Innoviva Inc. logo

Innoviva Inc. (INVA)

Market Closed
16 Oct, 08:00 PM
NASDAQ (NGS) NASDAQ (NGS)
$
20. 78
-0.08
-0.3835%
Pre Market
$
20. 77
-0.01 -0.0481%
1.5B Market Cap
6.58 P/E Ratio
- Div Yield
550,482 Volume
0.81 Eps
$ 20.86
Previous Close
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Day Range
20.55 20.92
Year Range
17.12 25.15
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Innoviva: Underappreciated Strength In Hospital Therapeutics

Innoviva: Underappreciated Strength In Hospital Therapeutics

Innoviva's strong balance sheet and stable royalty income from GlaxoSmithKline provide a solid foundation for its shift to specialty therapeutics, presenting an asymmetric risk-reward profile. The company is transitioning from a royalty collector to an operator in specialty therapeutics, with significant growth in product sales, notably GIAPREZA and XACDURO. Key assets like Zevtera, an advanced-generation antibiotic, and a promising pipeline in infectious diseases, position Innoviva for potential market disruption and growth.

Seekingalpha | 1 year ago