Invest in Innoviva Inc on Stash
Innoviva, Inc., formerly Theravance, Inc.
Ticker: INVA
Innoviva Inc
$20.62
-1.72%
$
INVA Performance Breakdown
Share Price
$20.62
Today's change
0.0%
Year to date change (YTD)
18.51%
Dividend yield
0.0
Last dividend paid
$0.25
Last dividend pay date
9/30/2015
About INVA
Innoviva, Inc., formerly Theravance, Inc., is engaged in the development, commercialization and financial management of bio-pharmaceuticals. It focuses on the respiratory assets partnered with Glaxo Group Limited (GSK), including RELVAR/BREO ELLIPTA (fluticasone furoate (FF)/vilanterol (VI)) and ANORO ELLIPTA (umeclidinium bromide/vilanterol (UMEC/VI)). Under the Long-Acting Beta2 Agonist (LABA) Collaboration Agreement and the Strategic Alliance Agreement with GSK, the Company is eligible to receive the annual royalties from GSK on sales of RELVAR/BREO ELLIPTA. For other products combined with a LABA from the LABA collaboration, such as ANORO ELLIPTA, royalties are upward tiering and range from 6.5% to 10%. RELVAR/BREO is a once-a-day combination inhaled respiratory medicine consisting of a LABA (VI) and an inhaled corticosteroid (ICS), FF. ANORO ELLIPTA a once-daily medicine combining a long-acting muscarinic antagonist (LAMA), umeclidinium bromide (UMEC), with a LABA.
Innoviva Inc Stock Ticker
INVA
For more information
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