Liquidia Technologies focuses on the small. Its method of producing nano-scale particles improves how a drug reaches its target in the body. Now the clinical-stage biopharmaceutical company is aiming for something big: an IPO to finance tests of a pair of drugs that use this drug delivery technology.
Research Triangle Park, NC-based Liquidia filed the IPO paperwork late Thursday, setting a preliminary $57.5 million target. The company has applied for a listing on the Nasdaq exchange under the stock symbol “LQDA.”
The key to Liquidia’s approach is its manufacturing process, which enables the company to control physical parameters of a nanoparticle,… Read more »
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