Theravance, Inc. Reports Third Quarter 2008 Financial Results

SOUTH SAN FRANCISCO, CA--(Marketwire - October 23, 2008) - Theravance, Inc. (NASDAQ: THRX) reported today its financial results for the quarter ended September 30, 2008. Net loss for the third quarter of 2008 was $20.9 million, compared with $32.4 million for the same period of 2007, a decrease of $11.5 million. Net loss per share was $0.34 for the third quarter of 2008 compared with a net loss per share of $0.53 for the third quarter of 2007.
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