Theravance Biopharma Inc. is jettisoning its JAK inhibitor program and laying off nearly a fifth of its staff. Its second restructuring in two years, it will now concentrate on its marketed in-house product, the chronic obstructive pulmonary disease (COPD) drug Yupelri (revefenacin), as well as ampreloxetine, in Phase III for neurogenic orthostatic hypotension (nOH).
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