Newly-merged generics firm dubbed Viatris
A new generics company merging Mylan (Nasdaq: MYL) with Pfizer’s (NYSE: PFE) Upjohn will be named Viatris, the firms have announced.
Pfizer’s off-patent unit Upjohn, which distributes aging staples such as Lipitor (atorvastatin) and Viagra (sildenafil), will sit alongside Mylan’s range of newer generics and biosimilars.
Upjohn has a strong position in China and emerging markets, while Mylan has developed a significant presence in the USA and in Europe.
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