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Stock impact report

Idorsia and Viatris successfully close the transaction for the global research and development collaboration [Yahoo! Finance]

Viatris Inc. (VTRS) 
Company Research Source: Yahoo! Finance
Idorsia Ltd (SIX: IDIA) today announced that it has successfully closed the transaction with Viatris Inc. (NASDAQ: VTRS), a global healthcare company, for the global research and development collaboration, focused on the development and commercialization of two innovative compounds, selatogrel and cenerimod, discovered by Idorsia. The upfront consideration of USD 350 million has now been fully paid by Viatris to Idorsia. Further details will be provided with the combined Full Year 2023 and First Quarter 2024 financial reporting on April 25 th The selatogrel and cenerimod programs will be discussed at an upcoming R&D day of our partner Viatris. Notes to the editor About Viatris Viatris Inc. (NASDAQ: VTRS) is a global healthcare company uniquely positioned to bridge the traditional divide between generics and brands, combining the best of both to more holistically address healthcare needs globally. With a mission to empower people worldwide to live healthier at every stage Show less Read more
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