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Viatris Q2 2026: Revenue $3.8B (+5%), GAAP net loss $119M, raises full-year guidance
Total revenues $3.8B, up 5% reported and 3.5% operationally vs Q2 2025; GAAP net loss $119M.
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Viatris enters ¥40B amended term loan facility, refinances prior 2021 facility
¥40,000,000,000 senior unsecured term loan facility, matures July 1, 2029 (three years from closing).
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Viatris closes €650M 4.250% Senior Notes due 2033 to refinance 2026 notes
€650M aggregate principal, 4.250% coupon, matures June 17, 2033; interest payable annually.
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Viatris issues €650M of 4.250% Senior Notes due 2033
Principal amount: €650,000,000 at 4.250% interest, maturing 2033.
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Viatris shareholders elect all 13 directors, approve executive compensation, ratify Deloitte & Touche
All 13 director nominees elected; votes For ranged from 798.5M (JoEllen Lyons Dillon) to 871.8M (Elisha Finney).
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Viatris Q1 revenues $3.5B (+8% YoY), adj. EBITDA $1.0B, reaffirms FY guidance
Total revenues $3.5B, up 8% reported and 3% operational vs Q1 2025.
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Viatris CFO Theodora Mistras to depart; Paul Campbell appointed interim CFO
Chief Financial Officer Theodora Mistras voluntarily ceases role effective May 8, 2026, to pursue another professional opportunity.
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Viatris Q4 2025 revenue $3.7B, FY $14.3B; announces restructuring with $700-850M charges
Q4 total revenues $3.7B, FY2025 total revenues $14.3B; met or exceeded all 2025 guidance metrics.
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Viatris Chief Legal Officer Brian Roman departs Feb 9; Matthew Maletta appointed successor
Brian Roman to cease as Chief Legal Officer on Feb 9, 2026; remains employee until April 1 for transition.
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Viatris to sell Biocon Biologics stake for $815M in cash and equity from Biocon Limited
Viatris receives $400M cash and $415M in newly issued Biocon Ltd shares for Biocon Biologics convertible preferred equity.
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Viatris appoints David Simmons to Compensation and Science & Technology Committees
David Simmons added to Compensation Committee effective after 2025 annual meeting.
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Viatris shareholders elect 13 directors, approve say-on-pay, ratify Deloitte at 2025 annual meeting
All 13 director nominees elected; lowest support was JoEllen Lyons Dillon with 779M for vs 72M against.
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Viatris Q3 results in line, raises FY guidance; acquires Aculys Pharma; NDA for estrogen patch
Total revenues for Q3 2025 in line with expectations; raising and narrowing 2025 guidance for revenues, adjusted EBITDA, adjusted EPS.
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Viatris amends bylaws on proxy access timing, sets 2026 annual meeting for May 15
Board approved Amended and Restated Bylaws, effective October 24, 2025, revising Section 2.16(b) on proxy access nomination notice.
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Viatris Q2 revenues beat expectations; reaffirms 2025 guidance, returns $630M+ to shareholders
Q2 total revenues exceeded company expectations; specific figures not disclosed.
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Viatris appoints ex-PPD CEO David Simmons to board; board expands to 15
David Simmons appointed independent director effective August 4, 2025; board size increased from 14 to 15.
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Viatris reaffirms 2025 outlook after Q1 results; returns >$450M to shareholders YTD
Total revenues in Q1 2025 in line with expectations; three positive Phase 3 data readouts achieved.
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Viatris appoints Frank D'Amelio and Michael Severino to Board; Rajiv Malik and Harry Korman to retire
Frank D'Amelio (former Pfizer CFO) and Michael Severino (Tessera CEO) appointed independent directors effective May 5, 2025.
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Viatris reports FY2024 revenue $14.7B, GAAP net loss $634M, adj EPS $2.65; guides 2025 share buybacks $500-650M
FY2024 total revenues $14.7B; GAAP net loss $634M ($0.53 diluted loss); adjusted EPS $2.65.
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Viatris shareholders reject say-on-pay proposal; approve 49M share increase for equity plan
Non-binding say-on-pay proposal failed with 49.23% in favor (458.9M against, 5.4M abstain).
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Viatris Q3 2024: Revenue $3.8B, GAAP EPS $0.08, Adjusted EPS $0.75, Repaid $1.9B Debt
Total revenues $3.8B, operational revenue growth ~3% on divestiture-adjusted basis; new product revenues $133M.
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Viatris enters $3.5B revolving credit facility, replacing $4B revolver
New $3.5B facility includes $300M LC subfacility and $175M swingline sublimit.
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Viatris launches cash tender offers for up to ~$1.8B in notes due 2025-2026
Any and all of $750M 1.650% Senior Notes due 2025 (Viatris) and €500M 2.125% Senior Notes due 2025 (Mylan) sought.
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Viatris Q2: GAAP net loss $326M, adjusted EPS $0.69 up ~3%; raises new product revenue guidance
Total revenues $3.8B, operational growth ~2% on divestiture-adjusted basis; GAAP revenue declined ~3%
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Viatris closes €1.95B divestiture of over-the-counter business to Cooper Consumer Health
Received €1.85B cash at closing (subject to adjustments) and up to €100M contingent additional consideration.
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Viatris appoints Dr. Rogério Vivaldi Coelho to Board of Directors
Appointment effective June 3, 2024; expands Board from 11 to 12 members.
