MannKind Corporation (MNKD) Stock
MannKind Corporation operates as a biopharmaceutical firm, primarily focused on innovating and bringing to market respiratory-delivered treatments. Its efforts are directed towards tackling endocrine system disorders and rare lung conditions within the U.S.
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About MannKind Corporation
MannKind Corporation operates as a biopharmaceutical firm, primarily focused on innovating and bringing to market respiratory-delivered treatments. Its efforts are directed towards tackling endocrine system disorders and rare lung conditions within the U.S. market. The company's key product is Afrezza, an inhaled insulin designed to improve glycemic control for adults managing diabetes. MannKind also actively markets Thyquidity, promoting it to adult and pediatric endocrinologists and other healthcare professionals for the treatment of hypothyroidism. In terms of collaborations, MannKind holds a strategic licensing and partnership agreement with United Therapeutics Corporation. Furthermore, it is collaborating with NRx Pharmaceuticals to develop a dry powder formulation of ZYESAMI (aviptadil), which is a synthetic variant of human vasoactive intestinal peptide intended to shield cells from inflammatory processes. Established in 1991, MannKind Corporation's corporate offices are located in Westlake Village, California.
MannKind Corporation is led by CEO Michael E. Castagna, employs 403 people, headquartered in US, publicly traded since 2004.
MannKind Corporation (MNKD) stock trades at $4.06 with a market capitalization of $1.25B. The stock is valued at a price-to-earnings (P/E) ratio of -53.43, price-to-book of -21.51, price-to-sales of 3.54. Over the past 52 weeks the stock has ranged between $2.23 and $6.51, and currently trades 37.6% below its 52-week high.
On profitability, MannKind Corporation generates a return on equity (ROE) of 45.59% — well above the market average, a sign of a high-quality business, return on capital employed of 2.20%, an operating margin of 3.71%, a net profit margin of -6.63%.
Official website: www.mannkindcorp.com