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Viatris Is ‘Not Walking Away’ From Generics

Amid Steep Q1 Drop In Complex Generics, Company Reaffirms Commitment

 
• By Dave Wallace

After reporting sliding sales for both generics and complex generics in Q1, Viatris has nevertheless reaffirmed its commitment to the off-patent sector, highlighting in particular a planned launch this year of its Breyna rival to Symbicort.

Walking away in a desert, leaving footprints in the sand
After a mixed Q1, Viatris says it is not walking away from generics • Source: Shutterstock

Viatris is not turning its back on small-molecule oral solid generics or more complex generics, the company has insisted, as it faced questions over its long-term commitment to the generics sector during its first-quarter earnings call.

During the first quarter, the firm’s complex generics sales slid by 65% as reported – and by 40% when adjusted to exclude its divested biosimilars from the formerly joint category (Also see "Biocon Closes $3bn Deal For Viatris Biosimilars" - Generics Bulletin, 30 November, 2022.) – to $136m

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