Liquidia Drug Approved As Rival United Throws Hail Mary To Delay Actual Launch

Amid a vicious legal dispute, Liquidia ($LQDA) finally won FDA approval on May 23 for its medicine Yutrepia to treat two deadly lung diseases: PAH and PH-ILD. But a federal judge could still block Yutrepia from actually launching on time, due to new litigation filed by United Therapeutics ($UTHR) to delay competition against its incumbent drug Tyvaso.

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