Viatris

Generics and established-brands company formed in 2020

Overview

Viatris, based in Canonsburg, Pennsylvania, provides medicines across cardiovascular, oncology, dermatology, eye care, gastroenterology, immunology and women’s health, and reports through Developed Markets, Greater China, JANZ (Japan, Australia and New Zealand) and Emerging Markets segments.[2] Forbes records its founding in November 2020, making it the youngest company in the list.[2] Sales were US$14.6bn, 0.7% lower than the prior-year figure, and the company reported a loss of US$296.5m.[2] It slipped one place to twenty-second, behind Regeneron. Its market value of US$19.2bn is the lowest in the ranking. Forbes counts 32,000 employees.[2]

Viatris strengths and limitations

Strengths

  • Wide geographic footprint
  • Large established-brands portfolio
  • Broad therapeutic coverage

Limitations

  • Net loss on Forbes figures
  • Sales declining
  • Low market value relative to sales

Appears in

Viatris peers and competitors

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