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 (MNKD) specializes in innovative inhaled therapies for diabetes and respiratory diseases, notably through its FDA-approved Afrezza® inhaled insulin. This page aggregates official announcements, clinical trial updates, and strategic partnership news critical for understanding the company's trajectory.
Investors and researchers will find curated press releases covering financial results, regulatory milestones, and technology licensing agreements. The collection emphasizes developments in MannKind's core platforms: the Technosphere® drug delivery system and iSPERSE™ formulation technology.
Content includes updates on pulmonary arterial hypertension treatments, diabetes management solutions, and global expansion initiatives. All materials maintain factual accuracy without speculative analysis, adhering to financial disclosure standards.
Bookmark this page for streamlined access to MNKD's latest business developments and scientific advancements. Verify time-sensitive details directly through company filings or official communications.
MannKind Corporation (MNKD) reported a 45% increase in total revenues to $22.2 million for Q3 2021, driven by Afrezza net revenue of $9.8 million, up 34% year-over-year. Collaboration revenue also rose 54% to $12.5 million. Gross profit increased 61% to $5.9 million, leading to a gross margin improvement to 61% from 51%. Despite these gains, the net loss was $4.4 million or $0.02 per share, down from $11.3 million in the prior year. Cash equivalents stood at $181.1 million as of September 30, 2021.
MannKind Corporation (Nasdaq: MNKD) announced the completion of a sale-leaseback transaction that generated $102.25 million in non-dilutive gross proceeds on November 8, 2021. This deal involves the sale of 263,900 square feet of manufacturing space in Danbury, Conn., while MannKind retains operational control of its facilities. The company manufactures Afrezza® (inhaled insulin) and Tyvaso DPI™ (inhaled treprostinil) at this location. MannKind also signed a 20-year lease with renewal options, allowing continued operations without the burden of ownership.
MannKind Corporation (Nasdaq: MNKD) is set to present promising findings regarding its Technosphere® Insulin (TI) at the 21st Annual Diabetes Technology Meeting on November 11. This feasibility study highlights that a TI dose—approximately double the standard mealtime subcutaneous injection—significantly reduced postprandial glucose excursions without causing severe hypoglycemia. Specifically, the maximum mean postprandial glucose dropped from 234 to 186 mg/dL, demonstrating a 50 mg/dL improvement at 120 minutes.
MannKind Corporation (Nasdaq:MNKD) will announce its third quarter financial results on November 9, 2021, at 5:00 PM ET. CEO Michael Castagna and CFO Steven B. Binder will discuss the financial performance and corporate updates during a conference call. The call will be available for live listening on the company’s website, with a replay accessible for 14 days. MannKind specializes in developing inhaled therapeutic products, including Afrezza, the only FDA-approved inhaled ultra rapid-acting mealtime insulin in the U.S. More information can be found on their corporate site.
MannKind Corporation (Nasdaq: MNKD) announced that the FDA issued a complete response to United Therapeutics regarding the New Drug Application (NDA) for Tyvaso DPI to treat pulmonary arterial hypertension and interstitial lung disease. The rejection was due to one open inspection issue at a third-party testing center, with no deficiencies found in MannKind's Connecticut facility. MannKind continues to build pre-launch inventory and plans to support United Therapeutics in securing NDA approval in the future.
MannKind Corporation (Nasdaq: MNKD) announced the enrollment of its first pediatric patient in the INHALE-1 study, which aims to evaluate the efficacy and safety of Afrezza in children aged 4-17 with type 1 or type 2 diabetes. This multi-center, 26-week randomized trial will compare Afrezza in combination with basal insulin against multiple daily injections. The primary endpoint is the change in HbA1c levels after 26 weeks. Approximately 260 patients are expected to participate across over 30 U.S. sites, marking a significant step towards making Afrezza available for younger patients.
MannKind Corporation (Nasdaq: MNKD) announced a sale-leaseback transaction with Creative Manufacturing Properties, expected to generate $102.25 million in gross proceeds. This strategic move allows MannKind to unlock capital from its manufacturing facility, supporting growth and development initiatives.
The transaction involves a 20-year lease for a 263,900 sq. ft. manufacturing space in Danbury, where MannKind produces its FDA-approved product, Afrezza. The company plans to utilize the funds to enhance its product pipeline and expand Afrezza's commercial activities.
MannKind Corporation (Nasdaq: MNKD) announced its participation in the Lytham Partners Fall 2021 Investor Conference on October 5, 2021, at 11:45 am ET. CEO Michael Castagna, PharmD, will represent the company during the event. Interested parties can access a live webcast of the presentation through the Company’s website. MannKind focuses on developing inhaled therapeutic products, including Afrezza®, the only inhaled ultra rapid-acting insulin available in the U.S. The webcast replay will be available for 14 days post-event.
MannKind Corporation (Nasdaq: MNKD) announced its participation in two upcoming conferences, featuring CEO Michael Castagna, PharmD as a presenter. The events include the Oppenheimer Fall Healthcare Life Sciences & MedTech Summit on September 22, 2021, and the 2021 Cantor Global Virtual Healthcare Conference on September 27, 2021. Interested individuals can access live webcasts and replays on the company’s website for 14 days post-event. MannKind is known for developing inhaled therapeutic products, including Afrezza, an FDA-approved inhaled insulin available in the U.S. and Brazil.
MannKind Corporation (Nasdaq: MNKD) announced that CEO Michael Castagna, PharmD, will participate in a Fireside Chat at the H.C. Wainwright 23rd Annual Global Investment Conference, available on demand from September 13, 2021. Interested parties can access the webcast through the Company’s Events & Presentations section on their website, where a replay will be available for 14 days. MannKind focuses on developing inhaled therapeutic products for endocrine and orphan lung diseases, including Afrezza®, the only inhaled ultra rapid-acting mealtime insulin in the U.S.
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