Piper Jaffray Doubles MannKind (MNKD) PT to 10 Cents

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MannKind (MNKD) Prices 48.54M Share/Warrant Direct Offering at $1.03/Unit

May 9, 2016 6:27 PM EDT

MannKind Corporation (Nasdaq: MNKD) announced the pricing of a registered direct public offering of up to 48,543,692 shares of common stock and warrants to purchase up to an aggregate of 48,543,692 shares of common stock to select institutional investors. Each share of common stock is being sold together... More

MannKind (MNKD) Misses Q1 EPS by 2c

May 9, 2016 4:01 PM EDT

MannKind (NASDAQ: MNKD) reported Q1 EPS of ($0.06), $0.02 worse than the analyst estimate of ($0.04).

The Companys portion of the loss sharing under the Sanofi License Agreement was $5.5 million for the first quarter of 2016. The total amount owed to Sanofi is currently $68.8 million, including... More