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INVA — Innoviva Inc.

INVA (Innoviva Inc.) stock: $18.99, $1.35B market cap, $1.13B cash, $535.1M EV, $1.63B fully diluted market cap. Data from Fully Diluted's biotech stocks database.

What they do

Our royalty portfolio contains respiratory assets partnered with Glaxo Group Limited (“GSK”), including RELVAR ® /BREO ® ELLIPTA ® (fluticasone furoate/vilanterol, “FF/VI”) and ANORO ® ELLIPTA ® (umeclidinium bromide/vilanterol, “UMEC/VI”).

Source: 10-K FY2025 via SEC EDGAR

Share price
$18.99
Market cap
$1,349.4M
Cash
$1,134.3M
Enterprise value
$535.1M

Balance sheet

Cash$1,134.3M
Debt$258.8M
Royalty-sale liability$61.2M
Net cash$875.5M
Enterprise value$535.1M
Basic shares71.1M shares
Fully diluted shares86.0M shares
Fully diluted market cap$1,632.4M
Cash per share$15.96
Quarterly burn+$52.0M generated

Cash figures as of 2026-09-30. Database snapshot: 2026-11-13.

Royalty-sale liability as of 2026-09-30 (10-Q); included in enterprise value.

Share structure

Common
72.2M
Pre-funded warrants
0.0M
Options
2.8M
RSUs
0.9M
Warrants
0.0M
Converts
10.0M
Conv preferred
0.0M
ESPP reserve
—
FDSO
86.0M

Cap table as of 2025-12-31.

Price history

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