Zymeworks posts investor presentation on planned Theravance Biopharma acquisition for YUPELRI cash flows
Theravance Biopharma Inc
Zymeworks Inc.
Theravance Biopharma Inc TBPH | 0.00 | |
Zymeworks Inc. ZYME | 0.00 |
- Zymeworks agreed to acquire Theravance Biopharma for USD 929 million; expected closing in 2H26.
- Funding includes USD 350 million non-recourse notes from OMERS Life Sciences; coupon 8.25%; maturity 2036; collateral tied to YUPELRI assets.
- Zymeworks cash at risk set at USD 219 million; structure targets no equity issuance.
- Deal centers on Theravance’s 35% YUPELRI profit share; presentation pegs annual profit share at about USD 60 million at current run-rate.
- YUPELRI 2025 U.S. net sales listed at USD 266.6 million; 2025 growth 12%; generics settlements point to April 2039 licensed launch dates.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zymeworks Inc. published the original content used to generate this news brief on June 29, 2026, and is solely responsible for the information contained therein.
