{"id":28323,"date":"2025-02-28T13:46:43","date_gmt":"2025-02-28T05:46:43","guid":{"rendered":"https:\/\/flcube.com\/?p=28323"},"modified":"2025-02-28T13:46:45","modified_gmt":"2025-02-28T05:46:45","slug":"viatris-q4-and-full-year-results-show-greater-china-growth","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=28323","title":{"rendered":"Viatris Q4 and Full-Year Results Show Greater China Growth"},"content":{"rendered":"\n

US generics giant Viatris (NASDAQ: VTRS<\/a>) released its Q4 and full-year 2024 financial results. In the fourth quarter, revenues dropped 7% year-on-year (YOY) to USD 3.515 billion. However, the Greater China region generated USD 522 million in sales after a 2% expansion. For the whole year, company revenues stood at USD 14.693 billion, down 3% YOY. Notably, the Greater China region saw its sales increase by 2% YOY to USD 2.167 billion, making it the only region with growth.<\/p>\n\n\n\n

Sales Breakdown<\/strong>
During 2024, sales of Brands and Generics slid 4% and 1% YOY to USD 9.2 billion and USD 5.5 billion, respectively. The company reported a net loss of USD 634 million, compared with a net profit of USD 54.7 million in the same period last year.<\/p>\n\n\n\n

Outlook for 2025<\/strong>
Viatris expects global sales in the range of USD 13.5 to USD 14 billion in 2025, with new product sales estimated at USD 450 million to USD 550 million.-Fineline Info & Tech<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

US generics giant Viatris (NASDAQ: VTRS) released its Q4 and full-year 2024 financial results. In…<\/p>\n","protected":false},"author":1,"featured_media":28324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7],"tags":[27,1018,207],"class_list":["post-28323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","tag-finanical-reports","tag-nasdaq-vtrs","tag-viatris"],"yoast_head":"\nViatris Q4 and Full-Year Results Show Greater China Growth - Insight, China's Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"US generics giant Viatris (NASDAQ: VTRS) released its Q4 and full-year 2024 financial results. 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