QUOTE AND NEWS
TheStreet.com  Jul 30  Comment 
Updated from 7:41 a.m. with Thursday stock prices. PARIS (TheStreet) -- Sales of MannKind's  inhaled insulin Afrezza totaled €2 million in the second quarter, as reported Thursday by marketing partner Sanofi . Whether you prefer sales...
TheStreet.com  Jul 29  Comment 
VALENCIA, Calif. (TheStreet) -- MannKind is using a mix of discounted stock and more debt to settle a $100 million convertible loan coming due in two weeks. The stock-for-debt exchange, which covers a bit more than half of MannKind's...
Benzinga  Jul 27  Comment 
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. MannKind Corporation (NASDAQ: MNKD) shares were trading lower $0.30 (5 percent) at $4.68 in Monday's session. It is now trading at its lowest level...
SeekingAlpha  Jul 23  Comment 




 

MannKind is a biopharmaceutical company focused on the discovery, development, and commercialization of therapeutic products for diabetes, cancer, and inflammatory and autoimmune diseases. The company's lead product, the Technosphere Insulin System, meant for the treatment of diabetes, is in a series of pivotal phase III trial in the U.S. This product utilizes MannKind s proprietary dry powder Technosphere formulation of insulin. It is inhaled deep into the lungs using the company s MedTone inhaler. Besides the company s development of Technosphere, MannKind is pursuing efforts aimed at the discovery and development of novel drugs for metabolic and immunological diseases. The company also has early-stage development programs for the treatment of solid-tumor cancers. MannKind initiated phase I trials with its cancer candidates in early 2007. MannKind's corporate headquarters and immunology research operations are located in Valencia, CA. Significant operations, including the Technosphere Insulin research, development and manufacturing are located in Danbury, CT. The company's initial public offering (IPO) took place in late July 2004.

Business & Financial Metrics[1]

In 2009, MannKind incurred a net loss of $220.1 million and reported no revenue. This represents a 27.4% reduction in net loss from 2008, when the company lost $303.0 million. Since its inception in 1991, MannKind has lost $1.60 billion and generated $3.0 million in revenues.

Competition

MannKind's primary competitors include:

References

  1. MNKD 2009 10-K pg. 64  
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