Viatris(VTRS)

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Viatris Inc. Class Action: Levi & Korsinsky Reminds Viatris Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 - VTRS
Prnewswire· 2025-05-09 09:45
NEW YORK, May 9, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Viatris Inc. ("Viatris" or the "Company") (NASDAQ: VTRS) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Viatris investors who were adversely affected by alleged securities fraud between August 8, 2024 and February 26, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/viatris-inc-lawsuit-submission-form-2? ...
Viatris Discloses Positive Data From 2 Drugs In Earnings Report, Stock Soars
Benzinga· 2025-05-08 18:55
Core Insights - Viatris Inc. has released positive data from a Phase 3 study on the contraceptive efficacy and safety of XULANE LO, a low-dose weekly dermal patch [1][2] - The company also reported results from a Phase 3 program for a fast-acting formulation of meloxicam, MR-107A-02, for moderate-to-severe acute pain [4][5] Contraceptive Study Findings - XULANE LO demonstrated a Pearl Index (PI) of 4.14, indicating contraceptive efficacy, with a cumulative probability of pregnancy over 13 cycles at 3.7% [2] - The safety profile was favorable, with most treatment-emergent adverse events reported as mild to moderate, and a low rate of unscheduled bleeding and spotting [2][3] - The patch adhesion profile was noted as best-in-class, with only 1.3% of patches completely detaching during the seven-day wear period [3] Pain Management Study Findings - MR-107A-02 showed statistically significant and clinically meaningful results in pain management following herniorrhaphy and bunionectomy surgeries [5][8] - The treatment led to a notable reduction in opioid usage, with 72.6% of patients opioid-free after herniorrhaphy compared to 58.6% in the placebo group, and 56.9% opioid-free after bunionectomy compared to 33.1% in the placebo group [8] Financial Performance - For Q1 2025, Viatris reported total revenues of $3.3 billion, down 11% year-over-year, primarily due to the negative Indore Impact [6][9] - The estimated Indore Impact on total revenues was approximately $140 million, with management projecting a revenue reduction of $500 million for 2025 due to issues at the Indore facility [7][9] - The company reaffirmed its 2025 sales outlook of $13.5 billion to $14 billion, with adjusted EPS guidance raised to $2.16-$2.30 [9][10] Stock Performance - Following the announcements, VTRS stock increased by 10.2%, reaching $9.48 [10]
Viatris Q1 Earnings and Revenues Beat Estimates, Stock Gains
ZACKS· 2025-05-08 17:40
Core Viewpoint - Viatris Inc. (VTRS) reported better-than-expected first-quarter adjusted earnings of 50 cents per share, surpassing the Zacks Consensus Estimate of 49 cents, although down from 67 cents per share in the same quarter last year [1][15] Financial Performance - Total revenues for the quarter were $3.25 billion, reflecting an 11% year-over-year decline, but still exceeding the Zacks Consensus Estimate of $3.23 billion [1][15] - Adjusted gross margin decreased to 55.9% from 58.8% year-over-year [10] Sales Breakdown - Sales from Developed Markets were $1.9 billion, down 3% on a divestiture-adjusted operational basis, missing the Zacks Consensus Estimate of $1.93 billion [4] - Emerging Markets generated $519.9 million in sales, down 5% on a divestiture-adjusted operational basis, but beating the Zacks Consensus Estimate of $464 million [5] - Sales from Japan, Australia, and New Zealand (JANZ) totaled $276.1 million, down 6% and missing the Zacks Consensus Estimate of $309 million [5] - Greater China sales increased by 4% to $555.5 million, surpassing the Zacks Consensus Estimate of $553 million [5] Product Category Performance - Revenues from Brands decreased by 8% to $2.1 billion, but increased by 3% on a divestiture-adjusted operational basis [6] - Lipitor sales were $388 million, relatively flat year-over-year, while Norvasc and Lyrica sales declined [6] - Generics revenue was $1.1 billion, down 16%, with an operational decline of 11% [7][9] Future Guidance - Viatris maintains its total revenue guidance for 2025 at $13.5-$14 billion and adjusted earnings per share guidance at $2.16-$2.30, updated from a previous range of $2.12-$2.26 [12] Research and Development Updates - Positive results were reported from phase III studies for Effexor and a novel formulation of meloxicam, with plans to submit a new drug application to the FDA by the end of 2025 [13][14]
Viatris Q1 Earnings Review: Shares Are Up, Time To Sell (Rating Downgrade)
Seeking Alpha· 2025-05-08 16:41
If you are interested in keeping up to date with stocks making moves within the biotech, pharma and healthcare industries, and understanding the key trends and catalysts driving valuations ahead of the market, why not subscribe to my weekly newsletter via my Investing Group, Haggerston BioHealth?Viatris Inc. ( VTRS ) has announced its Q1 2025 earnings earlier today and the market's response is initially positive - it's stock is up nearly 10% at the time of writing. Let's consider some headline figures.The g ...
