{"id":18580,"date":"2026-05-30T12:36:02","date_gmt":"2026-05-30T06:36:02","guid":{"rendered":"https:\/\/ruap.net\/ruap\/viagra-maker-viatris-beats-quarterly-estimates-on-demand-for\/"},"modified":"2026-05-30T12:36:02","modified_gmt":"2026-05-30T06:36:02","slug":"viagra-maker-viatris-beats-quarterly-estimates-on-demand-for","status":"publish","type":"post","link":"https:\/\/ruap.net\/ruap\/viagra-maker-viatris-beats-quarterly-estimates-on-demand-for\/","title":{"rendered":"Viagra-maker Viatris beats quarterly estimates on demand for…"},"content":{"rendered":"

May 8 (Reuters) – Drugmaker Viatris beat Wall Street estimates for first-quarter profit and revenue on Thursday, helped by sales of its branded drugs in China.<\/p>\n

The company’s shares, which rose over 4% in premarket trading earlier after its pain drug and birth control patch succeeded in late-stage studies, were up 1.4%, after Viatris reported a goodwill impairment charge of $2.9 billion.<\/p>\n

Viatris attributed the charge to “a sharp and sustained decline in its share price and significantly increased uncertainty and volatility in the geopolitical and economic environments.”<\/p>\n

When adjusted for divestitures, the company’s first-quarter revenue fell 2% to $3.25 billion, but still came ahead of analysts’ estimate of $3.24 billion, according to data compiled by LSEG.<\/p>\n

Sales of its doxycycline generic price<\/a> drugs were hurt after the U.S. Food and Drug Administration restricted imports of 11 products from its facility in Indore, India due to violations found during an inspection.<\/p>\n

Revenue in its bigger branded drugs unit, under which the company sells anti-anxiety medication Xanax and Yupelri for lung disease, rose 3% to $2.12 billion, reflecting expansion in emerging markets, and strong growth in Greater China and developed markets.<\/p>\n

The company maintained its annual revenue forecast at $13.5 billion to $14 billion, but raised its per share adjusted profit outlook by 5 cents at the mid point, including the impact of share repurchases.<\/p>\n

The forecast, however, did not include “any potential impact of future tariffs and trade restrictions as they cannot be reasonably forecasted,” the company said.<\/p>\n

As a result of the impairment charge, Viatris swung to a quarterly loss of $2.55 per share for the quarter ended March 31, from a profit of 9 cents a year ago.<\/p>\n

On an adjusted basis, it reported a profit of 50 cents per share, compared with estimates of 49 cents.<\/p>\n

Pittsburgh-based Viatris was formed by the merger of Mylan and Pfizer’s Upjohn business in 2020. (Reporting by Puyaan Singh in Bengaluru; Editing by Shailesh Kuber)<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

May 8 (Reuters) – Drugmaker Viatris beat Wall Street estimates for first-quarter profit and revenue on Thursday, helped by sales of its branded drugs in China. The company’s shares, which rose over 4% in premarket trading earlier after its pain drug and birth control patch succeeded in late-stage studies, were up 1.4%, after Viatris reported …<\/p>\n","protected":false},"author":106,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_rtcl_gb_attr":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/posts\/18580"}],"collection":[{"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/users\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/comments?post=18580"}],"version-history":[{"count":0,"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/posts\/18580\/revisions"}],"wp:attachment":[{"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/media?parent=18580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/categories?post=18580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ruap.net\/ruap\/wp-json\/wp\/v2\/tags?post=18580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}