Liquidia Technologies, Inc. (LQDA) came out with a quarterly loss of $0.37 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.36 per share a year ago.
The recent UTHR appeal to SCOUTS and the request for a LQDA answer caused an undeserved stock price drop. Interesting entry point as FDA potential approval remains imminent as more than 6 months passed since PDFUA date was delayed. The District Court ruling on patent 327 strengthens Liquidia's position against United's legal actions, as expected in our previous analysis.
Liquidia stock retook its 50-day line on a U.S. judge's ruling on a patent dispute with United Therapeutics.