- Levi & Korsinsky said it is investigating potential securities litigation involving Theravance after the stock fell about 26% on March 3, 2026.
- The firm alleged management reaffirmed guidance that included USD 75 million in near-term milestones without quantifying the risk from a negative CYPRESS Phase 3 readout.
- Theravance reported the CYPRESS trial failed to meet its primary endpoint and said it would conduct an accelerated strategic review, including terminating the ampreloxetine program.
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. Theravance Biopharma Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603190900PRIMZONEFULLFEED9674768) on March 19, 2026, and is solely responsible for the information contained therein.