STOCK TITAN

Liquidia Corporation - LQDA STOCK NEWS

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.

Rhea-AI Summary

MORRISVILLE, N.C., June 2, 2022 - Liquidia Corporation (NASDAQ: LQDA) announced that CFO Michael Kaseta will participate in a fireside chat at the Jefferies Healthcare Conference on June 9, 2022, at 11:00 am ET. The event runs from June 8-10, 2022, in New York City. A webcast will be available on Liquidia's investor website and archived for 30 days. Liquidia focuses on developing treatments for pulmonary hypertension, including YUTREPIA™ inhalation powder for PAH.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.08%
Tags
conferences
-
Rhea-AI Summary

Liquidia Corporation (NASDAQ: LQDA) announced the presentation of data on YUTREPIA™ (treprostinil) inhalation powder at the ATS International Conference 2022 in San Francisco. The research, focusing on safety and tolerability in treating pulmonary arterial hypertension (PAH), was presented by Dr. Nicholas P. Hill from Tufts Medical Center. YUTREPIA, an investigational drug, has FDA tentative approval aimed at improving exercise ability in adults with NYHA Functional Class II-III symptoms. The company emphasizes its proprietary PRINT® technology used in the drug's development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.78%
Tags
none
-
Rhea-AI Summary

Liquidia Corporation (LQDA) reported its Q1 2022 financial results, showing revenue growth to $3.5 million, up from $3.1 million year-over-year. The company secured $53.7 million from a stock offering and increased its credit facility, enhancing its financial position for the anticipated launch of YUTREPIA™. Key corporate actions include advancing its Hatch-Waxman litigation for YUTREPIA approval and bolstering the utilization of Treprostinil Injection amid payer mandates. However, the net loss widened to $15.9 million, compared to $9.2 million in Q1 2021, reflecting higher administrative expenses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.48%
Tags
Rhea-AI Summary

Liquidia Corporation (NASDAQ: LQDA) will report its first quarter 2022 financial results on May 12, 2022. The company will host a conference call and webcast at 8:30 a.m. ET to discuss the results and provide a corporate update. Investors can access the call by dialing 1-877-707-8711 domestically or 1-857-270-6219 internationally, using conference code 4798065. The webcast will be archived for 30 days. Liquidia focuses on pulmonary hypertension treatments using its PRINT® Technology and has developed YUTREPIA™ for pulmonary arterial hypertension.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.69%
Tags
conferences earnings
-
Rhea-AI Summary

Liquidia Corporation (NASDAQ: LQDA) announced the grant of stock options for 35,700 shares to newly hired non-executive employees under its 2022 Inducement Plan. Each stock option, granted as a material inducement for employment acceptance, has an exercise price of $5.63 per share, reflecting the closing price on April 22, 2022. These options will vest over four years, with 25% vesting on the first anniversary and the remainder vesting monthly. This initiative aligns with Nasdaq Listing Rule 5635(c)(4) aimed at attracting talent to support Liquidia's growth in pulmonary hypertension treatments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.37%
Tags
none
-
Rhea-AI Summary

Liquidia Corporation (NASDAQ: LQDA) announced that Dr. Sandeep Sahay will present clinical data on YUTREPIA™ (treprostinil) inhalation powder at the 42nd Annual Meeting of the International Society for Heart and Lung Transplant in Boston. The presentation titled 'Risk Assessment in Pulmonary Arterial Hypertension (PAH): Insights from the INSPIRE Study' will occur on April 27, 2022. YUTREPIA, a treatment for PAH, received tentative FDA approval on November 5, 2021, aimed at improving exercise ability in adults with specific symptoms.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
Rhea-AI Summary

Liquidia Corporation (NASDAQ: LQDA) has successfully closed an underwritten public offering of 11,274,510 shares of common stock, raising approximately $57.5 million. The offering included the full exercise of an over-allotment option for an additional 1,470,588 shares at $5.10 per share. Proceeds will support the commercial development of YUTREPIA™ and ongoing clinical trials for various patient groups. BofA Securities led the offering, with Needham & Company and BTIG as co-managers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.03%
Tags
-
Rhea-AI Summary

