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Stock impact report

Why MannKind Corporation Jumped Higher Today [The Motley Fool]

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: The Motley Fool
Afrezza prescriptions are headed in the right direction. Brian Orelli ( TMFBiologyFool ) Jan 2, 2018 at 5:17PM What happened MannKind ( NASDAQ:MNKD ) is up 13% at 3:40 p.m. EST Tuesday, but seemingly not on news issued by the biotech. While shares of MannKind often seem to move at the whim of day traders, today's bump higher may be tied to a report that prescriptions of Afrezza topped 500 last week. So what Prescriptions haven't reached that level since back in 2015 when MannKind's marketing partner Sanofi ( NYSE:SNY ) was selling the inhaled insulin product, but even now that MannKind collects all the sales, 500 prescriptions won't generate very much revenue for the beleaguered biotech. At that run rate, MannKind would bring in around $13 million for the year. Presumably, prescriptions will continue to tick higher, but given the low base Show less Read more
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