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Why Theravance Biopharma Inc (TBPH) stock facing negativity?

MITO Stock

MITO Stock

Theravance Biopharma Inc (TBPH) stock price declined on Friday, March 12, 2021, and even in the after-hours trading session, the negative trend continues.TBPH lost 12.69% in the extended-hours trading session on Friday. Still, there is no recent news to validate their share loss.

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Recent Business Activities

On February 23, 2021, TBPH announced its financial results for the fourth quarter and full-year 2020 ended on December 31, 2020.

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Fourth Quarter Financial Highlights  

Full-year Financial Highlights

Recent events/Participation

TBPH participated in a pre-recorded Fireside Chat (investors conference) at the H.C. Wainwright Global Life Sciences Conference on Tuesday, March 9.

About TBPH

Theravance Biopharma, Inc. is a diversified biopharmaceutical company primarily focused on the discovery, development, and commercialization of organ-selective medicines. TBPH‎’s purpose is to create transformational medicines to improve the lives of patients suffering from serious illnesses. Our research is focused on the areas of inflammation and immunology.

TBPHhas some important products such as FDA-approved YUPELRI which is used for the maintenance treatment of patients with chronic obstructive pulmonary disease (COPD).

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Rick E Winningham is the current CEO and Chairman of the company. He has more than 30 years of experience in biopharmaceuticals and has worked at senior management positions in different companies, around the globe.  He is graduated from Texas Christian University with an M.B.A degree and also holds a B.S. degree from Southern Illinois University.

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