March 10, 2024
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Westlake Village biotech company MannKind restructures debt

By   /  Monday, October 23rd, 2017  /  Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Westlake Village biotech company MannKind restructures debt

MannKind announced Oct. 23 that it had restructured debt due in 2018, exchanging $27.7 million in convertible notes for $23.7 million due in October of 2021 and nearly 1 million shares of its common stock. The new convertible senior subordinated exchange notes have a rate of 5.75 percent, the Westlake Village-based biotech company said in Read More →

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Mannkind stock soars over new label info for Afrezza

By   /  Monday, October 2nd, 2017  /  Earnings, Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Mannkind stock soars over new label info for Afrezza

Westlake Village biotech company Mannkind received approval to update the prescribing information for its inhalable insulin product, Afrezza, making it easier to market to customers. The new label information clarifies starting and adjusting mealtime dosages, as well as initial and peak effects, and helps the company avoid confusing language, CEO Michael Castagna said in a Read More →

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Mannkind reports net loss for second quarter

By   /  Monday, August 7th, 2017  /  Earnings, East Ventura County, Health Care & Life Science, Latest news, Tri-County Public Companies  /  Comments Off on Mannkind reports net loss for second quarter

Mannkind reported $2.16 million in revenues Aug. 7, for a net loss of around $35.3 million for its second quarter, and announced the launch of a clinical trial for its inhalable insulin product Afrezza in partnership with One Drop. Revenues came primarily from the Westlake Village biotech company’s product sales, with $615,000 from collaborations and Read More →

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MannKind moving to former Kythera space in Westlake Village

By   /  Friday, June 23rd, 2017  /  East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MannKind moving to former Kythera space in Westlake Village

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