MannKind (MNKD) Founder, Former Exec Chair Alfred Mann Passed Away

February 26, 2016 7:00 AM EST
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MannKind (Nasdaq: MNKD) founder Alfred Mann was said to have passed away, according to the LA Times.

Mann, 90, recently resigned as Executive Chairman of MannKind.

According to the article, Mann founded 17 companies over his 70 years in business. Fields ranged from aerospace to pharmaceuticals to medical devices.

MannKind was founded in 1991, but become its present form via a merger of three companies.

MannKind CEO Matthew Pfeffer affirmed the death on Thursday.

Shares of MannKind are flat in early trading.

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