Welcome to our dedicated page for Viatris news (Ticker: VTRS), a resource for investors and traders seeking the latest updates and insights on Viatris stock.
Viatris Inc. reports developments for a global healthcare company with a portfolio spanning generics, established brands and innovative medicines. News commonly covers quarterly results, guidance, cash deployment, dividends, capital allocation and management changes, alongside product launches and pipeline updates across major therapeutic areas.
Company updates also include scientific presentations and regulatory actions tied to specific medicines and candidates, including Effexor in Japan, ophthalmology programs such as phentolamine ophthalmic solution and RYZUMVI, and an investigational low-dose estrogen combined hormonal contraceptive weekly patch. Viatris was formed through the combination of Mylan and Pfizer's Upjohn business and operates with global centers in the U.S., China and India.
Viatris (VTRS) reported its Q4 and full-year 2024 results, meeting guidance for revenues, adjusted EBITDA, and EPS while exceeding free cash flow targets. The company achieved $14.7 billion in total revenues, with a U.S. GAAP net loss of $(634) million and adjusted EBITDA of $4.7 billion.
Key highlights include $582 million in new product revenues, $825 million returned to shareholders, and $3.7 billion in debt repayment. The company faces challenges with its Indore facility, expecting a negative impact of ~$500 million on 2025 revenues and ~$385 million on adjusted EBITDA due to FDA warning letter and import alert.
For 2025, Viatris plans to prioritize capital return with $500-650 million in share repurchases and expects six Phase 3 data readouts for key assets including selatogrel, cenerimod, and sotagliflozin.
Viatris (NASDAQ: VTRS) has announced its dividend policy for 2025, maintaining an annual dividend of $0.48 per share. The company's Board of Directors has declared a quarterly dividend of $0.12 per share, payable on March 18, 2025, to shareholders of record as of March 10, 2025. This represents the company's fifth consecutive year of dividend payments, demonstrating continued commitment to shareholder returns.
Viatris Inc. (NASDAQ: VTRS) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, February 27, 2025. The company will host a webcast at 8:30 a.m. ET on the same day to discuss the results. Investors and the public can access the live webcast through investor.viatris.com or by calling 844.308.3344 (US) or 412.317.1896 (international). A replay of the webcast will be made available on the company's website.
Viatris Inc. (NASDAQ: VTRS) has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco. The company's presentation and fireside chat are scheduled for Tuesday, January 14, 2025, at 8:15 a.m. PT / 11:15 a.m. ET.
Investors and interested parties can access a live webcast of the event through investor.viatris.com. An archived version of the presentation will be made available at the same location for a time following the live event.
Viatris (NASDAQ: VTRS) announced the publication of Phase 2b CARE study results for cenerimod in treating moderate-to-severe systemic lupus erythematosus (SLE). Published in Lancet Rheumatology, the study showed that cenerimod 4 mg demonstrated meaningful improvement in SLE disease activity compared to placebo. The trial involved 427 patients aged 18-75 years, randomized across different dosage groups.
Key findings include a -4.04 change from baseline in mSLEDAI-2K score for the 4 mg group, with stronger results in patients with high IFN-1 gene expression. The drug was well-tolerated with mostly mild to moderate adverse events. Additional biomarker data published in the Annals of the Rheumatic Diseases further characterized cenerimod's mechanism of action. These results have informed the ongoing Phase 3 OPUS program.
Viatris (VTRS) reported Q3 2024 financial results with total revenues of $3.8 billion and operational revenue growth of ~3% on a divestiture-adjusted basis. Key highlights include new product revenues of $133 million, U.S. GAAP net earnings of $95 million, and adjusted EBITDA growth of ~4% to $1.3 billion. The company repaid ~$1.9 billion of debt and expects to achieve its long-term gross leverage target of ~3.0x by year-end. Viatris entered an exclusive licensing agreement for sotagliflozin, expanding its cardiovascular disease portfolio. The company reaffirms its 2024 full-year outlook, expecting revenue growth of ~2% on a divestiture-adjusted operational basis.
Viatris (NASDAQ: VTRS) has announced its Board of Directors approved a quarterly dividend of $0.12 per share on November 4, 2024. The dividend will be distributed on December 13, 2024, to shareholders recorded as of November 22, 2024. This dividend applies to all issued and outstanding shares of the company's common stock.
Viatris (NASDAQ: VTRS) has been named to Forbes' World's Top Companies for Women 2024 List, in collaboration with Statista. The selection process involved surveys of approximately 100,000 women across 37 countries, collecting over 750,000 data points. The evaluation was based on three key criteria: Employer Brand Score, Public Opinion Score, and Leadership Score.
The recognition highlights Viatris' commitment to fostering diverse talent and creating an inclusive workplace culture. The company's women's Employee Resource Group, EmpoWer, has shown significant growth and impact in supporting female employees. This achievement follows other recent recognitions, including Forbes' World's Best Employers 2024, TIME's World's Most Sustainable Companies 2024, and USA Today's America's Climate Leaders 2024.
Viatris (Nasdaq: VTRS) has announced its participation in two major healthcare conferences in November 2024. The company will attend the UBS Global Healthcare Conference on November 12 at the Terranea Resort in California, with a fireside chat scheduled for 8:45 a.m. PT. Additionally, Viatris will participate in the Jefferies London Healthcare Conference on November 21 at the Waldorf Hilton Hotel in London, with a session at 10:30 a.m. GMT.
Both events will feature fireside chats with Viatris executives and will be accessible via live webcasts at investor.viatris.com, with archived versions available for time after the events.
Viatris Inc. (Nasdaq: VTRS) has entered an exclusive licensing agreement with Lexicon Pharmaceuticals for sotagliflozin in all markets outside the U.S. and Europe. Sotagliflozin, approved by the FDA in May 2023, reduces cardiovascular risks in adults with heart failure or type 2 diabetes mellitus, chronic kidney disease, and other cardiovascular risk factors.
This agreement leverages Viatris' expertise in cardiovascular diseases and its Global Healthcare Gateway®. Viatris will pay Lexicon an upfront payment of $25 million, with additional potential contingent payments including regulatory milestones, sales milestones, and tiered royalties ranging from low-double-digit to upper-teens on annual net sales. Viatris will handle regulatory and commercialization activities in licensed territories, while Lexicon will provide clinical and commercial supply of sotagliflozin.