Zymeworks Completes Theravance Deal, Adds YUPELRI Cash Flow and Raises 2026 Outlook
Zymeworks announced it has completed its acquisition of Theravance Biopharma, adding the COPD medicine YUPELRI, an acquired research portfolio, collaboration and royalty economics, Irish tax attributes, and a commercial organization to its business.
Why it matters — This confirms the completion of the deal that changes Theravance Biopharma's corporate structure and ownership as part of Zymeworks.