Item 7.01. Regulation FD Disclosure

The information in this Current Report (including Exhibit 99.1) is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report (including Exhibit 99.1) shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Today Theravance, Inc. issued a press release announcing the outcome of the meeting of the Anti-Infective Drugs Advisory Committee to the U.S. Food and Drug Administration regarding telavancin for the treatment of complicated skin and skin structure infections. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release of Theravance, Inc. dated November 19, 2008

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