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Innoviva, Inc. - Common Stock (INVA)

21.55
+0.18 (0.84%)
NASDAQ · Last Trade: Jun 12th, 3:25 PM EDT
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Competitors to Innoviva, Inc. - Common Stock (INVA)

AstraZeneca PLC

AstraZeneca is a major player in the pharmaceutical industry, focusing on innovation in respiratory treatments among other therapeutic areas. Both Innoviva and AstraZeneca are heavily involved in developing treatments for diseases like asthma and COPD. However, AstraZeneca's expansive pipeline and extensive resources allow it to deliver a wider range of treatment options, making it a formidable competitor. AstraZeneca’s strong brand and established market presence provide it with a significant competitive advantage over Innoviva.

Gilead Sciences, Inc. GILD +2.06%

Innoviva competes with Gilead Sciences primarily in the fields of respiratory and infectious disease therapies. Both companies have developed a range of products aimed at improving patient outcomes in these areas. Gilead's extensive portfolio, which includes established therapies for hepatitis C and HIV management, allows it to leverage its research capabilities to branch into respiratory treatments, thus posing a significant challenge to Innoviva. Gilead's scale and market reach give it a competitive advantage over Innoviva.

Pear Therapeutics, Inc.

While Pear Therapeutics specializes in digital therapeutics aimed at behavioral health and substance use disorders, it still indirectly competes with Innoviva by seeking to address aspects of health management and medication adherence that can overlap with respiratory treatments. The intersection of technology and therapy can affect patient populations that Innoviva serves, especially as healthcare providers increasingly emphasize holistic treatment approaches. Pear’s innovative use of technology gives it a unique edge in engaging patients, posing a different type of competition based on the evolving landscape of treatment methodologies.

Teva Pharmaceutical Industries Limited TEVA +1.30%

Teva and Innoviva compete in the generics and specialty pharmaceuticals space, particularly in the respiratory segment. Teva's vast product line, along with its significant experience in addressing market needs with affordable generic alternatives, allows it to compete effectively against Innoviva's branded products. Despite Innoviva's focus on proprietary treatments, Teva's robust distribution network and cost-competitiveness help solidify its position in the market.

Vertex Pharmaceuticals Incorporated VRTX +1.67%

Innoviva, Inc. and Vertex Pharmaceuticals both focus on the development and commercialization of therapies for respiratory diseases, particularly in the treatment of chronic obstructive pulmonary disease (COPD) and cystic fibrosis. Both companies invest heavily in research and development to enhance their drug portfolios, often launching innovative treatments that target similar patient populations. Vertex has an established reputation for its groundbreaking therapies for cystic fibrosis, which gives it a competitive edge in terms of clinical trust and market presence.