Innoviva (INVA) Tops Q3 EPS by 71c

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Innoviva Reports Third Quarter 2023 Financial Results and Highlights Recent Company Progress

November 1, 2023 4:15 PM EDT

Received GSK royalties of $57.0 million and net product revenues of $13.7 million in the third quarter of 2023

Launched first-in-class therapy XACDURO® for treatment of hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia caused by susceptible strains of Acinetobacter

Announced positive topline Phase 3 zoliflodacin data for treatment of gonorrhea in November 2023

Repurchased $11.0 million of common stock

BURLINGAME, Calif.--(BUSINESS WIRE)-- Innoviva, Inc. (NASDAQ: INVA) (Innoviva or the Company), a diversified holding company with a portfolio of royalties and other healthcare assets,... More