Table of Contents

Quick Stock Overview
Innoviva by the numbers.

1. Executive Summary
A brief discussion of Innoviva and its potential appeal to value investors.

2. Extended Summary
A more detailed explanation of Innoviva’s business and competitive position.

3. A different kind of biotech
Innoviva unique business model.

4. A Messy Past
A complex corporate structure that got slightly simpler

5. The growth Portfolio
VC investments in biotech startups and one unique technology with outstanding potential.

6. Conclusion
Why Innoviva is worth a closer look.