Theravance, Inc. Receives Notice of Possible Telavancin Review by FDA Advisory Committee

SOUTH SAN FRANCISCO, CA--(Marketwire - December 27, 2007) - Theravance, Inc. (NASDAQ: THRX) today announced that it has received notice from the U.S. Food and Drug Administration (FDA) that the agency’s Anti-Infective Drugs Advisory Committee may soon meet to review the NDA for telavancin, a novel, bactericidal, once-daily injectable antibiotic proposed to treat complicated skin and skin structure infections (cSSSI) caused by Gram-positive bacteria, including resistant pathogens such as methicillin-resistant Staphylococcus aureus (MRSA). Further details will be provided by Theravance upon receipt of additional information from FDA.

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