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Viatris (VTRS)

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Earnings summaries and quarterly performance for Viatris.

Recent press releases and 8-K filings for VTRS.

Viatris launches Inpefa in UAE
VTRS
Product Launch
  • Viatris launched Inpefa (sotagliflozin) in the UAE, the first country in its territories to commercialize the dual SGLT1/2 inhibitor for heart failure treatment.
  • Inpefa, approved to reduce cardiovascular death, hospitalization for heart failure and urgent heart failure visits in adults with heart failure, type 2 diabetes, chronic kidney disease or other cardiovascular risk factors, is the first and only dual SGLT1/2 inhibitor for heart failure.
  • Approval was based on Phase 3 trials: SOLOIST-WHF showed a 33% reduction in the composite risk of heart failure hospitalization, urgent visits and cardiovascular death (up to 51% when initiated pre-discharge); SCORED showed a 25% reduction in the same endpoint; MACE was reduced by 23%, MI by 32% and stroke by 34%.
  • Viatris plans additional launches over the next several years and has submitted regulatory filings in Canada, Australia and Mexico to expand global access.
Jan 20, 2026, 11:59 AM
Viatris outlines 2026 growth strategy at J.P. Morgan Healthcare Conference
VTRS
Product Launch
Share Buyback
M&A
  • Viatris reported $14.1 billion in 2025 revenue, $4.1 billion EBITDA, and $2.2 billion in free cash flow in the last 12 months, serving over 1 billion patients in 165 countries.
  • The base generics and established brands business has stabilized with 1–2% revenue growth over the past eight to ten quarters, and management expects to drive mid-single-digit revenue growth in 2026 through planned launches and accretive in-market business development.
  • A robust pipeline and launch slate is set for 2026, including fast-acting meloxicam, sotagliflozin, pitolisant and Spidifen in Japan, Effexor GAD, plus Phase 3 readouts for cenerimod and selatogrel expected late 2026/early 2027.
  • An enterprise-wide strategic review aims to optimize procurement, marketing and development, delivering net savings to the bottom line; cash flow will be allocated roughly 50/50 between dividends/share buybacks and business development.
Jan 13, 2026, 5:00 PM
Viatris outlines 2026 growth strategy at J.P. Morgan Healthcare Conference
VTRS
Guidance Update
Product Launch
M&A
  • Over the past 12 months, Viatris delivered $14.1 billion in revenue, $4.1 billion in EBITDA, and $2.2 billion in free cash flow across 165 countries with 1,400 products.
  • Management returned over $1 billion to shareholders through dividends and share buybacks and initiated an Enterprise-Wide Strategic Review to streamline operations and reinvest savings.
  • The company expects to shift to mid-single-digit revenue growth in 2026, supported by upcoming launches and net savings from the strategic review beginning to drop to the bottom line.
  • Key 2026 launches include sotagliflozin, fast-acting meloxicam, low-dose estrogen patch, and in Japan: Spidifen, Pitolisant, Effexor GAD, plus an eye-care treatment for presbyopia.
  • Viatris is targeting $500 million–$1 billion peak-revenue assets via ~60 regional deals annually, with emphasis on accretive U.S. in-market and Japan business development.
Jan 13, 2026, 5:00 PM
Viatris outlines 2026 strategy and pipeline at JPM Healthcare Conference
VTRS
Product Launch
M&A
Share Buyback
  • Viatris reported $14.1 billion in revenue, $4.1 billion in EBITDA, and $2.2 billion in free cash flow for 2025, operating in 165 countries and serving over 1 billion patients annually.
  • The company achieved 5 of 6 positive Phase 3 readouts in 2025 and advanced key pipeline assets (Cenerimod, Selatogrel, Lucerastat), with planned 2026 launches of sotagliflozin, fast-acting meloxicam, Pitolisant, Spidifen, and Effexor GAD.
  • An Enterprise-Wide Strategic Review completed in 2025 aims to optimize the organizational structure, with significant cost savings expected to begin flowing through in 2026 and support mid-single-digit revenue growth.
  • Viatris executed 60 regional business development deals in 2025, is targeting accretive U.S. assets ($500 million–$1 billion peak sales), expanded its Japan portfolio via the Oculus acquisition, and plans a 50/50 split of free cash flow between shareholder returns and M&A over the next 3–5 years.
  • Remediation at the Indore manufacturing facility is ~90% complete; FDA reinspection timing is pending, but built-in redundancies should limit operational volatility in 2026.
Jan 13, 2026, 5:00 PM
Viatris outlines 2025 financial results and 2026 strategic priorities
VTRS
Product Launch
Guidance Update
