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Lionel Hutz on Liquidia's patent battle $LQDA

Lionel Hutz on Liquidia's patent battle $LQDA

Published 3 years, 3 months ago
Description

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
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