Mylan Releases Statement on Future of US Business

Over the past decade, Mylan's Board of Directors and management team have turned Mylan into a leading global platform with a highly-diversified portfolio of products across broad therapeutic areas and geographies. Our long-term strategy and management's continued execution have consistently served the best interests of all of our stakeholders.

Our international business, in which we expect continued growth, now represents more than 60% of the company's global sales. These global growth expectations are in contrast to the negative trends and dynamics playing out in the US market place - which we believe are unsustainable for the healthcare system over the long-term but which we believe Mylan is uniquely well positioned to successfully weather and navigate.

Our confidence in the future is bolstered by the fact that the company continues to generate significant, global durable cash flows, enabling us to continue investing in new initiatives for further long-term growth and building on our unique global platform. Over the last several years, the combination of our internal initiatives, outstanding execution and external M&A strategy have completely diversified and changed the profile of our company by shifting the core from a US-centric operation to a sustainable global presence.

With this said, we believe that the US public markets continue to underappreciate and undervalue the durability, differentiation and strengths of Mylan's global diversified business, especially when compared to our peers around the globe. Therefore, while we will continue to execute on our best-in-class, long-term focused sustainable strategy, the Board has formed a strategic review committee and is actively evaluating a wide range of alternatives to unlock the true value of our one-of-a-kind platform. The Board has not set a timetable for its evaluation of alternatives and there can be no assurance that any alternative will be implemented.

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