secwatch.observer — SEC 8-K summary
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Issuer:     Innoviva, Inc. (INVA)
CIK:        0001080014
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001104659-22-017148
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innoviva Q4 2021 royalties up 18% to $111.1M; announces $45M strategic investment in Armata
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- Gross royalty revenues $111.1M in Q4 2021 (+18% YoY); full year 2021 $405.7M (+19%).
- Income from operations $104.5M (+23% YoY); diluted EPS $2.87 (+40%).
- Invested $4M in Armata in Q4 2021 and additional $45M in Feb 2022, expected to own ~70%.
- TRELEGY global net sales up 53% to $480.2M; ANORO down 17%; RELVAR/BREO up 3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080014/000110465922017148/0001104659-22-017148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080014/000110465922017148/tm225965d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-017148

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer