Welcome to our dedicated page for Liquidia Corporation news (Ticker: LQDA), a resource for investors and traders seeking the latest updates and insights on Liquidia Corporation stock.
Liquidia Corporation (NASDAQ: LQDA) is a U.S.-based biopharmaceutical company committed to enhancing drug delivery and efficacy through its proprietary PRINT® technology. The company focuses on the development, manufacturing, and commercialization of innovative therapies for pulmonary hypertension (PH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). Liquidia’s flagship product, YUTREPIA™, is an investigational inhaled dry powder formulation of treprostinil designed to treat pulmonary arterial hypertension (PAH) and PH-ILD. This product aims to improve exercise ability and quality of life for patients.
Liquidia is actively advancing its product pipeline, which includes L606, an investigational sustained-release formulation of treprostinil administered through a next-generation nebulizer. Currently, L606 is under evaluation in an open-label study and aims to extend drug exposure while minimizing local irritation in the lungs.
In addition to these developments, Liquidia has a valuable collaboration with leading pharmaceutical companies, leveraging its PRINT® technology for broader therapeutic areas. This technology enables precise production of uniform drug particles, enhancing safety and efficacy, and can be applied to various therapeutic areas and routes of administration.
Recent achievements include the promotion of key leadership within the company as they prepare for the potential FDA approval and launch of YUTREPIA. The company has also successfully navigated regulatory and legal challenges, ensuring a clear path for YUTREPIA’s market entry.
Financially, Liquidia has demonstrated robust growth, reporting significant revenue from its partnership with Sandoz for the commercial sale of Treprostinil Injection. The company has also secured substantial funding through strategic agreements, bolstering its cash reserves for continued research and development efforts.
Liquidia remains dedicated to transforming patient care by addressing unmet needs with innovative drug delivery solutions and is poised to make significant strides in the biopharmaceutical industry.
Liquidia Corporation (NASDAQ: LQDA) will report its first quarter 2023 financial results on May 4, 2023, at 8:30 a.m. Eastern Time. The company will also provide a corporate update during a webcast, which will be available on its website. Liquidia is focused on developing treatments for pulmonary hypertension and has developed YUTREPIA™, an investigational inhalation powder for pulmonary arterial hypertension (PAH), which received tentative FDA approval in November 2021. For further information, a rebroadcast of the webcast will be available for 30 days following the live event.
Liquidia Corporation (NASDAQ: LQDA) has announced that CFO Michael Kaseta will present a business overview during a fireside chat at the 22nd Annual Needham Virtual Healthcare Conference. The session is scheduled for April 18, 2023, at 11:00 a.m. Eastern Standard Time.
Interested participants can access the live webcast on Liquidia's website, and an archived version will be available for 30 days post-event. Liquidia focuses on developing treatments for pulmonary hypertension and uses its proprietary PRINT® Technology. The company’s investigational product, YUTREPIA™, is aimed at treating pulmonary arterial hypertension.
Liquidia Corporation (NASDAQ: LQDA) announced a new, non-exclusive license agreement with GSK, replacing a prior collaboration from 2012. This agreement allows Liquidia to leverage its PRINT® technology for developing inhaled formulations, excluding certain GSK proprietary molecules. GSK retains a non-exclusive, royalty-free right for pre-clinical research. CEO Roger Jeffs highlighted benefits from restructuring the relationship to enhance product development opportunities. The earlier agreement had granted GSK an exclusive license in inhaled therapeutics, but the new terms require GSK to seek an expanded license for clinical or commercial use.
Liquidia Corporation (NASDAQ: LQDA) reported a net loss of $41 million for the full year ending December 31, 2022, with a revenue increase to $15.9 million from $12.9 million in 2021. The decrease in profit-sharing from its agreement with Sandoz, which fell from 80% to 50%, was countered by an increase in units sold. The company clarified its path to launching YUTREPIA, anticipating legal resolution by mid-2024, and has strengthened its financial position through various financing activities, including a $100 million revenue interest deal. The company's cash reserves increased to $93.3 million.
Liquidia Corporation (NASDAQ: LQDA) will announce its full-year 2022 financial results on March 16, 2023. A live webcast is scheduled for 8:30 a.m. Eastern Time, where the company will discuss its financial outcomes and provide a corporate update.
Liquidia is a biopharmaceutical firm focusing on pulmonary hypertension treatments, utilizing its PRINT® Technology. Its YUTREPIA™ inhalation powder has received tentative FDA approval for pulmonary arterial hypertension (PAH), indicating progress in its product development.
Liquidia Corporation (NASDAQ: LQDA) announced that the PTAB has upheld its decision declaring the ‘793 patent unpatentable, rejecting UTHR's rehearing request. The PTAB clarified that prior art cited by Liquidia was publicly distributed before the filing of the initial patent application. Liquidia anticipates a legal resolution regarding this patent by late 2023 or early 2024. UTHR is expected to appeal the PTAB's decision. If affirmed on appeal, the cancellation of the ‘793 patent will negate UTHR's infringement claims against Liquidia.
Liquidia Corporation (NASDAQ: LQDA) announced the grant of inducement stock options for 10,000 shares to newly hired non-executive employees under its Inducement Plan. Each option, intended as part of the employment compensation, is exercisable at $6.39 per share, the closing price on the grant date of February 1, 2023. The options have a ten-year term and vest over four years, with 25% vesting on the first anniversary and the remainder vesting monthly thereafter. The Inducement Plan specifically allows for non-statutory stock options for individuals who are new hires or returning after a period of non-employment.
Liquidia Corporation (NASDAQ: LQDA) announced a Revenue Interest Financing Agreement with HealthCare Royalty (HCRx), securing up to $100 million to support the launch of YUTREPIA™ (treprostinil) inhalation powder and other business activities. Liquidia will receive an initial $32.5 million, with additional tranches contingent on conditions like patent litigation outcomes. The agreement is intended to extend Liquidia's cash runway through at least 2024, providing non-dilutive capital while maintaining financial flexibility.
Liquidia Corporation (NASDAQ: LQDA) announced a collaboration with Sandoz and Mainbridge Health Partners to develop a new subcutaneous infusion pump for Treprostinil Injection, a generic version of Remodulin. The Pump Agreement includes equal sharing of development costs and aims for FDA submission in 2023. Additionally, Liquidia and Sandoz extended their promotion agreement for Treprostinil Injection through 2032. This partnership emphasizes Liquidia's commitment to enhance treatment options for pulmonary arterial hypertension (PAH) patients.
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