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 (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.
Viatris has released its 2023 Sustainability Report, highlighting extensive efforts in India to address critical health and social needs. Key initiatives include:
- Supporting Akshaya Vidya, a supplementary education program for underprivileged children.
- Developing a watershed in Ranga Reddy District to boost groundwater and agricultural productivity.
- Partnering with Sportz Village Foundation to promote fitness among children in Hyderabad.
In cancer care, Viatris, in collaboration with Tata Memorial Center, has screened over 8 million people for oral cancer, expanding from six districts to all 34 in Maharashtra and to six other states. The Healthy Liver Healthy Delhi program has provided over 30,000 liver health screenings since 2017. Viatris also supports sustainable farming practices and is working to address tuberculosis (TB) through multiple community programs, benefiting over 80,000 people in 2023.
Viatris, a global healthcare company, has released its 2023 Sustainability Report highlighting efforts to reduce packaging materials. Key initiatives include:
- Reducing paper use by 90 metric tons at oral-solid dose manufacturing sites
- Cutting 2 metric tons of plastic and 5 metric tons of wood through bulk packaging optimization
- Replacing 88 metric tons of plastic with polythene bags
- Reducing plastic use by 18 metric tons through shrink bundle film optimization
The company is also exploring e-labeling, implementing PCTFE mitigation in blister packaging, and pursuing carton-less initiatives. Viatris is working on harmonizing packaging across markets, including the use of quadrilingual packs to reduce the need for individual language-specific bottles. In Cairo, Egypt, the facility has started reusing empty supply carton boxes, saving four tons annually.
Viatris Inc. (NASDAQ: VTRS) announced positive top-line results from its Phase 3 study of EFFEXOR® (venlafaxine) in Japanese adults with Generalized Anxiety Disorder (GAD). The study met its primary objective, demonstrating superiority of EFFEXOR® over placebo in anxiolytic effects at 8 weeks. All seven secondary efficacy endpoints were also met.
EFFEXOR® was generally well tolerated, with low discontinuation rates due to adverse events and no serious adverse events observed. The company plans to submit to the Pharmaceuticals and Medical Devices Agency (PMDA) in 2025. This study is significant as there are currently no approved treatments for GAD in Japan.
Viatris Inc. (NASDAQ:VTRS), a global healthcare company, has been named to Forbes' list of World's Best Employers 2024 for the fourth consecutive year. This recognition, presented by Forbes and Statista, is based on an independent survey of over 300,000 participants across 50 countries.
Andrew Enrietti, Chief People Officer at Viatris, attributed this achievement to the company's strong culture that prioritizes employee well-being, inclusivity, diversity, growth opportunities, and work-life balance. The selection process involved participants rating their willingness to recommend their employer and reviewing various aspects of employment.
This recognition follows Viatris' inclusion in other prestigious lists such as TIME's World's Most Sustainable Companies 2024, USA Today's America's Climate Leaders 2024, and 3BL's 100 Best Corporate Citizens of 2023. The company has also received Great Place to Work® certifications and Top Employers certifications in multiple countries.
Viatris Inc. (NASDAQ: VTRS), a global healthcare company, has been named to Forbes' list of World's Best Employers 2024 for the fourth consecutive year. This recognition, presented by Forbes and Statista, is based on an independent survey of over 300,000 participants across 50 countries.
Andrew Enrietti, Chief People Officer at Viatris, attributed this achievement to the company's focus on its people and strong culture, which prioritizes well-being, inclusivity, diversity, growth opportunities, and work-life balance. The survey assessed employees' willingness to recommend their employer and their reviews of various employment aspects.
This accolade follows Viatris' inclusion in other prestigious lists such as TIME's World's Most Sustainable Companies 2024, USA Today's America's Climate Leaders 2024, and 3BL's 100 Best Corporate Citizens of 2023. The company has also received Great Place to Work® and Top Employers certifications in multiple countries.
Viatris has released its 2023 Sustainability Report, highlighting expanded contractor training initiatives. The company is constructing a new injectable manufacturing facility in Krishnagiri, India, emphasizing safety as a top priority. The project has achieved 2.3 million incident-free man hours and is expected to be completed by early 2025.
Key safety initiatives implemented at the 69,000 square meter site include:
- Establishing a Safety Park for equipment overview
- Providing nearly 8,000 manhours of EHS trainings
- Deploying a "Permit to Work" program with approximately 23,000 permits issued
- Implementing a reward program for exemplary safety performance
Jayesh Thakor, Senior Director - EHS Injectable India at Viatris, expressed pride in the project's safety record and thanked the EHS team, contractors, and project team for their support in achieving safety goals.