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MannKind stock soars after it closes $105 million deal

By   /   Tuesday, October 16th, 2018  /   Comments Off on MannKind stock soars after it closes $105 million deal

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Westlake Village-based MannKind shares soared more than 16 percent Oct. 16 with the announcement that it had closed its $105 million deal with Maryland-based United Therapeutics. The licensing deal provides $45 million in upfront capital to MannKind for the development and commercialization of an inhalable dry powder version of United’s pulmonary arterial hypertension drug treprostinil.…

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