Core Insights - Liquidia Corporation has received an additional $50 million under its financing agreement with Healthcare Royalty following a legal victory against United Therapeutics Corporation, allowing for the commercial sale of YUTREPIA™ [1][2] - The funding will accelerate the launch of YUTREPIA, advance Liquidia's clinical pipeline, and support future manufacturing operations [2] - Liquidia has now received a total of $175 million of the $200 million available under the financing agreement, with an additional $25 million contingent on achieving net sales of YUTREPIA exceeding $100 million by June 30, 2026 [2] Company Overview - Liquidia Corporation is focused on developing innovative therapies for rare cardiopulmonary diseases, particularly pulmonary hypertension [8] - The company utilizes its proprietary PRINT® technology to create drug formulations, including YUTREPIA, which is approved for treating pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD) [8] - Liquidia is also developing L606, a sustained-release formulation of treprostinil, and markets generic Treprostinil Injection for PAH treatment [8] Product Information - YUTREPIA is an inhaled dry-powder formulation of treprostinil designed for ease of use and enhanced lung deposition [5] - The product is currently undergoing clinical trials, including the ASCENT trial, to evaluate its safety and tolerability in patients with PH-ILD [5] - YUTREPIA was previously known as LIQ861 during its investigational studies [5] Market Context - Pulmonary arterial hypertension (PAH) affects an estimated 45,000 patients in the U.S., with no current cure, making symptom management and quality of life improvement critical [3] - Pulmonary hypertension associated with interstitial lung disease (PH-ILD) has a prevalence of over 60,000 patients in the U.S., with many cases underdiagnosed [4]