Mylan N.V. | |
Formerly | Milan |
Company type | Public (under Dutch law) |
Nasdaq: MYL | |
Industry | Pharmaceuticals |
Founded | 1961White Sulphur Springs, West Virginia, United States | in
Founders | Milan Puskar Don Panoz |
Defunct | November 16, 2020 |
Fate | Merged with Upjohn to form Viatris |
Successor | Viatris |
Headquarters | , United Kingdom |
Products | Generic and specialty pharmaceuticals and active pharmaceutical ingredients |
Divisions | see Operations |
Website | www |
Footnotes / references [1] |
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.[2] Previously, the company was domiciled in the Netherlands, with principal executive offices in Hatfield, Hertfordshire, UK[3] and a "Global Center" in Canonsburg, Pennsylvania, US.
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,[4] and the generics business of Germany-based Merck KGaA.[5] 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.[6]
Mylan went public on the OTC market in February 1973.[7] It was listed on the NASDAQ,[8] and its shares were a component of the NASDAQ Biotechnology[9] and the S&P 500 indices.[10]
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.[11]