Viatris (VTRS) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-08 14:36
Viatris (VTRS) reported $3.25 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 11.2%. EPS of $0.50 for the same period compares to $0.67 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.23 billion, representing a surprise of +0.81%. The company delivered an EPS surprise of +2.04%, with the consensus EPS estimate being $0.49.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...
Viatris(VTRS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:32
Financial Data and Key Metrics Changes - Total revenues for Q1 2025 were $3,300,000,000, down 2% on a divestiture adjusted operational basis, primarily due to the impact of indoor [4][28] - The company returned approximately $450,000,000 in capital to shareholders, with about $300,000,000 through share repurchases and $143,000,000 from dividends [4][8] - Adjusted gross margin was approximately 56%, in line with expectations, but declined compared to the prior year due to price regulations and increased product supply costs [31][32] Business Line Data and Key Metrics Changes - Brand revenues grew by 3%, driven by the expansion of the cardiovascular portfolio in emerging markets and growth in Greater China [28] - The generics business saw a decline, particularly in North America, which decreased by 8% due to indoor impact and competition [29] - Emerging markets experienced a 5% decrease in net sales, primarily due to indoor impact and customer buying patterns affecting the ARV generics business [30] Market Data and Key Metrics Changes - European business grew approximately 1%, with brand portfolio growth led by Creon, Brufen, and the thrombosis portfolio [29] - Greater China net sales grew by 4%, attributed to a diversified model across e-commerce, retail, and private hospitals [30] - The North American market faced challenges, with a significant decline in generics, but new product revenues partially offset this [29] Company Strategy and Development Direction - The company is focused on executing strategic priorities, including significant pipeline progress and remediation of the indoor facility [4][9] - A strategic review is underway to streamline costs and prepare for sustainable revenue and earnings growth [9] - The company aims to prioritize capital return to shareholders while navigating market and policy unpredictability [8][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the fundamentals of the business despite challenges from tariffs and supply chain disruptions [10][37] - The company reaffirmed its outlook for the year, expecting total revenues to be higher in the second half, driven by new product launches and seasonal trends [36][37] - Management highlighted the importance of patient access and ongoing discussions with the administration regarding the generic industry's role [46] Other Important Information - A non-cash goodwill impairment charge of $2,900,000,000 was recorded due to a decline in share price and increased business risk [34] - The company manufactured approximately 8,500,000,000 doses in the U.S. last year, with over 50% of U.S. revenue sourced from domestic manufacturing [12][83] - The company is exploring ways to optimize its global network and increase manufacturing capacity in the U.S. [13] Q&A Session Summary Question: Can you help us frame out how you're thinking about the peak sales opportunity for meloxicam? - Management indicated that the data from Phase three studies is compelling and positions the drug well for a major role in the acute pain market [40][56] Question: How should we think about the company's ability to mitigate the impact of tariffs? - Management is focused on increasing U.S. production and adjusting inventory levels while exploring long-term strategies to mitigate tariff impacts [44][46] Question: Can you elaborate on the volume versus price drivers for key brands in developed markets? - Management noted strong momentum in brand growth in China and Europe, while the generics portfolio was most impacted by indoor [75] Question: What is the expected timing and contribution cadence within the second half from key launches? - Management expects a second half ramp in revenue, with new product launches scheduled for approval in that period [78]
Viatris(VTRS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:30
