HERTFORDSHIRE, England,
PITTSBURGH and NEW YORK, July 9,
2020 /PRNewswire/ -- Mylan N.V. (NASDAQ: MYL) and
Upjohn, a division of Pfizer, today unveiled the logo and branding
for VIATRIS™, the new company that will be
formed by combining Mylan and Upjohn.
Experience the interactive Multichannel News Release here:
https://www.multivu.com/players/English/8741351-viatris-mylan-upjohn-branding/
Viatris will benefit from Mylan and Upjohn's trusted global
offerings and legacy of meeting patient needs around the world. The
new logo and branding is designed to reflect Viatris' guiding
principles that will redefine the healthcare landscape through its
capability, commitment and vision to address evolving healthcare
needs. Viatris' platform will provide a unique Global Healthcare
Gateway™ that will offer partners ready access to more markets and
patients worldwide.
Viatris (pronounced 'viǝ-trīs) is Latin for "three paths,"
and the logo visually captures the company's commitment to access,
leadership and partnership. The "three paths" work together in
harmony and encircle a simplified globe to illustrate the company's
core purpose of empowering people worldwide to live healthier at
every stage of life.
Future Viatris Executive Chairman and current Mylan Executive
Chairman Robert J. Coury said,
"Viatris will be focused on creating a more sustainable healthcare
journey for patients worldwide while delivering value to all
stakeholders for years to come. The Viatris branding reflects our
drive to address the world's emerging healthcare needs with passion
and compassion. It also highlights our goal to chart a new
course focused on improving patient outcomes by expanding access to
medicine, providing leadership through innovative solutions and
building best-in-class partnerships. We also will offer all
partners ready access to more markets and the ability to reach more
patients around the world through the company's new and unique
Global Healthcare Gateway™, which leverages Viatris' unmatched
global infrastructure to connect people around the world to the
high quality medicines and services they need, making Viatris a
true Partner of Choice™."
Future Viatris Chief Executive Officer and current Upjohn Group
President Michael Goettler said,
"Our new branding exemplifies that we are building a new kind of
company designed for where the healthcare industry is going.
Viatris will have the global reach, commercial offerings and
capabilities, as well as the scientific, medical, regulatory, legal
and intellectual property expertise necessary to ensure more
patients can get the care they need to live healthier at every
stage of life. Viatris will be uniquely positioned to help patients
access the medicines they need regardless of their geography or
circumstance."
The transaction, which was overwhelmingly approved by Mylan
shareholders at Mylan's Extraordinary General Meeting of
Shareholders on June 30, 2020, and is
expected to close in the fourth quarter of 2020, subject to the
satisfaction of certain remaining closing conditions. Additionally,
Mylan and Upjohn recently announced permanent financing for the
deal. The transaction will combine Upjohn's iconic brands and
leading commercial capabilities from its legacy as a division of
Pfizer with Mylan's science and operating platform, supply chain
network and strong product pipeline. The combination will provide
Viatris with a portfolio of 1,400 molecules across many different
therapeutic categories and dosage forms, a global reach across more
than 165 countries and territories, and a worldwide workforce of
45,000 with vast expertise in science, manufacturing, quality,
regulatory and medical affairs.
The two businesses will continue to operate as independent,
separate organizations until close. For more important information
visit championforglobalhealth.com.
About Mylan
Mylan is a global pharmaceutical company
committed to setting new standards in healthcare. Working together
around the world to provide 7 billion people access to high quality
medicine, we innovate to satisfy unmet needs; make reliability and
service excellence a habit; do what's right, not what's easy; and
impact the future through passionate global leadership. We offer a
portfolio of more than 7,500 marketed products around the world,
including antiretroviral therapies on which approximately 40% of
people being treated for HIV/AIDS globally depend. We market our
products in more than 165 countries and territories. We are one of
the world's largest producers of active pharmaceutical ingredients.
Every member of our approximately 35,000-strong workforce is
dedicated to creating better health for a better world, one person
at a time. Learn more at Mylan.com. We routinely post
information that may be important to investors on our website
at investor.mylan.com.
