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Innoviva, Inc. - $INVA STOCK NEWS

Welcome to our dedicated page for Innoviva news (Ticker: $INVA), a resource for investors and traders seeking the latest updates and insights on Innoviva stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Innoviva's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Innoviva's position in the market.

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Innoviva, Inc. (NASDAQ: INVA) reported strong first quarter financial results with $61.9 million in GSK royalties, $19.1 million in net product revenues, and a successful pipeline. The company highlighted positive Phase 3 zoliflodacin clinical trial results and key appointments.

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Innoviva, Inc. (NASDAQ: INVA) will participate in the BofA Securities Health Care Conference. The company, a holding firm with a core royalties portfolio and a strong presence in critical care and infectious disease treatment, will have its CEO, Pavel Raifeld, present at the conference on May 15, 2024. Interested parties can access a live webcast of the event on the company's Investor Relations website.

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Innoviva Specialty Therapeutics, a subsidiary of Innoviva, Inc., announced positive Phase 3 data for oral zoliflodacin in treating uncomplicated gonorrhea, achieving a 90.9% cure rate and showing non-inferiority to the current standard of care. The collaboration with GARDP marks a milestone in addressing antibiotic-resistant strains, with plans for regulatory filings in the U.S. Results from the largest clinical trial for gonorrhea treatment show promising efficacy and safety profiles for zoliflodacin.
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Armata Pharmaceuticals, Inc. secures a $35 million financing deal with Innoviva Strategic Opportunities LLC to advance phage-based therapeutic candidates targeting antibiotic-resistant infections. The funding will support ongoing Phase 2 trials and preparation for pivotal trials, showcasing confidence in the company's mission and clinical progress.
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Innoviva, Inc. (NASDAQ: INVA) reported strong financial results for Q4 2023, with $69.6 million in GSK royalties, $19.7 million in net product revenues, and 35% YoY growth. Key achievements include the approval and launch of XACDURO® and positive Phase 3 data for zoliflodacin. The company also repurchased 1.1 million common stock for $15.4 million, showcasing a successful and transformational year.
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Innoviva, Inc. reported financial results for Q3 2023, including $57.0 million in GSK royalties and $13.7 million in net product revenues. They launched XACDURO® for pneumonia treatment and announced positive Phase 3 data for zoliflodacin in gonorrhea treatment. They also repurchased $11.0 million of common stock.
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A Phase 3 study of oral zoliflodacin, a first-in-class antibiotic, has met its primary endpoint in treating drug-resistant Neisseria gonorrhoeae. The study found that zoliflodacin demonstrated non-inferiority to the current standard of care regimen. Positive results offer hope for patients and pave the way for the development of other antibiotics to address antimicrobial resistance.
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Innoviva Specialty Therapeutics to present findings on XACDURO® and XERAVA® at IDWeek 2023
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Innoviva CEO to participate in fireside chat at Cantor Global Healthcare Conference
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Innoviva's subsidiary, Innoviva Specialty Therapeutics, announces the availability of XACDURO for the treatment of HABP/VABP caused by Acinetobacter infections.
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Innoviva, Inc.

Nasdaq:INVA

INVA Rankings

INVA Stock Data

970.39M
51.14M
1.59%
117.67%
17.92%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
BURLINGAME

About INVA

innoviva is focused on bringing compelling new medicines to patients in areas of unmet need by leveraging its significant expertise in the development, commercialization and financial management of bio-pharmaceuticals. innoviva's portfolio is anchored by the respiratory assets partnered with glaxo group limited (gsk), including relvar®/breo® ellipta® and anoro® ellipta®, which were jointly developed by innoviva and gsk. under the agreement with gsk, innoviva is eligible to receive associated royalty revenues from relvar®/breo® ellipta®, anoro® ellipta® and, if approved and commercialized, vi monotherapy, as well. in addition, innoviva retains a 15 percent economic interest in future payments made by gsk for earlier-stage programs partnered with theravance biopharma, inc. for more information, please visit innoviva's website at www.inva.com.