Financial Data and Key Metrics Changes - In Q1 2025, the company reported total revenues of $3,300,000,000, a decrease of 2% on a divestiture adjusted operational basis, primarily due to the impact of indoor [4][26] - The adjusted gross margin was approximately 56%, in line with expectations, but declined compared to the prior year due to price regulations and increased product supply costs [30][31] - A non-cash goodwill impairment charge of $2,900,000,000 was recorded due to a decline in share price and increased business risk [31] Business Line Data and Key Metrics Changes - Brand revenues grew by 3%, driven by the expansion of the cardiovascular portfolio in emerging markets and growth in Greater China and developed markets [27] - The generics business experienced an 8% decline in North America, primarily due to the indoor impact and competition on select products [28] - The European business showed consistent growth of approximately 1%, with the brand portfolio growing by 2% [28] Market Data and Key Metrics Changes - In Greater China, net sales grew by 4%, attributed to a diversified model across e-commerce, retail, and private hospitals [29] - Emerging markets saw a decrease of approximately 5% in net sales, primarily driven by the indoor impact and customer buying patterns affecting the ARV generics business [29] - The company's products are commercialized in 165 countries, with 36 manufacturing, R&D, and packaging sites globally [9][10] Company Strategy and Development Direction - The company is focused on returning capital to shareholders, having returned approximately $450,000,000 in capital, including $300,000,000 through share repurchases [4][7] - A strategic review is underway to streamline costs and prepare for sustainable revenue and earnings growth [8] - The company is committed to increasing U.S. manufacturing capacity and optimizing its global supply chain in response to potential tariffs [10][12] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed the outlook for the year, expecting total revenues to be higher in the second half, approximately 52% of the full-year outlook [34][35] - The company is optimistic about its ability to navigate through periods of volatility and uncertainty in the industry [87] - Management expressed concerns about potential tariffs impacting financial performance and patient access to medications [9][44] Other Important Information - The company has made significant progress in its pipeline, with three positive Phase three data readouts and plans for regulatory submissions in 2025 [5][6] - The company is on track to deliver $450,000,000 to $550,000,000 of new product revenue this year [25] - A new Chief Strategy Officer has joined the executive leadership team, bringing extensive experience in the biotech and pharmaceutical industries [13] Q&A Session Summary Question: Can you help frame the peak sales opportunity for meloxicam and how much existing infrastructure can be leveraged? - Management indicated that the market demand for safer alternatives to opioids is significant, with over 70 million acute pain cases annually in the U.S. [50][51] Question: How should the company mitigate the impact of tariffs on U.S. sales? - Management is exploring various mitigation strategies, including increasing U.S. production and adjusting inventory levels [41][44] Question: Can you elaborate on the brand resilience and generic weakness observed in Q1? - Management noted that brand growth was driven by strong performance in China and Europe, while generics were impacted by the indoor situation [72][73] Question: What is the expected timing and contribution of key launches in the second half? - Management expects new product launches to be slightly more second half weighted, with several key products scheduled for approval [75][76]
Viatris(VTRS) - 2025 Q1 - Quarterly Report
2025-05-08 13:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________to___________ Commission file number 001-39695 VIATRIS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpora ...
Viatris (VTRS) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 13:20
Viatris (VTRS) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.04%. A quarter ago, it was expected that this generic drugmaker would post earnings of $0.57 per share when it actually produced earnings of $0.54, delivering a surprise of -5.26%.Over the last four quarters, the company ...
Viatris(VTRS) - 2025 Q1 - Quarterly Results
2025-05-08 11:53
Viatris Reports First Quarter 2025 Results and Reaffirms 2025 Outlook PITTSBURGH – May 8, 2025 – Viatris Inc. (Nasdaq: VTRS) today reported first quarter 2025 financial results and reaffirmed its 2025 outlook[1]. Executive Commentary "2025 is off to a good start as we continue to focus on executing our strategic priorities," said Scott A. Smith, CEO, Viatris. "Our growing pipeline, capital discipline, operational execution, and significant global scope give us confidence in our ability to navigate the perio ...