Headquartered in South San Francisco, CA·Fiscal year ends December·NASDAQ: TBPH·theravance.com
About Theravance Biopharma
Theravance Biopharma is a biopharmaceutical company focused on the development and commercialization of medicines for serious conditions. Its primary commercial asset is YUPELRI (revefenacin) inhalation solution, the first and only once-daily nebulized long-acting muscarinic antagonist (LAMA) bronchodilator approved in the U.S. for maintenance treatment of chronic obstructive pulmonary disease (COPD). YUPELRI is commercialized through a co-promotion arrangement with Viatris, under which Theravance receives a 35% share of net profits. The company also retains interests related to TRELEGY, a respiratory therapy marketed by GSK, through milestone payment arrangements with Royalty Pharma. Theravance is currently in the process of being acquired by Zymeworks Inc., with the transaction expected to close in the second half of 2026. The company has undergone a significant organizational restructuring following its Phase 3 CYPRESS clinical trial results, winding down its ampreloxetine development program and reducing operating costs substantially. Updated
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