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Mannkind Stock Price, News & Analysis

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Welcome to our dedicated page for Mannkind news (Ticker: MNKD), a resource for investors and traders seeking the latest updates and insights on Mannkind stock.

MannKind Corporation (Nasdaq: MNKD) generates frequent news across product, clinical, regulatory, and corporate fronts as it advances therapies for cardiometabolic and orphan lung diseases. News coverage for MNKD often centers on its commercial products Afrezza, FUROSCIX, V-Go, and Tyvaso DPI–related collaborations, as well as updates on its inhaled and subcutaneous pipeline.

Investors and healthcare observers following MNKD news can expect announcements on U.S. Food and Drug Administration (FDA) milestones, including supplemental Biologics License Applications and supplemental New Drug Applications. Recent examples include FDA acceptance for review of an sBLA for Afrezza in children and adolescents with type 1 or type 2 diabetes, and acceptance of an sNDA for the FUROSCIX ReadyFlow Autoinjector for edema in adults with chronic heart failure or chronic kidney disease.

MannKind’s news flow also covers clinical trial progress and portfolio decisions in orphan lung diseases. The company has reported on initiation of nintedanib DPI (MNKD-201) studies for idiopathic pulmonary fibrosis, as well as the discontinuation of the Phase 3 ICoN-1 trial of nebulized clofazimine (MNKD-101) for refractory nontuberculous mycobacterial lung disease following a futility analysis. Updates on pre-clinical programs such as bumetanide DPI and MNKD-102 are also featured in its communications.

Corporate and financial news items include quarterly earnings results, revenue breakdowns across royalties, collaborations, and product sales, and strategic transactions. A notable example is MannKind’s acquisition of scPharmaceuticals, which brought FUROSCIX fully into its portfolio and expanded its presence in cardiometabolic care. The company also issues releases about investor conference presentations and community initiatives, such as the Centennial Al Mann Scholarship for students living with diabetes.

This news page aggregates these developments so readers can review regulatory decisions, trial outcomes, business combinations, and financial updates related to MannKind in one place.

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MannKind Corporation (Nasdaq: MNKD), focused on inhaled therapeutic products for endocrine and orphan lung diseases, announced that CEO Michael Castagna will participate in a Fireside Chat at the SVB Securities Global Biopharma Conference on February 15, 2023, at 1:40 pm (ET). Interested parties can access the live webcast through the Company’s website, with the replay available for 14 days post-event. MannKind aims to develop innovative therapies for conditions like diabetes and pulmonary arterial hypertension using advanced delivery systems.

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MannKind Corporation (Nasdaq: MNKD) will present at the Lytham Partners Investor Select Conference on January 31, 2023, at 9:00 am ET. CEO Michael Castagna and CFO Steven B. Binder will participate in this virtual event, which aims to discuss the company’s innovations in inhaled therapeutic products for endocrine and orphan lung diseases. The presentation will be accessible on the company's website and archived for later viewing. Attendees can also engage in one-on-one meetings with management by contacting Lytham Partners.

MannKind focuses on meeting serious medical needs in diabetes and pulmonary diseases through advanced delivery systems.

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MannKind Corporation (Nasdaq: MNKD) announced the advancement of clofazimine inhalation suspension (MNKD-101) to an adaptive Phase 2/3 study, paving the way for a potential treatment for nontuberculous mycobacterial (NTM) lung disease. Published findings highlight the product's tolerability and toxicokinetics, suggesting it could reduce systemic toxicity associated with oral treatments. An estimated 86,000-180,000 individuals in the U.S. suffer from NTM lung disease, which is on the rise. FDA has designated MNKD-101 as both an orphan lung and qualified infectious disease product (QIDP), indicating its potential significance in addressing this growing health concern.

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MannKind Corporation (Nasdaq: MNKD) announced that its CEO, Michael Castagna, PharmD, will present at the 2023 Annual J.P. Morgan Healthcare Conference on January 12, 2023, at 11:15 AM PST in San Francisco, California. Interested parties can listen to the webcast on the company's website, which will also be archived for replay. MannKind focuses on developing innovative therapeutic products for endocrine and orphan lung diseases, emphasizing rapid medicine delivery through their signature inhalation devices.

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MannKind Corporation (Nasdaq: MNKD) announced promising results from the Afrezza with Basal Combination (ABC) Study, presented on November 10, 2022, at the Annual Diabetes Technology Meeting. Technosphere Insulin (TI) demonstrated a faster peak effect, occurring 30 minutes sooner, and significantly reduced postprandial glucose excursions at 60 minutes compared to subcutaneous insulins, with values of 57.9 mg/dL versus 101.4 mg/dL. No severe hypoglycemia was reported, highlighting TI's potential as a pump-sparing option for diabetes patients.

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MannKind Corporation (MNKD) reported 3Q 2022 total revenues of $32.8 million, marking a 48% increase compared to 3Q 2021. Afrezza net revenue rose 11% to $10.8 million, with total revenues for the nine-month period reaching $63.7 million. The company experienced a 67% revenue growth in its Endocrine Business Unit, driven by Afrezza and V-Go demand. However, the net loss for 3Q 2022 was $14.4 million, reflecting increased SG&A and interest expenses. Gross profit for Afrezza improved to 81% margin compared to 61%/b% in 2021.

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MannKind Corporation (Nasdaq: MNKD) is set to release its 2022 third quarter financial results and year-to-date performance on November 8, 2022, at 9:00 AM ET.

CEO Michael Castagna and CFO Steven Binder will discuss the results during a conference call, accessible via the company's website. MannKind focuses on innovative therapies for endocrine and lung diseases, utilizing advanced inhalation technologies. For further details, visit their official site.

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MannKind Corporation (Nasdaq: MNKD) announced that its CEO, Michael Castagna, PharmD, will participate in the Lytham Partners Fall 2022 Investor Conference on September 28-29, 2022. The company's webcast presentation will be available on September 28 at 9:00 am ET via its website. Additionally, management will hold virtual one-on-one meetings during the event. MannKind focuses on developing innovative therapeutic products for endocrine and orphan lung diseases, particularly utilizing advanced dry-powder formulations and inhalation devices.

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MannKind Corporation (Nasdaq: MNKD) announced the successful completion of a Phase 1 study on clofazimine inhalation suspension (MNKD-101) for treating nontuberculous mycobacterial (NTM) lung disease. The study indicated that the inhalation solution was well tolerated, with no serious adverse events or QT prolongation. The FDA has designated MNKD-101 as an orphan lung and qualified infectious disease product, addressing a high unmet medical need. MannKind plans discussions with the FDA regarding the findings and the ongoing clinical program.

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MannKind Corporation (Nasdaq: MNKD) announced CEO Michael Castagna will present at the H.C. Wainwright 24th Annual Global Investment Conference on September 13, 2022, at 12:00 PM ET in New York. The company focuses on developing innovative therapeutic products for endocrine and orphan lung diseases. Interested parties can access the live webcast and replay for 14 days via the company’s website. MannKind aims to improve the lives of patients using their advanced inhalation devices and formulations for conditions like diabetes and pulmonary arterial hypertension.

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FAQ

What is the current stock price of Mannkind (MNKD)?

The current stock price of Mannkind (MNKD) is $2.3 as of January 19, 2024.

What is the market cap of Mannkind (MNKD)?

The market cap of Mannkind (MNKD) is approximately 702.5M.

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MNKD Stock Data

702.47M
298.20M
Biotechnology
Pharmaceutical Preparations
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United States
DANBURY

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