Viagra maker Viatris misses revenue estimates on weak demand for older drugs

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Viagra maker Viatris misses revenue estimates on weak demand for older drugs
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- Drugmaker Viatris narrowly missed first-quarter revenue estimates on Thursday, hurt by weak sales for its older drugs such as cholesterol medication Lipitor and Norvasc for high blood pressure.

The company last year agreed to divest its over-the-counter drugs, active pharmaceutical ingredients and women's health businesses. It said in February the expected timing of the deals closing will impact results for the next few quarters.

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