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Monday, February 26, 2024

Theravance Results and Business Update

 

  • Q4 2023 YUPELRI® (revefenacin) net sales, recognized by Viatris, increased 9% from Q4 2022, reaching an all-time high of $60.6 million1
  • Full Year 2023 Viatris Collaboration Revenue increased 18% to $57.2 million
  • GAAP Net Loss of $8.5 million in Q4; Achieved goal of profitability on Non-GAAP basis in Q4, with Non-GAAP Net Profit of $1.4 million2
  • Completed $325 million capital return program, reducing shares outstanding by 37%
  • Ampreloxetine investor event planned for Q2 2024

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