Court Finds United Therapeutics' Interference With Launch of Generic Treprostinil Injection Caused Losses Of More Than $137M
Portfolio Pulse from Benzinga Newsdesk
A court ruling found that United Therapeutics' interference with the launch of a generic Treprostinil Injection caused over $137M in losses. Liquidia Corporation, in partnership with Sandoz, was affected by this interference.
September 16, 2024 | 1:43 pm
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United Therapeutics was found liable for interfering with the launch of a generic Treprostinil Injection, causing over $137M in losses.
The court ruling against United Therapeutics could lead to financial penalties or reputational damage, negatively impacting its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Liquidia Corporation was impacted by United Therapeutics' interference, which led to over $137M in losses related to the launch of a generic Treprostinil Injection.
The court ruling in favor of Liquidia suggests potential compensation or favorable outcomes, which could positively impact Liquidia's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90