About Mylan
Mylan is a company based in Canonsburg (United States) founded in 1954 by Milan Puskar and Don Panoz. It operates as a Direct-to-Consumer (D2C). The company has 38,000 employees as of December 31, 2023. Mylan has completed 6 acquisitions, including Cold-EEZE, DPT Laboratories and Famy Care. Mylan offers products and services including Medicines.
- Headquarter Canonsburg, United States
- Employees 38000 as on 31 Dec, 2023
- Founders Milan Puskar, Don Panoz
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Viatris
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$589.35 M (USD), Debt – Conventional
May 23, 2018
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Investors
Deutsche Bank
& 1 more
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Employee Count
38000
as on Dec 31, 2023
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Investments & Acquisitions
Cold-EEZE
& 5 more
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Products & Services of Mylan
Mylan offers a comprehensive portfolio of products and services, including Medicines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Quality medicines are provided for global patient access.
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Software Development Team
176 people
Leadership Team
83 people
Senior Team
55 people
Sales and Marketing
54 people
Head Team
44 people
Product Management Team
36 people
Finance and Accounting
28 people
Human Resources and Administration
27 people
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Funding Insights of Mylan
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $589.4M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - Mylan | Valuation |
investors |
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| Jun, 2016 | Amount | Debt – Conventional - Mylan | Valuation |
investors |
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| Feb, 2016 | Amount | Debt – Conventional - Mylan | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mylan
Mylan has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Deutsche Bank and Teva Pharmaceuticals. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified banking and financial services are provided globally.
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Founded Year | Domain | Location | |
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Generic pharmaceuticals are manufactured by Teva Pharmaceuticals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mylan
Mylan has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Cold-EEZE, DPT Laboratories and Famy Care. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online gaming and gambling platform
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2010 | ||||
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Provider of lozenges and syrup for cough and cold
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2000 | ||||
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Contract development and manufacturing services for pharmaceutical APIs are provided.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mylan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mylan Comparisons
Competitors of Mylan
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mylan
Frequently Asked Questions about Mylan
When was Mylan founded?
Mylan was founded in 1954 and raised its 1st funding round 61 years after it was founded.
Where is Mylan located?
Mylan is headquartered in Canonsburg, United States. It is registered at Canonsburg, Pennsylvania, United States.
Who is the current CEO of Mylan?
Scott A Smith is the current CEO of Mylan.
How many employees does Mylan have?
As of Dec 31, 2023, the latest employee count at Mylan is 38,000.
What does Mylan do?
Mylan, integrated into Viatris, is dedicated to enhancing access to quality medicines. The company operates within the global healthcare sector, aiming to empower individuals to live healthier lives at every stage. Solutions are provided to ensure patients receive necessary medications when and where needed.
What products or services does Mylan offer?
Mylan offers Medicines.
How many acquisitions has Mylan made?
Mylan has made 6 acquisitions, including Cold-EEZE, DPT Laboratories, and Famy Care.
Who are Mylan's investors?
Mylan has 2 investors. Key investors include Deutsche Bank, and Teva Pharmaceuticals.