About Upjohn
With over 130 years of experience in
improving patient lives, Pfizer Upjohn seeks to leverage our
portfolio, global experience and expertise to become the trusted
partner of choice for all stakeholders committed to improving
patient health. We focus on relieving the burden of
non-communicable diseases with trusted, quality medicines for every
patient, everywhere, with the goal of treating 225 million new
patients by 2025. Upjohn brings together 20 of the industry's most
trusted brands — products such as Lipitor®, Norvasc®, Lyrica® and
Viagra® — with world-class medical, manufacturing and commercial
expertise in more than 120 countries. Upjohn's network of
approximately 11,500 colleagues works together to be fast, focused
and flexible to ensure that patients around the world access the
healthcare they need.
Forward-Looking Statements
These communications contain "forward-looking statements". Such
forward-looking statements may include, without limitation,
statements about the proposed combination of Upjohn Inc. ("Newco")
and Mylan N.V. ("Mylan"), which will immediately follow the
proposed separation of the Upjohn business (the "Upjohn Business")
from Pfizer Inc. ("Pfizer") (the "proposed transaction"), the
expected timetable for completing the proposed transaction, the
benefits and synergies of the proposed transaction, future
opportunities for the combined company and products and any other
statements regarding Pfizer's, Mylan's, the Upjohn Business's or
the combined company's future operations, financial or operating
results, capital allocation, dividend policy, debt ratio,
anticipated business levels, future earnings, planned activities,
anticipated growth, market opportunities, strategies, competitions,
and other expectations and targets for future periods. Forward
looking statements may often be identified by the use of words such
as "will", "may", "could", "should", "would", "project", "believe",
"anticipate", "expect", "plan", "estimate", "forecast",
"potential", "pipeline", "intend", "continue", "target", "seek" and
variations of these words or comparable words. Because
forward-looking statements inherently involve risks and
uncertainties, actual future results may differ materially from
those expressed or implied by such forward-looking statements.
Factors that could cause or contribute to such differences include,
but are not limited to: ongoing challenges and uncertainties posed
by the COVID-19 pandemic for businesses and governments around the
world; the parties' ability to meet expectations regarding the
timing, completion and accounting and tax treatments of the
proposed transaction; changes in relevant tax and other laws; the
parties' ability to consummate the proposed transaction; the
conditions to the completion of the proposed transaction not being
satisfied or waived on the anticipated timeframe or at all; the
regulatory approvals required for the proposed transaction not
being obtained on the terms expected or on the anticipated schedule
or at all; inherent uncertainties involved in the estimates and
judgments used in the preparation of financial statements and the
providing of estimates of financial measures, in accordance with
accounting principles generally accepted in the United States and related standards or on
an adjusted basis; the integration of Mylan and the Upjohn Business
being more difficult, time consuming or costly than expected;
Mylan's, the Upjohn Business's and the combined company's failure
to achieve expected or targeted future financial and operating
performance and results; the possibility that the combined company
may be unable to achieve expected benefits, synergies and operating
efficiencies in connection with the proposed transaction within the
expected time frames or at all or to successfully integrate Mylan
and the Upjohn Business; customer loss and business disruption
being greater than expected following the proposed transaction; the
retention of key employees being more difficult following the
proposed transaction; Mylan's, the Upjohn Business's or the
combined company's liquidity, capital resources and ability to
obtain financing; any regulatory, legal or other impediments to
Mylan's, the Upjohn Business's or the combined company's ability to
bring new products to market, including but not limited to where
Mylan, the Upjohn Business or the combined company uses its
business judgment and decides to manufacture, market and/or sell
products, directly or through third parties, notwithstanding the
fact that allegations of patent infringement(s) have not been
finally resolved by the courts (i.e., an "at-risk launch"); success
of clinical trials and Mylan's, the Upjohn Business's or the
combined company's ability to execute on new product opportunities;
any changes in or difficulties with Mylan's, the Upjohn Business's
