Your email has been successfully added to our mailing list.

×
0 0 -0.00442804428044284 -0.00442804428044284 0.00295202952029514 -0.0154981549815499 0 0.0166051660516605
Stock impact report

Theravance shuts down R&D efforts and cuts workforce by half after Phase III trial failure [Yahoo! Finance]

Theravance Biopharma, Inc. - Ordinary Shares (TBPH) 
Last theravance biopharma, inc. - ordinary shares earnings: 2/24 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.theravance.com/investor-relations
Company Research Source: Yahoo! Finance
Theravance Biopharma is restructuring its R&D organisation and cutting its workforce by approximately half after its rare disease blood pressure drug failed to meet the primary endpoint in a Phase III study. In the CYPRESS study (NCT05696717), ampreloxetine failed to improve Orthostatic Hypotension Symptom Assessment (OHSA) composite score after eight weeks in patients with neurogenic orthostatic hypotension (nOH) due to multiple system atrophy (MSA). Similar trends were observed in the secondary endpoints. Change in blood pressure, heart rate and norepinephrine levels confirmed a consistent pressor effect and reaffirmed ampreloxetine's biological activity. The drug was generally well tolerated, with safety findings consistent with prior studies, including no signal of worsening of supine hypertension. CEO of Theravance, Rick Winningham, said: "We are disappointed that ampreloxetine did not meet the primary endpoint in the CYPRESS study. These results are particularly dishearte Show less Read more
Impact Snapshot
Event Time:
TBPH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TBPH alerts
Opt-in for
TBPH alerts

from News Quantified
Opt-in for
TBPH alerts

from News Quantified