The Traderszone Network

Published in TZ Latest News 4 September, 2016 by The TZ Newswire Staff

5 Red Flags on MannKind’s Balance Sheet

Getty Images Financial Loss

Image source: Getty Images.

Since the day MannKind‘s (NASDAQ: MNKD) inhaled-insulin device Afrezza earned FDA approval just over two years ago, the company’s stock has lost about 92.6% of its value. Now that MannKind’s former marketing partner Sanofi has returned rights to commercialize Afrezza to the embattled company, a successful relaunch of the device is critical.

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