Investment
Features
FeesSafety
Academy
More
Pluang+

Theravance Biopharma to be acquired by Zymeworks in H2 2026; Q2 revenue up 11% on YUPELRI growth and cost cuts.

Company Fundamentals
10 Aug 2026
PRNewsWire
View Source
Bullish
pluang ai news

Theravance Biopharma announced a definitive agreement for acquisition by Zymeworks, expected to close in the second half of 2026 pending shareholder approval. The company's Q2 2026 revenue rose 11% year-over-year to $20.7 million, driven by growth in YUPELRI sales and improved operating leverage. Significant cost reductions were achieved through restructuring, cutting operating expenses by 35% year-over-year. Theravance maintains a strong cash position of $388 million with no debt and expects further cost savings and milestone payments tied to TRELEGY sales in 2026.

More News (GSK)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App