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Dec 31, 2019
Theravance Q4 2019 Earnings Report
Reported financial results for the fourth quarter and full year ended December 31, 2019.
Key Takeaways
Theravance Biopharma reported fourth-quarter revenue of $29.5 million and full-year revenue of $73.4 million. The company's cash, cash equivalents, and marketable securities totaled $285.8 million as of December 31, 2019.
Successfully launched YUPELRI with Mylan.
Advanced development- and research-stage pipeline, further building a diversified portfolio with promising, differentiated programs in every stage of development.
Partnerships continued to strengthen, with ongoing successful collaborations with Mylan for YUPELRI and Janssen for TD-1473 and TD-5202.
Entered into a new agreement with Pfizer to out-license our skin-selective pan-JAK inhibitor program.