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Stock impact report

MannKind: Strategic Uncertainty Follows United Therapeutics' Pivot (Rating Downgrade) [Seeking Alpha]

MannKind Corporation (MNKD) 
Last mannkind corporation earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.mannkindcorp.com/press-releases
Company Research Source: Seeking Alpha
MNKD's valuation is challenged by rising operating expenses and the likely phase-out of its highest-margin revenue stream, despite a temporary revenue floor. Internal pipeline prospects, such as nintedanib DPI, offer potential but remain early-stage and unproven, while AFREZZA and FUROSCIX are unlikely to offset TYVASO DPI losses. I downgrade MNKD to 'Hold' due to limited near-term catalysts and unclear post-TYVASO DPI cash generation. Klaus Vedfelt/DigitalVision via Getty Images Overview MannKind's stock ( MNKD ) has tanked 48% since my " Buy " rating last October. The biopharma is in a bit of a quagmire. A key partner, United Therapeutics ( UTHR ), revealed its intention to seek approval This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am no Show less Read more
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