litigation
confidence high
sentiment negative
materiality 0.70
United Therapeutics sues Liquidia and ex-employee over YUTREPIA IP misappropriation
Liquidia Corp
- Complaint filed May 29, 2024 in Durham County, NC, against former employee and Liquidia subsidiary.
- Alleges breach of employment agreements and misappropriation of IP leading to YUTREPIA (treprostinil) inhalation powder.
- United Therapeutics seeks assignment of patents and declaratory relief that inventions belong to them.
- Liquidia intends to vigorously defend against the allegations.