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INVA News and Press, Innoviva Inc. From 05/24/23

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Company Name: Innoviva Inc.
Stock Symbol: INVA
Market: NASDAQ
Website: inva.com

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INVA - Innoviva, Entasis' bacterial pneumonia drug Xacduro wins FDA approval

2023-05-24 06:03:52 ET Innoviva ( NASDAQ: INVA ) said the the U.S. Food and Drug Administration (FDA) approved bacterial pneumonia therapy Xacduro. The new drug application (NDA) for Xacduro (sulbactam for injection; durlobactam for injection) was filed by Entasis Th...

INVA - Innoviva Specialty Therapeutics Announces FDA Approval for XACDURO® (sulbactam for injection; durlobactam for injection), Co-packaged for Intravenous Use

Indicated for the treatment of hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia caused by susceptible strains of Acinetobacter First pathogen-targeted therapy addressing Acinetobacter, including resistant strains, an emerging global health threat and gro...

INVA - IHF: Healthcare Dashboard For May

2023-05-22 05:00:00 ET Summary Pharmaceuticals/biotechnology and healthcare providers still have good value scores. Healthcare equipment is the less attractive subsector. Fast facts on IHF, a healthcare providers ETF. 10 stocks cheaper than their peers in May. ...

INVA - Results from Pivotal Phase 3 ATTACK Trial of Investigational Sulbactam-Durlobactam for Treatment of Serious Infections Caused by Acinetobacter Published in The Lancet Infectious Diseases

Sulbactam-durlobactam is the first pathogen-targeted therapy under investigation for the treatment of hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia caused by susceptible strains of Acinetobacter baumannii-calcoaceticus complex (Acinetobacter) . ...

INVA - Innoviva GAAP EPS of $0.51, revenue of $76.37M

2023-05-09 17:45:34 ET Innoviva press release ( NASDAQ: INVA ): Q1 GAAP EPS of $0.51. Revenue of $76.37M (-15.2% Y/Y). Cash and cash equivalents totaled $144.0 million. Royalty, product sales and milestone receivables totaled $75.8 million as of March 31, 2023. Fir...

INVA - Innoviva Reports First Quarter 2023 Financial Results and Highlights Recent Company Progress

Received GSK royalties of $60.3 million, net product revenues of $11.5 million and license revenue of $8.0 million in the first quarter of 2023 Repurchased $40.3 million of common stock and paid off $96.2 million of 2023 convertible notes Innoviva, Inc. (NASDAQ: INVA) (“I...

INVA - Pfizer, GSK, AbbVie among pharmas set to rise with May catalysts

2023-04-29 16:00:00 ET With the first trading day in May coming on Monday, many pharmaceutical companies will be hoping their returns fare better than they did in April. The iShares U.S. Pharmaceuticals ETF ( IHE ) returned a paltry 1.6% in April. The ETF's top two holdings are ...

INVA - Innoviva chairman Bickerstaff to step down after annual meeting

2023-04-28 17:45:51 ET Innoviva ( NASDAQ: INVA ) announced on Friday that chairman George Bickerstaff, III, would not stand for reelection at the company’s 2023 Annual Meeting. After the meeting, assuming that all other members are reelected, the board will c...

INVA - Innoviva Announces Retirement of Board Chairman

Innoviva, Inc. (NASDAQ: INVA) (“Innoviva” and “the Company”) and George Bickerstaff, III, Chairman of the Board of Directors of the Company (the “Board”) today announced that Mr. Bickerstaff would not stand for reelection at the Company’s 2023 Annu...

INVA - Innoviva rises 6% on FDA panel backing for bacterial pneumonia drug

2023-04-17 17:27:00 ET Innoviva ( NASDAQ: INVA ) said the U.S. Food and Drug Administration's advisory committee unanimously voted in support of approval of sulbactam-durlobactam to treat hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia...

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