United Therapeutics Corp - UTHR STOCK NEWS

United Therapeutics Corporation (Nasdaq: UTHR) has announced the acquisition of a Rare Pediatric Disease Priority Review Voucher (PRV) for $105 million. This PRV will allow the company to expedite the review of its forthcoming New Drug Application (NDA) for Tyvaso DPI, expected in the first half of 2021. The PRV reduces the review period from 12 to 8 months, enhancing the potential for timely market entry. The Tyvaso DPI aims to improve treatment for pulmonary hypertension, providing a more convenient delivery method compared to existing therapies.

United Therapeutics Corporation (Nasdaq: UTHR) announced that the FDA has granted orphan drug designation to treprostinil for treating idiopathic pulmonary fibrosis (IPF). The company plans to initiate a phase 3 study named TETON to evaluate Tyvaso (treprostinil) Inhalation Solution in IPF patients, with enrollment expected in 2021. This designation provides potential benefits like seven years of market exclusivity post-approval and may extend to the Treprostinil Technosphere upon approval. IPF affects around 100,000 individuals in the U.S. annually.

United Therapeutics Corporation (Nasdaq: UTHR) released its inaugural Corporate Responsibility Report, highlighting 2019 data and selected 2020 updates. This report outlines the company’s commitment to environmental, social, and governance (ESG) priorities, developed with guidance from its Board of Directors and based on GRI and SASB metrics. CEO Martine Rothblatt emphasized the company's long-standing focus on corporate responsibility. United Therapeutics plans to continue these reports annually, with the next expected around mid-2021.

United Therapeutics Corporation (Nasdaq: UTHR) announced that CFO James Edgemond will present at the Jefferies Virtual London Healthcare Conference on November 17, 2020, from 6:45 to 7:15 p.m. GMT. The live webcast will be available on their website, with an archived version accessible for 90 days post-event. United Therapeutics emphasizes innovation and quality in their biotechnology model and addresses organ shortages through their subsidiary, Lung Biotechnology PBC.

United Therapeutics Corporation (Nasdaq: UTHR) announced that President and COO Michael Benkowitz will present at the Credit Suisse 29th Annual Virtual Healthcare Conference. The presentation is scheduled for November 9, 2020, from 2:45 to 3:25 p.m. EST, and will be accessible via a live webcast on the company's website. An archived version will be available 24 hours post-event for 90 days. United Therapeutics focuses on innovation and sustainability in biotechnology, particularly through its subsidiary Lung Biotechnology PBC, which addresses the shortage of transplantable organs.

United Therapeutics (Nasdaq: UTHR) reported Q3 2020 revenues of $380.1 million, down 5% from $401.5 million in Q3 2019. Despite this decline, net income rose by 29% to $171.2 million, translating to $3.86 per basic share. The company anticipates revenue growth from upcoming product launches, including Tyvaso's label expansion and the introduction of the Remunity Pump. Year-over-year, sales for Tyvaso and Orenitram increased by 17% and 20%, respectively, while Remodulin revenues fell by 26% due to competition and a distributor order issue.

United Therapeutics Corporation (Nasdaq: UTHR) presented new clinical data on Tyvaso (treprostinil) Inhalation Solution for pulmonary hypertension associated with interstitial lung disease (PH-ILD) at the CHEST 2020 conference. The phase 3 INCREASE study showed that patients receiving Tyvaso experienced fewer exacerbations of lung disease and improvements in forced vital capacity (FVC) compared to placebo. With an estimated 30,000 PH-ILD patients in the U.S. and no current FDA-approved therapies, the data underscore Tyvaso's potential in addressing this serious condition.

United Therapeutics Corporation (Nasdaq: UTHR) announced it will report its third quarter 2020 financial results on October 28, 2020, before market opens. A teleconference will follow at 9:00 a.m. ET, accessible via phone and webcast on their website. The company emphasizes a commitment to innovation and quality, alongside efforts to address the shortage of transplantable organs through its subsidiary, Lung Biotechnology PBC. They caution that forward-looking statements may be subject to risks that could cause actual results to differ.

United Therapeutics Corporation (Nasdaq: UTHR) announced its presentation of clinical trial data on Tyvaso® (treprostinil) at CHEST 2020, scheduled from October 18-21. This will include results from the phase 3 INCREASE study focusing on pulmonary hypertension associated with interstitial lung disease (PH-ILD). Other topics include data on the Orenitram® ADAPT registry and the psychological impact of pulmonary arterial hypertension (PAH). Key presenters include Aaron Waxman and John Kingrey. The e-posters will be available on the CHEST 2020 website.