Scrip is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Desperate MannKind sinks 12% as it raises $75M to fund Afrezza trials

This article was originally published in Scrip

Executive Summary

MannKind, which has no products on the market, needs new capital for additional work and operating expenses, as it pushes forward with more trials requested by the US FDA for its inhaled Afrezza (insulin[rDNA origin]) using its next-generation inhaler. Its shares sank more than 12% after it priced an offering of 31.3 million units at $2.40 on 3 February, seeking $75 million.

Topics

Related Companies

UsernamePublicRestriction

Register

SC016150

Ask The Analyst

Please Note: Click here for more information on the Ask the Analyst service.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel