MannKind Corporation (NASDAQ:MNKD) has a one-of-a-kind product

Posted by Peter Lauro August 16, 2013 0 Comment 2187 views

MannKind Corporation (NASDAQ:MNKD) stock dipped by 12.52% in Thursday’s trading. The opening price of $7.06 touched an intraday high of $7.18 which dropped to a close of $6.64. More than 19.45 million shares were traded in Thursday while the average volume of shares over a 30-day buy viagra period was $9.35M. The company has a market cap of 2.0 billion.

When innovation counts

The company announced that it has been successful in producing an inhaled-insulin device. The one plus point of this particular medication is that it is more-effective and convenient than the oral and injected variants that when does viagra patent expire are currently available in the market. Taking regular insulin shots can be a little cumbersome in comparison to an inhaler version.

This medication is used in the treatment of diabetes which cialis 20mg cost is one of the commonest diseases in the world and will go a long way in improving the quality of life for millions of people across the world.

Vast market

The product by itself has a very large market. It is expected that by 2023, there will be a minimum of Darin’s parents said they hope the will reconsider its policy. half a billion diabetics in the world. The projection is that if this product proves to be a success, the company would rake in billions of dollars in profits. Marketing this product appropriately and effectively is the one big challenge that the company will face and profitability is linked directly to its successful commercialization. MannKind Corporation (NASDAQ:MNKD) will have to ensure that the product is priced appropriately and positioned properly.

Earnings report

MNKD has easiest pharmacy school to get into in canada also very recently announced its earnings for the quarter. It reported earnings per share of $0.16 against the average analyst cialis coupon card estimate of $0.014. There was also some insider trading that took place in the company with its Chief Executive Officer selling shares that were worth upto $80,000. This development occurred just before the company announced its earnings report.

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