Welcome to our dedicated page for Liquidia news (Ticker: LQDA), a resource for investors and traders seeking the latest updates and insights on Liquidia stock.
Liquidia Corporation develops and commercializes therapies for respiratory and vascular diseases, with a focus on pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease. Its updates center on YUTREPIA® (treprostinil) inhalation powder, the company’s PRINT® Technology-enabled approved therapy, along with L606, an investigational extended-release treprostinil formulation administered with a nebulizer, and generic Treprostinil Injection for PAH.
Recurring news includes financial results, YUTREPIA commercial uptake, clinical data presentations, pipeline studies, corporate presentations and investor conference participation. Company updates also discuss treprostinil delivery, PAH and PH-ILD treatment settings, cash generation and profitability as product sales become a larger part of Liquidia’s operating profile.
Liquidia Corporation (NASDAQ: LQDA) reported its Q3 2022 financial results, maintaining revenue at $3.2 million year-over-year. The company is preparing to launch YUTREPIA™ for PAH and PH-ILD following legal victories against United Therapeutics. Liquidia's cash increased to $98.3 million, up from $57.5 million in December 2021. However, the net loss widened to $9.1 million compared to $7.3 million in Q3 2021, attributed to rising administrative expenses.
Anavasi Diagnostics, a medical technology firm, has elected three new board members: Bryan Crane, PhD, from Illumina, Arthur Kirsch from Liquidia Corp, and David Vied from Cyanotech Corporation. This expansion aims to leverage their extensive industry experience to enhance Anavasi's growth as it progresses through clinical trials and product development. Nelson Patterson, CEO, expressed optimism about the fresh perspectives these members will bring. Anavasi has secured $6 million in seed funding and is currently in a $20 million Series A fundraising round.
Liquidia Corporation (NASDAQ: LQDA) will release its third quarter 2022 financial results on November 8, 2022. A conference call and webcast will follow at 8:30 a.m. ET for discussion of the results and corporate updates. Interested parties can join the live call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international), entering conference code 7467713. Additionally, a webcast will be accessible on Liquidia’s website for 30 days.
Liquidia Corporation (NASDAQ: LQDA) announced that the Precedential Opinion Panel of the USPTO denied United Therapeutics' request to review the PTAB decision that invalidated claims of U.S. Patent No. 10,716,793. The PTAB had ruled the claims unpatentable based on prior art presented by Liquidia. The decision supports Liquidia's position as it seeks final approval for YUTREPIA, its inhalation powder for treating pulmonary arterial hypertension (PAH). CEO Roger Jeffs expressed confidence in the ongoing rehearing process, anticipating a favorable outcome by mid-2024.
Liquidia Corporation (LQDA) announced data presentations for YUTREPIA™ (treprostinil) inhalation powder at the CHEST 2022 Annual Meeting. The data includes findings on higher dose efficacy compared to lower doses and the product's robustness in misuse scenarios. YUTREPIA is designed to treat pulmonary arterial hypertension (PAH) and was granted a tentative FDA approval in November 2021. The presentations will be accessible on the company's website post-event.
Liquidia Corporation (NASDAQ: LQDA) reported a favorable District Court ruling regarding U.S. Patent No. 9,593,066 (‘066 Patent) but an unfavorable outcome for U.S. Patent No. 10,716,793 (‘793 Patent). The court found five of six asserted claims of the ‘066 patent invalid and ruled that the valid claim was not infringed. All claims of the '793 patent were previously invalidated by the PTAB, impacting the FDA approval pathway for YUTREPIA™ (treprostinil) inhalation powder. The company plans to appeal the decision and has scheduled a conference call for September 1, 2022.
Liquidia Corporation (NASDAQ: LQDA) announced the grant of inducement stock options totaling 7,000 shares to newly hired non-executive employees under the 2022 Inducement Plan. Each option is priced at $7.44 per share, the closing price on August 19, 2022. The options have a vesting schedule of four years, with 25% vesting on the first anniversary and the remainder vesting monthly. This grant aligns with Nasdaq Listing Rule 5635(c)(4) to attract new talent. Liquidia focuses on developing products for pulmonary hypertension and other applications of its PRINT® Technology.
Liquidia Corporation (NASDAQ: LQDA) reported its second-quarter financial results for 2022, showing revenues of $3.9 million, up from $3.4 million the previous year. The company has strengthened its financial position with $103.8 million in cash, thanks to a recent equity offering of $54.5 million. Liquidia is focusing on launching YUTREPIA™ inhalation powder, pending regulatory approval, after a favorable ruling in Hatch-Waxman litigation. The company expects to seek a second indication for YUTREPIA in 2024 without additional studies.
Liquidia Corporation (NASDAQ: LQDA) will announce its second quarter 2022 financial results on August 11, 2022, with a conference call scheduled for 8:30 a.m. ET. The call will cover financial results and a corporate update. Interested parties can join by phone or access a webcast, which will be archived for 30 days. Liquidia focuses on developing treatments for pulmonary hypertension, including its inhalation powder YUTREPIA™. For more information, visit Liquidia's website.
Liquidia Corporation (NASDAQ: LQDA) released clinical data from the INSPIRE study on YUTREPIA™ (treprostinil) inhalation powder for pulmonary arterial hypertension (PAH). The study demonstrated effective titration, achieving therapeutic levels within two months, and maintaining safety with primarily mild to moderate side effects. Out of 121 patients, 93% completed the two-month phase, with significant improvement in NYHA functional class. Although the study wasn't designed for definitive efficacy conclusions, preliminary results indicate positive clinical impact. Long-term safety data will continue to emerge from ongoing studies.