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Stock impact report

United Therapeutics' Challenges FDA Over Liquidia's Drug Approval Process, Clocks Strong Q4 Earnings [Yahoo! Finance]

Liquidia Corporation (LQDA) 
Last liquidia corporation earnings: 3/11 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Corporation (NASDAQ: LQDA ) to deviate from established rules in the drug approval process The litigation focuses on the FDA's handling of Liquidia's amendment to a pending new drug application (NDA) related to its proposed inhaled dry powder treprostinil product, seeking to add a second indication for pulmonary hypertension associated with interstitial lung disease (PH-ILD). Also Read: This United Therapeutics Analyst Is No Longer Bearish, Expects Mid-Decade $4B Revenue Run Rate United Therapeutics contends that FDA rules require a new NDA for such a second indication rather than an amendment to an existing one. The company also asserts that, under the Hatch-Waxman Act, Liquidia's decision to file an amendment instead of a new NDA allowed it to avoid a potential 30-month stay on approval for PH-ILD. This stay would be triggered if a timely patent infringement action is filed, preventing FDA approval until the litigation is resolved. United Therapeutics had previously sued Show less Read more
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