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Will Theravance Biopharma Finally Break Out in 2020?


Drug developer Theravance Biopharma (NASDAQ: TBPH) is not your typical biotech company.

It emerged in 2014 from a spinoff of the R&D branch of its parent company, now called Innoviva (NASDAQ: INVA). Shareholders in Innoviva received a dividend of Theravance Biopharma stock. The R&D efforts focus on inflammation and immunology. 

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com

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