Theravance gets a fresh start

cafead

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  • cafead   Jul 14, 2022 at 11:02: AM
via Theravance’s latest move, to sell off the royalties it gets from GSK’s Trelegy Ellipta to Royalty Pharma, looks like a necessary one. With $1.1bn up front, the troubled company will get to repay its debts, return some money to shareholders, and even have something left for future drug development.

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