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MannKind (NASDAQ: MNKD) — Company Overview, News & Financial Data

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Company profile

MannKind

MannKind (NASDAQ:MNKD) is dedicated to discovering, developing, and commercializing innovative therapeutic products for patients with diseases such as diabetes. Central to its portfolio is Afrezza, an inhalable insulin offering a unique administration method compared to traditional insulin delivery mechanisms, aimed at improving the quality of life for those managing their diabetes. Beyond diabetes, MannKind is exploring opportunities to leverage its technosphere technology platform to create inhalable therapeutic products for other conditions. Their objective is to expand the application of their technology to address unmet medical needs across various diseases, pushing the boundaries of what's possible in medical science and improving patient outcomes.

Snapshot

Public USOwnership
1991Year founded
535Employees
Connecticut, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of MannKind

  • Afrezza, an inhalable insulin for adults with diabetes, offers a rapid-acting mealtime blood sugar control alternative.
  • Technosphere technology, a versatile pulmonary drug delivery platform designed to improve medication efficacy and patient compliance.
  • Tyvaso DPI, developed in collaboration with United Therapeutics for pulmonary arterial hypertension, leverages Technosphere for targeted delivery.
  • Epalrestat inhalation powder, an investigational treatment for diabetic peripheral neuropathy, aiming to reduce symptoms and progression.
  • Collaboration with Vertice Pharma to create inhalable treatments for orphan lung diseases, expanding therapeutic options for rare conditions.
  • MannKind is exploring inhaled therapeutic options for oncology, aiming to develop innovative treatments for cancer patients.

MannKind executive team

  • Michael E. CastagnaCEO & Director
  • Christopher B. PrentissChief Financial Officer
  • David B. ThomsonExecutive VP, General Counsel & Secretary
  • Stuart A. TrossChief People & Workplace Officer
  • Dominic MarascoPresident of Endocrine Business Unit
  • Sanjay SinghExecutive Vice President of Technical Operations
  • Ajay AhujaExecutive VP & Chief Medical Officer
  • Wassim FaresSenior VP and Therapeutic Area Head of Respiratory & (interim) Cariorenal

Key financials

Reported results for MannKind , in USD.

Market cap
1.1B
Revenue (TTM)
393.6M
P/E ratio
—
EPS (diluted, TTM)
-0.1
Dividend yield
—
Profit margin
-11.1%
MannKind annual revenue and income
Fiscal year endRevenueOperating incomeNet income
349M38.8M5.9M
285.5M72.6M27.6M
199M8.7M-11.9M
99.8M-64.1M-87.4M