  • 12 months ended September 30, 2025: Total revenues of $14.1 billion, adjusted EBITDA of $4.1 billion, adjusted EPS of $2.32, and free cash flow ex-transaction costs of $2.2 billion.
  • Global footprint: operations in 165+ countries, 26 manufacturing facilities, ~1,400 approved molecules, serving ~1 billion patients annually.
  • Achieved key 2025 milestones: completed five positive Phase 3 readouts, over $1 billion returned to shareholders, and acquisition of Aculys Pharma in Japan.
  • 2026 strategic setup: anticipated launches (e.g., sotagliflozin in H1 2026, low-dose estrogen patch in H2 2026), enterprise-wide cost savings, and pipeline milestones for cenerimod and selatogrel.
Jan 13, 2026, 5:00 PM
vVARDIS presents drill-free early cavity treatment at 2026 J.P. Morgan Healthcare Conference
VTRS
Product Launch
New Projects/Investments
  • vVARDIS founders Drs. Haley and Goly Abivardi showcased Curodont™, a drill-free early cavity treatment—with over 2 million teeth treated in 24 months—at the 2026 J.P. Morgan Healthcare Conference.
  • Emphasized recognition by Jamie Dimon at the 2025 event and vVARDIS’ status as the fastest-growing dental product in the U.S. preventive category.
  • Launched the “Save Teeth Save Lives” global cavity awareness campaign, symbolized by a turquoise ribbon, to promote early, non-invasive cavity intervention.
  • Highlighted recent momentum with $85 million in funding from OrbiMed and expanded partnership with Henry Schein, supporting Curodont’s rollout in 12 percent of U.S. dental offices.
  • Earned Dental Advisor’s 2026 Innovative Company of the Year award and Research Award for Curodont Repair Fluoride Plus.
Jan 12, 2026, 5:35 PM
Viatris provides pipeline update on four regulatory milestones
VTRS
Product Launch
New Projects/Investments
  • FDA approval of generic octreotide acetate LAR depot injectable suspension for acromegaly and carcinoid tumour indications
  • FDA acceptance of NDA for a once-weekly low-dose estrogen patch (150 mcg norelgestromin/17.5 mcg ethinyl estradiol) with a PDUFA target date of July 30, 2026
  • FDA clearance of IND for MR-146 AAV gene therapy in neurotrophic keratopathy, with a Phase 1/2 CORVITA trial planned in H1 2026
  • PMDA acceptance of J-NDA for pitolisant in obstructive sleep apnea syndrome; narcolepsy J-NDA submission expected by year-end 2025
Dec 18, 2025, 11:59 AM
Viatris announces monetization of Biocon Biologics stake
VTRS
M&A
  • Viatris will sell its convertible preferred equity in Biocon Biologics for $815 million total consideration: $400 million in cash and $415 million in newly issued Biocon Limited shares.
  • The agreement accelerates biosimilars non-compete restrictions, which will lapse immediately for ex-U.S. markets and in November 2026 for U.S. markets.
  • The transaction is expected to close in Q1 2026, subject to customary closing conditions.
  • Citi is acting as financial advisor, with Cravath, Swaine & Moore LLP and Khaitan & Co. as legal advisors to Viatris.
Dec 8, 2025, 12:00 PM
Viatris to monetize Biocon Biologics stake
VTRS
M&A
Convertible Preferred Issuance
  • Viatris enters agreements to sell its convertible preferred equity stake in Biocon Biologics for $815 million total consideration ($400 million cash + $415 million Biocon shares).
  • Shares are subject to a six-month lock-up and will trade on the National Stock Exchange of India.
  • The deal accelerates expiration of biosimilars non-compete restrictions, effective at close outside the U.S. and in November 2026 for U.S. markets.
  • The transaction is expected to close in Q1 2026, pending satisfaction of closing conditions.
Dec 6, 2025, 2:00 PM
Viatris outlines strategic review and growth plan at Evercore HealthCONx Conference
VTRS
Guidance Update
New Projects/Investments
  • Viatris is executing an enterprise-wide strategic review to optimize cost structure and position for sustained revenue and earnings growth beyond 2026.
  • The company expects its base business to generate approximately $200 million of net annual growth, supplemented by innovative assets from its pipeline and M&A activity.
  • Over a three-year period, Viatris aims to capture significant, sticky cost savings—after allowing for reinvestment—with the majority flowing through to the bottom line.
  • It plans to deploy about $2 billion in annual free cash flow equally between shareholder returns (dividends and buybacks) and building its growth pipeline.
  • Key pipeline highlights include fast-acting meloxicam for acute pain with an opioid-sparing claim expected, and on-demand antiplatelet selatogrel for acute MI, both in late-stage development and targeted for launch in late 2026.
Dec 3, 2025, 1:45 PM