This drugmaker is developing breakthroughs like an 'EpiPen for heart attacks.' The market has yet to give it credit

CNBC Top News ·

This drugmaker is developing breakthroughs like an 'EpiPen for heart attacks.' The market has yet to give it credit

Viatris' improving sales trends and margins combined with meaningful development opportunities could help boost its valuation multiple. …

Viatris' improving sales trends and margins combined with meaningful development opportunities could help boost its valuation multiple. Viatris combines stable cash flow from established drugs with a lower-risk development strategy to provide steadier earnings growth with less downside for investors. The company's pipeline is anchored by three major opportunities in diverse therapeutic areas, all of which could meaningfully accelerate long-term revenue growth. Viatris stock is already gaining momentum as it makes progress in developing a drug pipeline capable of accelerating sales growth, improving margins and creating shareholder value in the years ahead. The key pillars of its growth strategy are a non-opioid pain reliever, a potential blockbuster lupus treatment and a drug that has been dubbed an "EpiPen for heart attacks." Several near-term catalysts are ahead that could help drive further multiple expansion as the company becomes recognized as more than just a generic drugmaker. At the same time, Viatris is seeing improving trends for its existing products. After several years of declining revenue growth, Viatris has finally turned the corner. On an operational basis, first-quarter revenue rose 3% year over year, while adjusted earnings per share grew 14%. Cost cuts implemented after a strategic review helped earnings outpace estimates and could save the company $400 million by the end of 2028. …

Original source: CNBC Top News

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Pfizer · North America · West Virginia · FDA