Viatris Inc. (VTRS)

NASDAQ: VTRS · IEX Real-Time Price · USD
10.43
-0.16 (-1.51%)
At close: Jul 2, 2024, 4:00 PM
10.45
+0.02 (0.19%)
After-hours: Jul 2, 2024, 7:57 PM EDT
-1.51%
Market Cap 12.42B
Revenue (ttm) 15.36B
Net Income (ttm) -56.10M
Shares Out 1.19B
EPS (ttm) -0.05
PE Ratio n/a
Forward PE 3.74
Dividend $0.48 (4.60%)
Ex-Dividend Date May 23, 2024
Volume 4,835,950
Open 10.70
Previous Close 10.59
Day's Range 10.33 - 10.71
52-Week Range 8.74 - 13.62
Beta 0.97
Analysts Sell
Price Target 11.00 (+5.47%)
Earnings Date Aug 8, 2024

About VTRS

Viatris Inc. operates as a healthcare company worldwide. The company operates in four segments: Developed Markets, Greater China, JANZ, and Emerging Markets. It offers prescription brand drugs, generic drugs, complex generic drugs, biosimilars, and active pharmaceutical ingredients (APIs). The company offers drugs in various therapeutic areas, including noncommunicable and infectious diseases; biosimilars in the areas of oncology, immunology, endocrinology, ophthalmology, and dermatology; and APIs for antibacterial, central nervous system agent... [Read more]

Sector Healthcare
CEO Scott Andrew Smith
Employees 38,000
Stock Exchange NASDAQ
Ticker Symbol VTRS
Full Company Profile

Financial Performance

In 2023, Viatris's revenue was $15.43 billion, a decrease of -5.14% compared to the previous year's $16.26 billion. Earnings were $54.70 million, a decrease of -97.37%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for VTRS stock is "Sell." The 12-month stock price forecast is $11.0, which is an increase of 5.47% from the latest price.

Price Target
$11.0
(5.47% upside)
Analyst Consensus: Sell
Stock Forecasts

News

US DOJ drops Viatris unit Mylan from industry-wide antitrust probe

Viatris said on Tuesday that its unit Mylan is no longer a subject of the U.S. Department of Justice's antitrust investigation into alleged price fixing in the generic drug industry.

15 hours ago - Reuters

U.S. Department of Justice Informs Viatris That It No Longer Considers Mylan a Subject of Generic Drug Industry Antitrust Investigation

PITTSBURGH , July 2, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS) today announced that the Antitrust Division of the U.S. Department of Justice ("DOJ") has advised that it no longer considers Myla...

16 hours ago - PRNewsWire

Viatris Named to TIME's World's Most Sustainable Companies 2024 List

PITTSBURGH , June 25, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced that it has been named to the inaugural edition of TIME's World's Most Sustainable ...

7 days ago - PRNewsWire

Viatris to Report Second Quarter 2024 Financial Results on August 8, 2024

PITTSBURGH , June 7, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS) will report its second quarter 2024 financial results on Thursday, August 8, 2024, before the open of the U.S. financial markets. ...

25 days ago - PRNewsWire

Viatris to Participate in the Goldman Sachs 45th Annual Global Healthcare Conference

PITTSBURGH , June 4, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced the company will participate in the Goldman Sachs 45th Annual Global Healthcare Conf...

4 weeks ago - PRNewsWire

Viatris Appoints Rogerio Vivaldi Coelho, M.D., to Board of Directors

PITTSBURGH , June 3, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced that as part of its ongoing Board refreshment efforts, Rogerio Vivaldi Coelho, M.D.,...

4 weeks ago - PRNewsWire

Viatris to Participate in the Jeffries Global Healthcare Conference

PITTSBURGH , May 31, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced the company will participate in the Jeffries Global Healthcare Conference at the Mar...

4 weeks ago - PRNewsWire

Viatris Publishes 2023 Sustainability Report: Building Sustainable Access at Scale

Company continues to supply high-quality medicines to approximately 1 billion patients annually Report chronicles Viatris' commitment to providing access to healthcare and building healthier communiti...

6 weeks ago - PRNewsWire

Idorsia announces financial results for the first quarter 2024 – advancing the company with renewed vigor

Ad hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland – May 21, 2024 Idorsia Ltd (SIX: IDIA) today announced its financial results for the first quarter of 2024.

6 weeks ago - GlobeNewsWire

Viagra maker Viatris misses revenue estimates on weak demand for older drugs

Drugmaker Viatris narrowly missed first-quarter revenue estimates on Thursday, hurt by weak sales for its older drugs such as cholesterol medication Lipitor and Norvasc for high blood pressure.

