Theravance is a tough act to follow.
The company has raised more private money through equity sales than any other discovery-based biotech. (See Exhibit 1.) Meanwhile Theravance...
Theravance: Having Cake and Eating It
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Thanks to productivity, lower-risk follow-on drugs and access to a Big Pharma balance sheet, Theravance is trying to demonstrate the possibility of getting paid for doing what biotech does best: research.
Candid conversations with C-suite leaders.
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