---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-122076"
form_type: "8-K"
ticker: "LQDA"
cik: "0001819576"
company_name: "Liquidia Corp"
filed_at: "2022-11-25T23:59:59+00:00"
generated_at: "2026-06-21T13:06:13.175588+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Liquidia extends treprostinil promotion pact with Sandoz to 2032, adjusts profit sharing

## Summary
- Third Amendment with Sandoz extends Promotion Agreement initial term to December 31, 2032.
- Parties will enter a New Pump Development Agreement for subcutaneous treprostinil pump; development costs and milestones split 50/50.
- Profit sharing amended: if aggregate net profits <$500M by Dec 31, 2028, Liquidia PAH receives 50% of net profits thereafter.
- Indemnification terms added regarding the new pump development.

## SEC filing metadata
- accession: 0001104659-22-122076
- form_type: 8-K
- ticker: LQDA
- cik: 0001819576
- company_name: Liquidia Corp
- filed_at: 2022-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819576/000110465922122076/0001104659-22-122076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819576/000110465922122076/tm2231380d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-122076
- JSON: https://secwatch.observer/filing/0001104659-22-122076.json
- Plain text: https://secwatch.observer/filing/0001104659-22-122076.txt

## Key facts
- Material Agreements
  Liquidia Corp amended Third Amendment to Promotion Agreement with Sandoz Inc. (effective 2022-11-18).
  - Action: amendment
  - Agreement: collaboration
  - Counterparty: Sandoz Inc.
  - Effective: 2022-11-18
  source text: On November 18, 2022, Liquidia PAH, LLC, a Delaware limited liability company (formerly known as RareGen, LLC) (“Liquidia PAH”) and wholly-owned subsidiary of Liquidia Corporation, a Delaware corporation (the “Company”), entered into a Third Amendment to Promotion Agreement (the “Third Amendment”) with Sandoz Inc. (“Sandoz”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819576/000110465922122076/0001104659-22-122076-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.