7 weeks ago - Reuters

Viatris Reports Strong First Quarter 2024 Financial Results and Reaffirms 2024 Financial Guidance Ranges

PITTSBURGH , May 9, 2024 /PRNewswire/ --  Reports Total Revenues of $3.66 Billion; U.S. GAAP Net Earnings of $113.9 Million; Adjusted EBITDA of $1.19 Billion; U.S. GAAP EPS of $0.09; Adjusted EPS of $...

7 weeks ago - PRNewsWire

Viatris to Participate in the BofA Securities 2024 Health Care Conference

PITTSBURGH , May 2, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced the company will participate in the BofA Securities 2024 Health Care Conference at th...

2 months ago - PRNewsWire

Viatris Expands its Wellbeing Program with the Launch of Unmind, a Leading Workplace Resource Focused on Mental Health

PITTSBURGH and LONDON , May 1, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, recently launched Unmind as part of its global wellbeing program, Elevate. Unmind is a lea...

2 months ago - PRNewsWire

Viatris to Report First Quarter 2024 Financial Results on May 9, 2024

PITTSBURGH , April 16, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS) will report its first quarter 2024 financial results on Thursday, May 9, 2024, before the open of the U.S. financial markets. Ch...

2 months ago - PRNewsWire

Viatris Appoints Corinne Le Goff as Chief Commercial Officer

PITTSBURGH , April 15, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced that Corinne Le Goff has joined the company as Chief Commercial Officer and will b...

2 months ago - PRNewsWire

UK watchdog says Theramex-Viatris deal raises competition concerns

Britain's competition watchdog said Theramex's purchase of European rights to two of Viatris' women's healthcare products ranges could lead to higher prices and lesser options for hormone replacement ...

3 months ago - Reuters

Teva, Viatris win new chance to challenge J&J schizophrenia drug patent

Teva Pharmaceutical and Viatris convinced a U.S. appeals court on Monday to revive their challenges to a patent covering a blockbuster Johnson & Johnson schizophrenia drug, giving them a new chance to...

Other symbols: TEVA
3 months ago - Reuters

Viatris Announces the Launch of RYZUMVl™ (Phentolamine Ophthalmic Solution) 0.75% in the United States

PITTSBURGH, April 1, 2024 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today announced the U.S. commercial launch of RYZUMVI™  (phentolamine ophthalmic solution) 0.75% for...

3 months ago - PRNewsWire

Viatris Hosts R&D Event Focusing on its Collaboration with Idorsia, Phase 3 Assets Selatogrel and Cenerimod and Key Elements of its Pipeline

PITTSBURGH , March 27, 2024 /PRNewswire/ -- At a meeting with the investment community today, Viatris Inc. (NASDAQ: VTRS), a global healthcare company, will outline how it is continuing to evolve its ...

3 months ago - PRNewsWire

Idorsia and Viatris successfully close the transaction for the global research and development collaboration

Ad hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland – March 18, 2024 Idorsia Ltd (SIX: IDIA) today announced that it has successfully closed the transaction with Viatris Inc. (NASDAQ: VT...

3 months ago - GlobeNewsWire

Scott+Scott Attorneys at Law LLP & Hedin Hall LLP Announce Notice of Class Action and Proposed Settlement to All Who Purchased or Acquired Shares of Viatris Inc. Pursuant to a November 2020 Merger of Mylan N.V. and Upjohn, Inc. to Form Viatris

NEW YORK , March 11, 2024 /PRNewswire/ -- IN THE COURT OF COMMON PLEAS OF ALLEGHENY COUNTY, PENNSYLVANIA RAJESH PATEL, Individually and on Behalf of All Others Similarly Situated,                     ...

4 months ago - PRNewsWire

US FDA declines to approve Viatris's injection for multiple sclerosis

The U.S. FDA has declined to approve Viatris and Mapi Pharma's once-a-month injection for treating relapsing forms of multiple sclerosis (MS), the companies said on Monday.

4 months ago - Reuters

Viatris forecasts strong 2024 sales on higher demand for branded drugs

Drugmaker Viatris forecast annual revenue above Wall Street estimates on Wednesday, banking on strong demand for its branded drugs such as Yupelri for lung disease and Breyna for asthma.

4 months ago - Reuters

Viatris Reports Fourth-Quarter and Full-Year 2023 Financial Results and Provides 2024 Financial Guidance

PITTSBURGH , Feb. 28, 2024 /PRNewswire/ -- Meets 2023 Guidance for Total Revenues, Adjusted EBITDA and Free Cash Flow[1]   Reports 2023 Total Revenues of $15.4 Billion, U.S. GAAP Net Earnings of $54.7...

4 months ago - PRNewsWire

Idorsia and Viatris enter into a significant global research and development collaboration

Ad hoc announcement pursuant to Art. 53 LR Viatris and Idorsia will collaborate on the global development and commercialization of two Phase 3 assets, selatogrel and cenerimod.

4 months ago - GlobeNewsWire