Viatris Inc.'s (VTRS) CEO Michael Goettler on Q1 2022 Results - Earnings Call Transcript

Viatris Inc. (NASDAQ:VTRS) Q1 2022 Earnings Conference Call May 9, 2022 8:30 AM ET

Company Participants

Bill Szablewsk - Head, Global Capital Markets

Michael Goettler - Chief Executive Officer

Rajiv Malik - President

Sanjeev Narula - Chief Financial Officer

Conference Call Participants

Pavan Patel - Bank of America Merrill Lynch

Elliot Wilbur - Raymond James

Chris Schott - JPMorgan

Umer Raffat - Evercore.

Greg Fraser - Truist Securities

Nate Rich - Goldman Sachs

David Amsellem - Piper Sandler

Gary Nachman - BMO Capital Markets

Operator

Good morning. My name is Britney, and I will be your conference operator today. At this time, I would like to welcome everyone to the Viatris 2022 First Quarter Earnings Call and Webcast. All participant lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question and answer period. [Operator Instructions]

Thank you. I would now like to turn the call over to Bill Szablewsk, Head of Global Capital Markets. Please go ahead.

Bill Szablewsk

Thank you, and good morning, everyone. Welcome to our first quarter 2022 earnings call. Joining me today is Michael Goettler, Chief Executive Officer; Rajiv Malik, our President; and Sanjeev Narula, our Chief Financial Officer.

During today’s discussion, we will be making forward-looking statements on a number of matters, including our financial guidance for 2022 and various strategic initiatives. These forward-looking statements are subject to risks and uncertainties that could cause future results or events to differ materially from today’s projections.

Please refer to the press release that we furnished to the SEC on Form 8-K earlier today for an explanation of those risks and uncertainties, and the limits applicable to forward-looking statements.

We will be referring to certain actual and projected financial metrics of Viatris on an adjusted basis, which are non-GAAP financial measures. We will refer to these measures as adjusted and present them to supplement your understanding and assessment of our financial performance.

Non-GAAP measures should not be considered as a substitute for or superior to financial measures calculated in accordance with GAAP. The most direct comparable GAAP measures, as well as reconciliations of non-GAAP measures to those GAAP measures are available on our website at investor.viatris.com and in the appendix of today’s slide presentation.

The information discussed during the presentation except for the participant questions is the property of Viatris and cannot be recorded or rebroadcast without Viatris’ expressed written consent and permission. A copy of today’s presentation is available on our website at investor.viatris.com. An archived replay of the webcast will be available on our website following the conclusion of today’s event.