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Viatris

Pays vs peer median
×0.70
-30% premium
Sample
3
low confidence
Last refreshed
2026-04-13

By therapeutic area

Not enough TA-specific data (need ≥3 deals per TA).

By stage at signing

Not enough phase-specific data (need ≥3 deals per phase).

Strategy profile

Based on 5 disclosed transactions, Viatris concentrates its licensing activity in Cardiovascular, Ophthalmology. Viatris pays a 0.70x discount to market median. Their most common deal structure is License, with an average disclosed value of $600M. Most recent activity: 2024.

Pipeline coverage & gaps

Viatris has disclosed activity in 0 of 12 tracked therapeutic areas. Gaps may represent whitespace opportunities for licensors.

Oncology
Gap
No disclosed deals
Neurology
Gap
No disclosed deals
Immunology
Gap
No disclosed deals
Metabolic
Gap
No disclosed deals
Cardiovascular
Gap
No disclosed deals
Infectious Disease
Gap
No disclosed deals
Ophthalmology
Gap
No disclosed deals
Womens Health
Gap
No disclosed deals
Rare Disease
Gap
No disclosed deals
Hematology
Gap
No disclosed deals
Dermatology
Gap
No disclosed deals
Gastroenterology
Gap
No disclosed deals

Deal type breakdown

How this buyer structures its transactions

Deal typeCountAvg upfrontAvg total value
LicensePrimary3$188M$633M
Collaboration1$350M$350M
Acquisition1$750M$750M

Recent disclosed deals

YearAssetLicensorIndicationPhaseUpfrontTotal
2024Sotagliflozin (Inpefa)Lexicon PharmaceuticalsHF (HFrEF and HFpEF)approved$185M$500M
2024Aprocitentan (Tryvio)Idorsiaheart_failureapproved$350M$1.0B
2023myopiaProgressionOcuphire PharmamyopiaProgressionphase_3$30M$400M
2023thrombosisIdorsiathrombosisphase_3$350M$350M
2022Tyrvaya (varenicline nasal spray)Oyster Point PharmaDry Eye Diseaseapproved$750M$750M

How this is computed

For each Viatris deal we find the median total deal value of comparable transactions (same therapeutic area + phase, falling back to TA-only with ≥3 peers). The buyer’s deal divided by the peer median is the per-deal premium. We trim outliers, take the trimmed mean, and clamp to [0.7×, 1.5×] to reject data errors. Confidence scales with sample size.

Trimmed mean of 3 disclosed deal premiums vs. peer medians. Raw premium 0.501, clamped to [0.7, 1.5].