Lionel Hutz discusses his thesis for Liquidia (LQDA) and why the thinks they are likely to win their patent battle against United Therapeutics (UTHR).
Lionel's LQDA write up: https://lionelhutz.substack.com/p/waiting-with-bated-breath-for-liquidia
Chapters
- 0:00 Intro
- 2:50 LQDA overview
- 8:05 Diving into the patent background
- 16:10 Breaking down the conflicting rulings on the '793 patent
- 19:55 Why the PTAB ruling is the most important for '793
- 21:55 What's so unique about the judge's ruling on '793
- 28:30 Why PTAB ruled the '793 patent invalid
- 37:40 LQDA's primary argument for invalidating '793
- 43:30 Discussing the expert reports around the '793 patent
- 53:30 Timeline to monetization and why delaying LQDA is so important for UTHR
- 59:00 LQDA's upside if they win
- 1:13:00 LQDA's cash runway
