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MannKind burns through $23.3 million in cash

By   /   Tuesday, November 7th, 2017  /   Comments Off on MannKind burns through $23.3 million in cash

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MannKind Corp., a biotechnology company headquartered in Westlake Village, reported $1.98 million in product sales, resulting in $32.9 million in net losses for the quarter ended Sept. 30. The company, which manufactures an inhalable insulin product called Afrezza, reported a cash burn of $23.3 million, ending the quarter with slightly more than $20 million in…

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