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Innoviva, Inc.

INVA 5.5

Biotechnology · 1.5B market cap · site

Price and target zones价格与目标区间

$20.99
$17–20 entry买入52wk52周 $17–$25-17% off the high距高点

What the company does公司做什么

Innoviva, Inc. operates as a biopharmaceutical company in the United States and internationally. Its royalty portfolio includes RELVAR/BREO ELLIPTA, a once-daily combination medicine consisting of a LABA, vilanterol, and an inhaled corticosteroid, and fluticasone furoate; ANORO ELLIPTA, a once-daily medicine combining a long-acting muscarinic antagonist, umeclidinium bromide, and ABA, VI.

Read the full description查看完整介绍

Innoviva, Inc. operates as a biopharmaceutical company in the United States and internationally. Its royalty portfolio includes RELVAR/BREO ELLIPTA, a once-daily combination medicine consisting of a LABA, vilanterol, and an inhaled corticosteroid, and fluticasone furoate; ANORO ELLIPTA, a once-daily medicine combining a long-acting muscarinic antagonist, umeclidinium bromide, and ABA, VI. The company also markets GIAPREZA for increasing blood pressure in adults with septic or other distributive shock; XACDURO, a co-packaged for intravenous use for the treatment of hospital-acquired and ventilator-associated bacterial pneumonia caused by Acinetobacter; XERAVA for the treatment of complicated intra-abdominal infections in adults; ZEVTERA an advanced-generation cephalosporin antibiotic for the treatment of staphylococcus aureus bacteremia, as well as with right-sided endocarditis, acute bacterial skin and skin structure infections, and community-acquired bacterial pneumonia; NUZOLVENCE for the treatment of uncomplicated urogenital gonorrhea in adults and adolescents. In addition, the company develops bacteriophages with potential use in a range of infectious and other serious diseases. It has a strategic partnership with Sarissa Capital Management LP; and LABA Collaboration Agreement with Glaxo Group Limited to develop and commercialize once-daily products for the treatment of chronic obstructive pulmonary disease and asthma. The company was formerly known as Theravance, Inc. and changed its name to Innoviva, Inc. in January 2016. Innoviva, Inc. was incorporated in 1996 and is headquartered in Burlingame, California.

Products and services产品与服务 from the vendor summary — not yet written up来自供应商简介——尚未整理成文

Company facts公司资料

Founded成立时间
1996
Headquarters总部
Burlingame, California
Employees员工人数
159
Industry行业
Biotechnology
Country国家
United States

Investment thesis投资逻辑 from the watchlist来自关注列表

⚪ ANALYZED 9/10 — WATCH, on deck (not in zone). Royalty holdco; the 'cheap 4.9x PE' is a mark artifact (Armata VIE marks; real ~9-14x). GSK royalty ~$620-800M < $1.24B EV. Entry $17-20.

Red flags

  • Governance: funneling the royalty into a $457M (~31% of cap) Armata bet + dilution. Trim 13-14x. ZVRA is the better VRRM replacement

Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动

Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例

Gross profit毛利润
73%
Operating profit营业利润
43%
Net profit净利润
81%

of every $1 of revenue每 $1 营收中的占比

Return on equity净资产收益率
37%
Revenue growth营收增长
+19%

Competitive advantages竞争优势 from the thesis and the reports来自投资逻辑和报告

Sources来源