Innoviva, Inc. (INVA)
Innoviva, Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in Burlingame, CA, US. The stock last traded at $20.74, up 0.39% on the session, giving a market capitalisation of $1.53B. On trailing twelve-month figures it carries a trailing P/E of 4.26, a net margin of 80.6%. Its beta of 0.33 implies it has historically moved less than the broad market.
Innoviva, Inc. functions as a pharmaceutical company, concentrating on the worldwide creation and marketing of medical treatments. Its current product lineup prominently includes several once-daily combination therapies: RELVAR/BREO ELLIPTA, which integrates vilanterol (a long-acting beta2 agonist, or LABA) with fluticasone furoate (an inhaled corticosteroid, or ICS); ANORO ELLIPTA, a medication that pairs umeclidinium bromide (a long-acting muscarinic antagonist, or LAMA) with vilanterol (LABA); and TRELEGY ELLIPTA, a comprehensive treatment combining an ICS, LAMA, and LABA. The company has forged a key strategic alliance with Sarissa Capital Management LP. Moreover, Innoviva collaborates with Glaxo Group Limited under an agreement focused on the development and commercialization of daily LABA-based products designed to treat chronic obstructive pulmonary disease and asthma. Founded in 1996, the corporation was initially known as Theravance, Inc., before officially changing its name to Innoviva, Inc. in January 2016. Its primary operational base is situated in Burlingame, California.
Innoviva, Inc. is most often compared with the following Healthcare names: