Lionel Hutz on Liquidia's patent battle $LQDA
Yet Another Value Podcast - A podcast by Andrew Walker
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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