Viatris, Inc.
Industry Group: Pharmaceuticals
Country/Region: United States of America
Identifier: NAS:VTRS
Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. Remaining 60% of sales is derived from its portfolio of legacy products which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Pharmaceuticals 204 out of 851
Universe
Global Universe 7743 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Astellas Pharma, Inc. |
18.6
Low
|
59 out of 851 |
Teva Pharmaceutical Industries Ltd. |
20.1
Medium
|
86 out of 851 |
Hansoh Pharmaceutical Group Co., Ltd. |
22.9
Medium
|
137 out of 851 |
Viatris, Inc. |
25.4
Medium
|
204 out of 851 |
Cipla Ltd. |
25.5
Medium
|
211 out of 851 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Viatris, Inc.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Viatris, Inc.'s Management of ESG Material Risk is Strong
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Top Material ESG Issues for Viatris, Inc.
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Controversy Rating
Highest Controversy level that has impacted Viatris, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level