SOUTH SAN FRANCISCO, CA -- (MARKET WIRE) -- April 26, 2007 -- Theravance, Inc. (NASDAQ: THRX) reported today its financial results for the quarter ended March 31, 2007. Net loss for the first quarter of 2007 was $49.5 million, compared with $49.0 million for the same period of 2006, an increase of $0.5 million. Net loss per share was $0.82 for the first quarter 2007 compared with a net loss per share of $0.86 for the first quarter 2006.