Successful Launch of YUTREPIA
Within the first 5 months of launch, YUTREPIA exceeded expectations with over 2,000 unique prescriptions, therapy initiated for over 1,500 patients, and over 600 healthcare practitioners prescribing it across the U.S. The referral-to-start ratio is around 85%.
Financial Performance
In the third quarter, Liquidia delivered $51.7 million in net product sales of YUTREPIA with relatively flat R&D and SG&A expenses. The company achieved positive adjusted EBITDA of $10.1 million, ahead of previous guidance.
Positive Cash Flow
September marked Liquidia's first month of positive net cash flow, adding $5 million in net cash and continuing to build momentum with additional gains in October.
Market Penetration
YUTREPIA is gaining traction with 3 out of 4 patients being new to treprostinil and 1 out of 4 transitioning from other prostacyclin therapies. The product is redefining expectations for inhaled delivery of treprostinil.
Strategic Growth Plans
Liquidia plans to reinvest in R&D to support sustained long-term growth and broaden YUTREPIA's clinical utility with niche studies and exploring new indications.