Tag: Viatris

Viatris appoints Scott A. Smith and Elisha W. Finney to its Board of Directors

Viatris Inc., a global healthcare company, announced that Scott A. Smith and Elisha W. Finney have been appointed as Viatris’ newest members of its board of directors. Smith and Finney fill the vacancies created by the retirement of Neil Dimick and Ian Reid. Scott Smith is a deeply experienced global biotechnology and pharmaceutical executive who currently serves as President and Executive Director of…

Biocon Biologics completes acquisition of Viatris’ Global Biosimilars Business

Biocon Biologics Ltd., a subsidiary of Biocon Ltd., announced that it has successfully completed its multi-billion-dollar (USD) acquisition of the global biosimilars business of its partner Viatris Inc. Biocon Biologics and Viatris have obtained all applicable approvals from key global regulators including the U.S. Federal Trade Commission, the Competition Commission of India and the Reserve…

Viatris to cut up to 20% of workforce as part of global restructuring initiative

Global pharmaceutical company, Viatris, has announced additional details of its previously disclosed multi-year global restructuring initiative.  The restructuring initiative is part of the company’s previously announced roadmap to maximize long-term value creation and is intended to ensure the new company is optimally structured to sustainably achieve its bold mission while also delivering on its financial…