Theravance is focused on the discovery, development and commercialization of small molecule medicines across a number of therapeutic areas including respiratory disease, bacterial infections and gastrointestinal motility dysfunction. The company's key programs include: VIBATIV^TM(telavancin) with Astellas Pharma Inc. and the RELOVAIR™ (formerly referred to as Horizon) program and the Bifunctional Muscarinic Antagonist-Beta₂ Agonist (MABA) program with GlaxoSmithKline plc. By leveraging its proprietary insight of multivalency toward drug discovery focused primarily on validated targets, Theravance is pursuing a best-in-class strategy designed to discover superior medicines in areas of significant unmet medical need.