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Analyst Coverage

Firm	Analyst
H.C. Wainwright & Company	Andrew S. Fein
Jefferies	Chris Howerton, Ph.D.
Needham & Company	Serge Belanger
Wedbush	Liana Moussatos, Ph.D.

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PO Box 110085, Research Triangle Park, NC 27709
Tel +1 919-328-4400
Fax +1 919-328-4402

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© 2021 Liquidia, Inc. All Rights Reserved.

Liquidia is a biopharmaceutical company focused on the development and commercialization of products that address unmet patient needs, with current focus directed towards the treatment of pulmonary arterial hypertension (PAH). Our current pipeline is focused on the development of product candidates using our PRINT^® Technology platform, which includes LIQ861 for the treatment of pulmonary arterial hypertension.

Our subsidiary, Liquidia PAH (formerly RareGen), generates revenue pursuant to a promotional agreement between RareGen and Sandoz, sharing profit derived from the sale of the first-to-file fully substitutable generic treprostinil injection, or Treprostinil Injection, in the United States.

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