sleep apnea syndrome. The company also announces progress in Japan and the Asia-Pacific region, such as the acquisition of Aculys Pharma and rights to pitolisant and Spydia nasal spray.
Investors can also find financial and corporate news, including quarterly results, updates to financial guidance, capital return actions like dividends and share repurchases, and information on enterprise-wide strategic reviews. Viatris’ participation in major healthcare and investor conferences, such as the J.P. Morgan Healthcare Conference and other sector events, is typically announced through press releases that are reflected in the news flow.
Additional news items may cover business development and collaborations, such as research agreements to develop engineered bacteriophage products for ophthalmic infections, as well as governance updates, board appointments and changes to corporate bylaws. For anyone tracking VTRS, this page offers a concise view of how Viatris communicates its strategy to strengthen its core portfolio, expand innovative brands and optimize its global structure.
Viatris Inc. (NASDAQ: VTRS) and Mapi Pharma announced the presentation of recent clinical findings regarding GA Depot at the American Academy of Neurology (AAN) 75th Annual Meeting in Boston from April 22-27, 2023. The pivotal Phase III clinical trial analyzes the efficacy and safety of GA Depot, a long-acting glatiramer acetate for treating relapsing forms of multiple sclerosis (RMS). Viatris emphasizes its commitment to improving healthcare access for MS patients through innovative solutions. The poster session details include research results to be presented on April 24, 2023, from 5:30 to 6:30 p.m. EST.
Viatris is dedicated to providing high-quality medicines globally, with a portfolio of over 1,400 approved molecules across various therapeutic areas.
Viatris Inc. (NASDAQ: VTRS) will report its first quarter 2023 financial results on May 8, 2023, before the markets open. CEO Scott Smith, President Rajiv Malik, and CFO Sanjeev Narula will host a webcast at 8:30 a.m. ET on the same day to discuss the results. Investors can access the live webcast at investor.viatris.com or by calling 800-579-2543. A replay will also be available on their website. Founded in November 2020, Viatris focuses on providing access to medicines globally. The company operates in over 165 countries and boasts a portfolio of more than 1,400 approved medicines across a wide range of therapeutic areas.
Viatris Inc. (NASDAQ: VTRS) has collaborated with the American College of Cardiology to launch the "Health Equity and Social Determinants of Health in NCDs" course on the NCD Academy, coinciding with World Health Day. This initiative aims to equip healthcare professionals with resources to tackle non-communicable diseases (NCDs), which account for over 70% of global deaths. The program is part of Viatris' commitment to health equity, supporting its goal to educate 100 million patients by 2025. Launched in 2020, the NCD Academy now offers nearly comprehensive training on various NCDs, addressing mental health and advocacy as well. The course rollout started in April, highlighting the importance of equitable healthcare for vulnerable communities.
Viatris Inc. (NASDAQ: VTRS) has appointed Scott A. Smith as its new CEO, effective April 1, 2023, as the company prepares to advance its Phase 2 strategic plan in 2024. Smith, a seasoned healthcare executive with over 35 years of experience, has been on Viatris' Board since December 2022 and previously held leadership roles at Celgene Corporation and BioAtla, Inc. The board believes Smith's extensive expertise in building and managing complex organizations will be beneficial for Viatris' growth. Former CEO Michael Goettler will assist during the transition before his departure, after having led the company through its initial phase.
Viatris Inc. (NASDAQ: VTRS) has reported meeting its 2022 adjusted guidance, with total revenues reaching $16.263 billion, despite the negative impact of the Biosimilars Transaction and acquired IPR&D. The company confirmed a 2023 revenue growth outlook compared to 2022, excluding the full-year effects of the biosimilars. It increased shareholder returns through $250 million in share repurchases and declared a quarterly dividend of $0.12 per share. Moreover, Viatris paid down approximately $3.3 billion in debt in 2022, contributing to a total reduction of $5.4 billion since 2021, while remaining on track with planned divestitures.
Viatris Inc. (NASDAQ: VTRS) will announce its fourth quarter and full year 2022 financial results on February 27, before U.S. markets open. The announcement will be followed by a webcast at 8:30 a.m. ET on the same day, featuring insights from CEO Michael Goettler, President Rajiv Malik, and CFO Sanjeev Narula. The public can access the live call through investor.viatris.com or by phone. Founded in November 2020, Viatris combines expertise in medicine distribution and sustainability, providing over 1,400 approved molecules in more than 165 countries.
Viatris shares the inspiring journey of Matt Klein, its senior director of global corporate communications, who began running marathons after being inspired by his sister in 2004. Since then, he has completed over 70 marathons and aims to run in all 50 U.S. states.
After the loss of his father in 2018, he took on a 200-mile run to honor him and has participated in three 200-mile races within four months. Klein has raised over $100,000 for charity through his running endeavors, highlighting the importance of community and resilience.
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Viatris Inc. (NASDAQ:VTRS) announced a $1 million donation to enhance global access to healthcare, food security, and water stewardship. The funds are allocated to four organizations: Direct Relief, World Central Kitchen, WaterAid, and World Food Program USA. Each organization will receive $250,000 to address pressing global challenges, including the impacts of COVID-19, climate change, and food insecurity. This initiative aligns with Viatris' commitment to the UN Global Compact and Sustainable Development Goals, emphasizing the role of businesses in fostering solutions to societal issues.
Viatris (NASDAQ: VTRS) has completed its acquisitions of Oyster Point Pharma and Famy Life Sciences, forming a new Eye Care Division. The total acquisition prices were approximately $415 million for Oyster Point Pharma and $280 million for Famy Life Sciences, with both transactions anticipated to generate at least $1 billion in sales by 2028. The new division aims to leverage combined expertise to enhance patient access and solidify Viatris' position in the global eye care market.