Viatris has made a significant impact in the
biotech field with various accomplishments and initiatives. It's listed on the
Forbes' World's Top Companies for Women 2024 and named on
TIME's World's Most Sustainable Companies 2024 List. Vaitris reported positive
financial results for Q2 2024 and it is said to be a good buy ahead of its Q3 earnings. Its Q2 earnings outpaced estimates, while its sales missed it. The company announced an exclusive licensing agreement with Lexicon Pharmaceuticals for Sotagliflozin in all markets outside of the U.S and Europe. Viatris also contributed to
sustainability by reducing packaging material and advocating for patients' rights. Notably, Viatris has been improving its
technical benchmark. The firm settled a patent dispute with
Novo Nordisk for weight-loss drugs and announced positive results from a phase 3 study of EFFEXOR. Despite some misses on revenues, its stock is considered to be undervalued, indicating a potential for buyback. Viatris keeps attracting top talent, appointing Rogerio Vivaldi Coelho, M.D., into its board and Corinne Le Goff as the Chief Commerical Officer.
Viatris VTRS News Analytics from Tue, 07 Nov 2023 08:00:00 GMT to Tue, 29 Oct 2024 16:00:00 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3