Record YUPELRI Net Sales
Fourth quarter YUPELRI net sales increased 10% over the fourth quarter of 2023, reaching $66.7 million, an all-time high. Hospital doses were up 49% year-over-year.
TRELEGY Sales and Milestone Achievement
GSK reported full year TRELEGY sales of $3.5 billion, up 26% year-over-year, triggering a $50 million milestone payment to Theravance.
Ampreloxetine Development Progress
Solid enrollment in the CYPRESS study and positive FDA interactions reaffirmed expectations for expedited NDA filing contingent on positive results.
Financial Position Strength
Theravance ended 2024 with $88 million in cash and no debt, excluding a recent $50 million milestone receipt.