Wednesday, November 29, 2023 |

United Therapeutics Converts to a Public Benefit Corporation

October 4, 2021

Downtown Silver Spring-based United Therapeutics Corporation yesterday announced that following shareholder approval, it has officially converted to a public benefit corporation (PBC), the first PBC conversion of a public biotech or pharmaceutical company. “We are inspired by our shareholders who recognize that caring for our patients, planet, employees, communities, and other stakeholders enhances our ability to generate strong shareholder returns,” Martine Rothblatt, Ph.D., Chairperson and Chief Executive Officer of United Therapeutics, said in a statement.

Article Source: Source of the Spring

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.