---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-039024"
form_type: "8-K"
ticker: "VTRS"
cik: "0001792044"
company_name: "Viatris Inc"
filed_at: "2026-10-08T12:38:03+00:00"
generated_at: "2026-10-12T15:36:19.093886+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Viatris to buy Pacira for $36.50/share cash in $1.65B deal; expected close by end of 2026

## Summary
- Viatris will launch a tender offer at $36.50 per Pacira share in cash, then merge Pacira into a wholly owned Viatris subsidiary under Section 251(h) with no Pacira stockholder vote required.
- Pacira brings in-market U.S. products EXPAREL and ZILRETTA; Pacira generated about $746M revenue and $177M adjusted EBITDA in the twelve months ended June 30, 2026.
- Viatris expects to fund the deal primarily with excess cash and the remainder with short-term borrowings, with minimal impact on gross leverage and immediate accretion to guidance metrics.
- Pacira would owe Viatris a $62M termination fee under specified circumstances; outside date is April 8, 2027, auto-extending to July 8, 2027 for antitrust approvals.
- Conditions include tender of a majority of Pacira shares and HSR clearance; Pacira's board unanimously recommends tendering. Viatris reports Q3 2026 results Nov. 5, 2026.

## SEC filing metadata
- accession: 0001140361-26-039024
- form_type: 8-K
- ticker: VTRS
- cik: 0001792044
- company_name: Viatris Inc
- filed_at: 2026-10-08T12:38:03+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792044/000114036126039024/0001140361-26-039024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792044/000114036126039024/ef20083514_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-039024
- JSON: https://secwatch.observer/filing/0001140361-26-039024.json
- Plain text: https://secwatch.observer/filing/0001140361-26-039024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.