or the combined company's manufacturing facilities, including with
respect to remediation and restructuring activities, supply chain
or inventory or the ability to meet anticipated demand; the scope,
timing and outcome of any ongoing legal proceedings, including
government investigations, and the impact of any such proceedings
on Mylan's, the Upjohn Business's or the combined company's
consolidated financial condition, results of operations and/or cash
flows; Mylan's, the Upjohn Business's and the combined company's
ability to protect their respective intellectual property and
preserve their respective intellectual property rights; the effect
of any changes in customer and supplier relationships and customer
purchasing patterns; the ability to attract and retain key
personnel; changes in third-party relationships; actions and
decisions of healthcare and pharmaceutical regulators; the impacts
of competition; changes in the economic and financial conditions of
the Upjohn Business or the business of Mylan or the combined
company; the impact of outbreaks, epidemics or pandemics, such as
the COVID-19 pandemic; uncertainties regarding future demand,
pricing and reimbursement for Mylan's, the Upjohn Business's or the
combined company's products; and uncertainties and matters beyond
the control of management and other factors described under "Risk
Factors" in each of Pfizer's, Newco's and Mylan's Annual Reports on
Form 10-K, Quarterly Reports on Form 10-Q and other filings with
the Securities and Exchange Commission ("SEC"). These risks, as
well as other risks associated with Mylan, the Upjohn Business, the
combined company and the proposed transaction are also more fully
discussed in the Registration Statement on Form S-4, as amended,
which includes a proxy statement/prospectus (as amended, the "Form
S-4"), which was filed by Newco with the SEC on October 25, 2019 and declared effective by the
SEC on February 13, 2020, the
Registration Statement on Form 10, which includes an information
statement (the "Form 10"), which was filed by Newco with the SEC on
June 12, 2020 and declared effective
by the SEC on June 30, 2020, a
definitive proxy statement, which was filed by Mylan with the SEC
on February 13, 2020 (the "Proxy
Statement"), and a prospectus, which was filed by Newco with the
SEC on February 13, 2020 (the
"Prospectus"). You can access Pfizer's, Mylan's and Newco's filings
with the SEC through the SEC website at www.sec.gov or through
Pfizer's or Mylan's website, as applicable, and Pfizer and Mylan
strongly encourage you to do so. Except as required by applicable
law, Pfizer, Mylan and Newco undertake no obligation to update any
statements herein for revisions or changes after these
communications are made.
Additional Information and Where to Find It
These communications shall not constitute an offer to sell or
the solicitation of an offer to sell or the solicitation of an
offer to buy any securities, nor shall there be any sale of
securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such jurisdiction. No offer of
securities shall be made except by means of a prospectus meeting
the requirements of Section 10 of the Securities Act of 1933, as
amended. In connection with the proposed transaction, Newco and
Mylan have filed certain materials with the SEC, including, among
other materials, the Form S-4, Form 10 and Prospectus filed by
Newco and the Proxy Statement filed by Mylan. The Form S-4 was
declared effective on February 13,
2020 and the Proxy Statement and the Prospectus were first
mailed to shareholders of Mylan on or about February 14, 2020 to seek approval of the
proposed transaction. The Form 10 was declared effective on
June 30, 2020. Newco and Mylan intend
to file additional relevant materials with the SEC in connection
with the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE
URGED TO READ DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT
MYLAN, NEWCO AND THE PROPOSED TRANSACTION. The documents relating
to the proposed transaction (when they are available) can be
obtained free of charge from the SEC's website at www.sec.gov.
These documents (when they are available) can also be obtained free
of charge from Mylan, upon written request to Mylan or by
contacting Mylan at (724) 514-1813 or investor.relations@mylan.com
or from Pfizer on Pfizer's internet website at
https://investors.Pfizer.com/financials/sec-filings/default.aspx or
by contacting Pfizer's Investor Relations Department at (212)
733-2323, as applicable.
![Viatris logo Viatris logo](https://www.multivu.com/players/English/8741351-viatris-mylan-upjohn-branding/image/Viatrislogo_1594170421421-HR.jpg)
![Viatris three pillars Viatris three pillars](https://www.multivu.com/players/English/8741351-viatris-mylan-upjohn-branding/image/PillarsOverview_1593187230074-HR.jpg)
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SOURCE Mylan N.V.