BUZZ-Viatris' anxiety disorder drug meets main goal in late-stage trial; shares up

Reuters
09 Oct 2024

Oct 9 (Reuters) - **Shares of drugmaker Viatris

up 1% at $11.44

** Co's drug Effexor meets primary and secondary goals in late-stage study for treatment of generalized anxiety disorder (GAD) in adult Japanese patients

** Study shows Effexor worked better than placebo in treating anxiety at 8 weeks

** Effexor was generally well-tolerated, consistent with known safety profile in non-Japanese patients

** Co targets submission of application for Effexor to Japan's regulator in 2025

** Effexor is approved to treat GAD in more than 80 countries

** Including session's move, stock up 5.2% YTD

(Reporting by Khusbu Jena)

((Khusbu.Jena@thomsonreuters.com))

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