Matt Dellatorre's questions to Viatris Inc (VTRS) leadership • Q2 2025
Question
Matt Dellatorre of Goldman Sachs inquired about Viatris's capital allocation strategy, the balance between share buybacks and business development (BD), and the company's long-term growth targets for 2026 and beyond.
Answer
CEO Scott Smith stated that the capital allocation plan remains balanced between shareholder returns and strategic, accretive BD to build a growth portfolio. He highlighted upcoming product launches and pipeline readouts as key organic growth drivers, declining to provide a specific 2026 growth target. CFO Doretta Mistras added that the base business is expected to generate low single-digit revenue growth, with BD investments being additive to that baseline.