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Viatris Publishes Sustainability Report Showcasing 2022 Progress on Building Sustainable Access to Medicine Viatris Inc. (NASDAQ: VTRS), a global healthcare company, today published its 2022 Sustainability Report showcasing its commitment, impact and...

Key Takeaway: Viatris Inc. has released its 2022 Sustainability Report, highlighting its efforts to promote sustainable access to medicine. The report outlines the company's accomplishments in improving global health and supporting environmental initiatives, having supplied medicines to around 1 billion patients. Viatris is a signatory to the United Nations Global Compact and is dedicated to fostering equality in healthcare access and curbing climate change. The report reiterates the company's ongoing commitment to transparency in its sustainability practices.
Price reaction · baseline $9.37 (2023-05-15 close) · hit after-hours · 1 other VTRS headline(s) in the window, move may be shared
day 0 close · peak
-2.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • Viatris supplied medicines to approximately 1 billion patients globally in 2022.
  • The company demonstrated commitment to global health and environmental sustainability.
  • It actively works with partners to support healthy communities and resilient healthcare systems.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+38%
120-day peak, hindsight
Typical move
1.6%
average across 12 past catalysts
Lead asset
Mylan's insulin glargine
Phase 3 · Type 1 Diabetes

Full Press Release Details

Supplied medicines to approximately 1 billion patients globally
PITTSBURGH , May 16, 2023 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS ), a global healthcare company, today published its 2022 Sustainability Report showcasing its commitment, impact and progress on building sustainable access to medicine as it continues to make a positive difference across key areas including Access and Global Health, Our People, the Environment and the Community.
Viatris supplied medicines to approximately 1 billion patients globally in 2022
"At Viatris, access is fundamental to our mission of empowering people worldwide to live healthier at every stage of life," said Scott A. Smith , CEO, Viatris. "It begins with our ability to sustainably deliver high-quality medicines and health solutions at scale to people, regardless of geography or circumstance. Our commitment is both practical and aspirational and goes beyond developing, making and distributing medicines. We also work with partners to help support healthy communities, a healthy environment and resilient healthcare systems. The passion and dedication of our global workforce is remarkable and clearly on display in this report, which highlights the progress we are making to build more sustainable access to medicine across the globe."
Viatris is a signatory to the United Nations Global Compact (UNGC) and is committed to the Compact's 10 principles related to human rights, labor, the environment and anti-corruption and supports the Sustainable Development Goals.
The following are some highlights of Viatris' work and initiatives across its multiple areas of impact in 2022:
Access and Global Health
The Environment
"We understand our conduct and actions affect the stakeholders and communities we serve," said Lara Ramsburg , Head of Corporate Affairs of Viatris. "We are proud to continue our work as a trusted partner of key stakeholders as we help to close gaps to equal access to care, build more resilient healthcare systems, uphold a reliable global supply of medicines, curb climate change and protect the environment."
Viatris is dedicated to transparent annual reporting on environmental, social and governance matters, continuously working to further enhance its disclosures. Click here to view more information or to read our 2022 Sustainability Report.
About Viatris Viatris Inc. (NASDAQ: VTRS ) is a global healthcare company empowering people worldwide to live healthier at every stage of life. We provide access to medicines, advance sustainable operations, develop innovative solutions and leverage our collective expertise to connect more people to more products and services through our one-of-a-kind Global Healthcare Gateway®. Formed in November 2020 , Viatris brings together scientific, manufacturing and distribution expertise with proven regulatory, medical, and commercial capabilities to deliver high-quality medicines to patients in more than 165 countries and territories. Viatris' portfolio comprises more than 1,400 approved molecules across a wide range of therapeutic areas, spanning both non-communicable and infectious diseases, including globally recognized brands, complex generic and branded medicines and a variety of over-the-counter consumer products. With more than 38,000 colleagues globally, Viatris is headquartered in the U.S., with global centers in Pittsburgh , Shanghai and Hyderabad, India . Learn more at viatris.com and investor.viatris.com , and connect with us on Twitter at @ViatrisInc , LinkedIn , Instagram and YouTube .

About Viatris Inc.

Ticker Symbol: VTRS
Exchange: NASDAQ
Mission: Empower people worldwide to live healthier at every stage of life
Patient Reach: ~1 billion patients annually
Global Centers: Pittsburgh, Shanghai, Hyderabad

Frequently Asked Questions

How many patients did Viatris supply medicines to in 2022?

Viatris supplied medicines to approximately 1 billion patients globally in 2022.

What is Viatris' commitment to global health?

Viatris is dedicated to empowering healthier lives by ensuring access to high-quality medicines.

What principles does Viatris support?

Viatris is a signatory to the UN Global Compact, supporting its 10 principles.

How does Viatris contribute to sustainability?

Viatris works to close access gaps, protect the environment, and support healthcare systems.

Where is Viatris headquartered?

Viatris is headquartered in the United States, with global centers in Pittsburgh, Shanghai, and Hyderabad.

Last updated: May 16, 2023