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Viatris reports strong Q1: revenue $3.66B, adj. EPS $0.67, free cash flow $565M
Q1 revenue $3.66B, GAAP net earnings $113.9M; adjusted EBITDA $1.19B; GAAP EPS $0.09, adjusted EPS $0.67.
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Viatris FY23 rev $15.4B, adj EBITDA $5.1B; 2024 guidance; $1B buyback boost; Idorsia deal
FY23 total revenues $15.4B, U.S. GAAP net earnings $54.7M, adjusted EBITDA $5.1B, free cash flow $2.4B.
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Viatris signs definitive agreement to sell OTC business to Cooper Consumer Health
Viatris exercised put option on Jan 26, 2024; signed Transaction Agreement on Jan 29, 2024.
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Viatris assigns director Leo Groothuis to three committees; consolidates compliance & risk oversight committee
Leo Groothuis appointed to Compliance and Risk Oversight, Executive, and Governance and Sustainability Committees.
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Viatris Chairman Coury transitions to Chairman Emeritus; Higgins elected new Board Chair
Robert J. Coury steps down as Executive Chairman, becomes Chairman Emeritus and Strategic Advisor; Melina Higgins elected as Board Chair.
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Viatris amends bylaws and shareholders approve all proposals at 2023 annual meeting
Board approved amended bylaws effective Dec 15, 2023, updating universal proxy rules and Delaware law procedures.
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Viatris appoints Doretta Mistras as CFO effective March 1, 2024; Philippe Martin as Chief R&D Officer
Sanjeev Narula to step down as CFO on March 1, 2024; will receive severance of 2x base salary and target bonus.
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Viatris Q3 2023: Revenue $3.94B, net earnings $332M, reaffirms FY adj. EBITDA and FCF guidance
Total revenues $3.94B; U.S. GAAP net earnings $332M; adjusted EBITDA $1.36B; free cash flow $738M.
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Viatris reduces board to 11 directors; director Pauline van der Meer Mohr to retire Dec 15, 2023
Board size reduced to 11 directors effective after the 2023 annual meeting on December 15, 2023.
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Viatris President Rajiv Malik to Retire; President Anthony Mauro to Depart in Restructuring
Rajiv Malik, President, will retire as executive effective April 1, 2024, and remain on the Board and consult.
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Viatris announces $6.94B in gross proceeds from remaining divestitures, achieving >12x multiple
Aggregated gross proceeds up to $6.94B from biosimilars, OTC, API, Women's Health, and non-core markets.
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Viatris enters agreement to sell OTC business to Cooper Consumer Health for up to €1.95B
Up to €1.95B cash consideration: €1.85B at closing plus up to €100M contingent on return multiple.
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Viatris reports strong Q2 2023: revenue $3.92B, net income $264M, reaffirms guidance
Total revenues $3.92B, U.S. GAAP net earnings $264M, adjusted EBITDA $1.31B, free cash flow $447M.
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Viatris Exec Chairman Coury to step down; stays as Emeritus through 2025 with $15M/yr fee
Robert Coury transitions to Chairman Emeritus & Senior Strategic Advisor after 2023 annual meeting (mid-Dec).
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Viatris Q1 revenue $3.73B, net earnings $225M, adjusted EBITDA $1.34B; reaffirms full-year guidance
Total revenues $3.73B; US GAAP net earnings $225M; adjusted EBITDA $1.34B; free cash flow $923M.
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Viatris appoints Elisha Finney to Audit and Finance Committees; Scott Smith not assigned to any committee
Elisha Finney appointed to Audit Committee and Finance Committee effective February 24, 2023.
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Viatris appoints Scott A. Smith as CEO effective April 1, 2023; Michael Goettler departs
Scott A. Smith, former Celgene President/COO, appointed CEO effective April 1, 2023 to lead Phase 2 strategy.
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Viatris reports FY2022 revenue $16.3B, meets adjusted guidance; provides 2023 outlook
FY2022 total revenues $16,263M; adjusted EBITDA $5,777M; free cash flow $2,547M.
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Viatris appoints Elisha Finney and Scott Smith to Board; Dimick and Read retire
Neil Dimick and Ian Read retired from Viatris board effective Dec 28, 2022; no disagreement with company.
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Viatris 2022 annual meeting elects directors, approves exec compensation, rejects independent chair proposal
All four Class II directors elected with 739M-831M votes in favor; no broker non-votes counted.
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Viatris closes $3.335B biosimilars sale to Biocon Biologics; receives $2B cash and 12.9% equity stake
Total consideration: $2B cash at close, $1B convertible preferred equity (12.9% stake), plus $335M in future cash payments in 2024.
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Viatris acquires Oyster Point Pharma and Famy Life Sciences for $700-750M to create ophthalmology franchise
Aggregate purchase price $700-750M cash; Oyster Point at $11/share upfront plus up to $2 CVR; expects Q1 2023 close.
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Viatris Q3 revenue $4.08B, adj EBITDA $1.50B; reaffirms FY guidance; debt paydown ahead of schedule
Total revenues $4.08B; U.S. GAAP net earnings $354M; Adjusted EBITDA $1.50B.
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Viatris Q2 2022: Revenue $4.12B, adj. EBITDA $1.48B, reaffirms guidance
Total revenues $4.12B; U.S. GAAP net earnings $314M; adjusted EBITDA $1.48B.