United Therapeutics Corp.
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United Therapeutics Corp.
United Therapeutics Corporation is an American publicly-traded biotechnology company listed on the NASDAQ under the symbol UTHR. It develops novel, life-extending technologies for patients in the areas of lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland, Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog, Quebec, Magog and Bromont, Quebec, Bromont, Quebec; Melbourne, Florida, Melbourne and Jacksonville, Florida, Jacksonville, Florida; La Jolla, California; and Manchester, New Hampshire, Manchester, New Hampshire. History United Therapeutics was founded in 1996 by Martine Rothblatt, an American lawyer, author, and entrepreneur, who created Sirius XM Holdings, Sirius XM. In 1994, Rothblatt's young daughter was diagnosed with a fatal orphan disease, Pulmonary hypertension, pulmonary arterial hypertension (PAH). Rothblatt sold her telecom stock and started the PPH Cure Foundat ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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