Liquidia Corporation (NASDAQ: LQDA) announced the pricing of an underwritten public offering of 9,803,922 shares at $5.10 per share, totaling approximately $50.0 million in gross proceeds. The offering is set to close on April 18, 2022, subject to customary conditions. The underwriters have a 30-day option to purchase an additional 1,470,588 shares. This offering is conducted under Liquidia's previously filed shelf registration statement with the SEC. BofA Securities is the sole book-running manager for this offering.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.19%
Tags
-
Rhea-AI Summary

Liquidia Corporation (NASDAQ: LQDA) announced the commencement of an underwritten public offering of its common stock, with all shares sold by the company. The underwriters may purchase an additional 15% of the shares within 30 days at the offering price. The offering relies on a previously filed shelf registration statement and is subject to market conditions. BofA Securities is the sole book-running manager. The net proceeds will be used for corporate purposes, although specific details were not provided. Completion of the offering is uncertain.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.19%
Tags
Rhea-AI Summary

Liquidia Corporation (NASDAQ: LQDA) announced the grant of a stock option for 2,000 shares to a newly hired non-executive employee as part of its 2022 Inducement Plan. This grant aligns with Nasdaq Listing Rule 5635(c)(4) and serves as an employment incentive. The option is exercisable at $6.94 per share, the closing price on March 21, 2022, and has a ten-year term with a vesting schedule over four years.

Liquidia focuses on developing treatments for pulmonary hypertension using its PRINT® Technology and has launched YUTREPIA™ for pulmonary arterial hypertension.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.55%
Tags
none

FAQ

What is the current stock price of Liquidia Corporation (LQDA)?

The current stock price of Liquidia Corporation (LQDA) is $11.1 as of December 20, 2024.

What is the market cap of Liquidia Corporation (LQDA)?

The market cap of Liquidia Corporation (LQDA) is approximately 912.4M.

What is Liquidia Corporation's primary focus?

Liquidia Corporation focuses on developing, manufacturing, and commercializing innovative therapies for pulmonary hypertension and pulmonary hypertension associated with interstitial lung disease using its proprietary PRINT® technology.

What is YUTREPIA?

YUTREPIA is an investigational inhaled dry powder formulation of treprostinil designed to treat pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).

What is PRINT® technology?

PRINT® technology is Liquidia's proprietary particle engineering platform that enables the precise production of uniform drug particles, enhancing safety and efficacy and applicable to various therapeutic areas and routes of administration.

What products are in Liquidia’s pipeline?

In addition to YUTREPIA, Liquidia is developing L606, an investigational sustained-release formulation of treprostinil administered through a next-generation nebulizer.

How does Liquidia generate revenue?

Liquidia generates revenue primarily from the sale of Treprostinil Injection through a partnership with Sandoz, as well as through strategic collaborations leveraging its PRINT® technology.

What recent leadership changes have occurred at Liquidia?

Recent leadership changes include the promotion of Michael Kaseta to Chief Operating Officer in addition to his role as Chief Financial Officer, and Michael Hunter to Senior Vice President of Manufacturing Operations.

What is the current status of YUTREPIA’s FDA approval?

YUTREPIA has received tentative approval from the FDA for the treatment of PAH, and Liquidia has filed an amendment to include PH-ILD. The FDA is expected to take final action on the amended NDA.

What are the financial highlights for Liquidia?

Liquidia reported significant revenue growth from its partnership with Sandoz, increased research and development expenses focused on YUTREPIA and L606, and strengthened cash reserves through strategic funding agreements.

What legal challenges has Liquidia faced?

Liquidia has navigated patent litigation and regulatory challenges, recently overcoming an injunction that had prevented FDA approval of YUTREPIA, and is actively defending against ongoing patent infringement claims.

How can I learn more about Liquidia Corporation?

For more information, visit Liquidia's official website at www.liquidia.com.

Liquidia Corporation

Nasdaq:LQDA

LQDA Rankings

LQDA Stock Data

912.38M
60.46M
19.49%
54.31%
12.25%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
MORRISVILLE