UNITED THERAPEUTICS Corp
Healthcare · Pharmaceutical Preparations · SILVER SPRING, MD · CIK 0001082554
The business
United Therapeutics Corporation (NASDAQ: UTHR) is a biopharmaceutical company dedicated to developing innovative therapies for patients with serious diseases and unmet medical needs, with a particular focus on pulmonary arterial hypertension and organ transplantation technologies. The company operates as a public benefit corporation with an explicit mission to transform the treatment of rare diseases and expand the availability of transplantable organs through innovative organ manufacturing technologies.
The company's commercial product portfolio generates the majority of revenues through pulmonary hypertension treatments. Tyvaso DPI and Nebulized Tyvaso, both formulations of treprostinil, represent the largest revenue contributor at 59 percent of total revenues. Remodulin, another treprostinil formulation for continuous infusion, accounts for 17 percent of revenues, while Orenitram, an oral prostacyclin analogue, represents 16 percent. The company also markets Adcirca, a phosphodiesterase type 5 inhibitor, and Unituxin, a monoclonal antibody for high-risk neuroblastoma, which together comprise approximately eight percent of revenues. These products are distributed through specialty pharmaceutical channels in the United States and internationally.
Beyond commercial pharmaceuticals, United Therapeutics operates an extensive research and development pipeline focused on expanding treatment options for pulmonary fibrosis conditions and developing next-generation therapies. The company is advancing clinical programs including ralinepag, an oral prostacyclin receptor agonist in phase 3 development, and nebulized treprostinil formulations for idiopathic pulmonary fibrosis and progressive pulmonary fibrosis.
The company's organ manufacturing and transplantation division represents a significant strategic initiative. This includes xenotransplantation programs developing gene-edited porcine organs, regenerative medicine platforms through subsidiaries Miromatrix and IVIVA focused on manufactured kidney and liver alternatives, and ex vivo lung perfusion services through Lung Bioengineering. The company also invests in sustainable organ delivery infrastructure, including electric and hydrogen-electric aircraft development partnerships.
United Therapeutics maintains operations across multiple locations including principal executive offices in Silver Spring, Maryland and Durham, North Carolina, with additional facilities supporting organ manufacturing, research, and clinical operations nationwide.
Ownership
Who holds UNITED THERAPEUTICS Corp — from fund N-PORT and institutional 13F filings · N-PORT 2026Q1 · 13F 2026-03-31
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| iShares Core S&P Mid-Cap ETF IJH · iShares Trust | 0.80% | $845.29M |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.04% | $825.74M |
| VANGUARD SMALL-CAP INDEX FUND VB · VANGUARD INDEX FUNDS | 0.36% | $599.25M |
| VANGUARD HEALTH CARE FUND VGHCX · VANGUARD SPECIALIZED FUNDS | 1.07% | $418.82M |
| VANGUARD SMALL-CAP VALUE INDEX FUND VBR · VANGUARD INDEX FUNDS | 0.63% | $381.60M |
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
15 years of UNITED THERAPEUTICS Corp's financials
Income statement, balance sheet and cash flow across 15 years, every filing with its disclosures, and each number traceable to the filing it came from — free with an account, no card required.
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