The company in a statement said that its subsidiary Biocon Biologics has inked a pact to acquire Viatris Inc''s biosimilars business for consideration of up to USD 3.335 billion

Why the Biocon stock plunged on acquisition of biosimilar rights of Viatris

12:39pm, Monday, 28'th Feb 2022 The Hindu BusinessLine
Premium valuation of the deal, the taking on of high debt and potential for margin dilution are key reasons for the fall

Market movers: Biocon plunges 11%, Shankara Building jumps 10%

12:16pm, Monday, 28'th Feb 2022 Economic Times India
When Biocon said it will buy US-based Viatris Inc''s biosimilars business in a transaction valued at $3.34 billion that will increase debt on its books, the market did not take it kindly.
Viatris (VTRS) misses on Q4 earnings but surpasses sales estimates. The company announces a combination of its biosimilars portfolio with Biocon Biologics.
Viatris (NASDAQ: VTRS) announced its Q4 results and sale of its biosimilar assets to India''s Biocon Biologics for up to $3.335B.Viatris Q4 total revenue rose 19.82% Y/Y to $4.34B.Net…
Viatris reported solid fiscal 2021 earnings, after having increased guidance on multiple occasions.
Biocon Biologics Ltd has agreed to acquire Viatris Inc's (NASDAQ: VTRS) biosimilars assets for up to $3.335 billion in stock and cash. The deal value includes cash of up to $2.335 billion and Comp

Viatris (VTRS) Q4 Earnings Miss Estimates

09:14am, Monday, 28'th Feb 2022
Viatris (VTRS) delivered earnings and revenue surprises of -2.44% and 0.71%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
(Reuters) -Viatris Inc, the drugmaker formerly known as Mylan, said on Monday it had agreed to pay $264 million to resolve a class action lawsuit alleging it engaged in a scheme to delay generic compe
Viatris Inc. VTRS, +4.38% , the company formed by the merger of Mylan and Pfizer Inc. PFE, +3.83% unit Upjohn in 2020, said Monday it has reached an agreement to combine its biosimilars portfolio with
BBL will also obtain Viatris'' rights in all biosimilars assets, including its in-licensed portfolio and an option to acquire Viatris'' rights in bAflibercept

Will Viatris Q4 results bring earnings surprise?

07:04pm, Friday, 25'th Feb 2022 Seeking Alpha
Viatris (NASDAQ:VTRS) is scheduled to announce Q4 earnings results on Friday, February 25th, after market close.The consensus EPS Estimate is $0.75 and the consensus Revenue Estimate…
In recent trading session, Viatris Inc. (NASDAQ:VTRS) saw 3.26 million shares changing hands at last check today with its beta currently measuring 1.30. Company’s recent per share price level of $14.38 trading at $0.45 or 3.23% at last check today assigns it a market valuation of $16.98B. That most recent trading price of VTRS’s stock … Viatris Inc. (NASDAQ:VTRS) Currently -13.28% Below Its 52-Week High But The Downside Potential May Surprise You Read More »
Viatris (VTRS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Viatris (VTRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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