Mylan to Re-Evaluate Strategy as Sales in North America Continue Sliding

Drugmaker’s revenue fell 5% in the latest quarter, driven by steep declines in North America

Mylan NV is planning a strategic review of its business amid a prolonged slump in sales in North America, the drugmaker’s largest single market

The company said Wednesday its board has formed a committee to explore options, but it didn’t set a timetable for the review to be completed.

When asked during a conference call if the board is considering...