Mylan
Pharmaceutical company, now Viatris / From Wikipedia, the free encyclopedia
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Mylan N.V. was a global generic and specialty pharmaceuticals company. In November 2020, Mylan merged with Upjohn, Pfizer's off-patent medicine division, to form Viatris.[1] Previously, the company was domiciled in the Netherlands, with principal executive offices in Hatfield, Hertfordshire, UK[2] and a "Global Center" in Canonsburg, Pennsylvania, US.
Mylan N.V. | |
Formerly | Milan |
Company type | Public (under Dutch law) |
Industry | Pharmaceuticals |
Founded | 1961 (1961) in White Sulphur Springs, West Virginia, United States |
Founders | Milan Puskar Don Panoz |
Defunct | November 16, 2020; 3 years ago (2020-11-16) |
Fate | merged with Upjohn to form Viatris |
Successor | Viatris |
Headquarters | , |
Products | Generic and specialty pharmaceuticals and active pharmaceutical ingredients |
Divisions | see Operations |
Website | www |
In 2007, the company acquired a controlling interest in India-based Matrix Laboratories Limited, a top producer of active pharmaceutical ingredients (APIs) for generic drugs,[3] and the generics business of Germany-based Merck KGaA.[4] Through these acquisitions, the company grew from the third-largest generic and pharmaceuticals company in the United States to the second-largest generic and specialty pharmaceuticals company in the world.[5]
Mylan went public on the OTC market in February 1973.[6] It was listed on the NASDAQ,[7] and its shares were a component of the NASDAQ Biotechnology[8] and the S&P 500 indices.[9]
The company was founded in 1961 and developed and produced medicines for a wide range of medical disciplines, including oncology, anaphylaxis, antiretrovirals, cardiovascular, respiratory, dermatology, immunology, anesthesia and pain management, infectious disease, gastroenterology, diabetology/endocrinology, and women's healthcare.[10]