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Viatris Sets The Bar Low So There Will Eventually Be A Chance To Grow

 
• By Dean Rudge

Viatris' 2021 financial guidance was below investor expectations, suggesting a challenging road ahead for the newly formed company.

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Newly formed Viatris released disappointing financial guidance • Source: Shutterstock

A big question around the formation of Viatris Inc. last year out of the merger of Mylan Pharmaceuticals Inc. and Pfizer Inc.'s Upjohn has been how a company made up largely of low-growth generics, established products and biosimilars would attract investors. It appears that question only got harder to answer after Viatris announced 2021 financial guidance, the company's first formal guidance since the merger closed.

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