Viatris Waves Goodbye To API Business

Closes Transaction To Divest API Unit To Matrix; Ongoing Supply Agreement In Place

Viatris has marked another milestone in its ongoing transformation by completing the previously-announced divestment of its active pharmaceutical ingredient business to Matrix Pharma Private Limited in India.

Divested word made of wood
Viatris has divested its API business • Source: Shutterstock

Viatris has completed another stage in the ongoing transformation of its business by closing the divestment of its active pharmaceutical ingredient business to India’s Matrix Pharma Private Limited.

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