MannKind Corporation, a biopharmaceutical company, focuses on the provision of various solutions for transforming chronic disease care. It develops and commercializes treatments that address serious unmet medical needs, including diabetes, pulmonary hypertension, and fluid overload in heart failure and chronic kidney disease. It offers Afrezza inhalation powder, an inhaled insulin used to improve glycemic control in adults with diabetes; and the V-Go wearable insulin delivery device, which provides continuous subcutaneous infusion of insulin in adults. Its products also include Tyvaso DPI for the treatment of pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease; FUROSCIX, a furosemide injection to treat fluid buildup in patients with chronic heart failure or chronic kidney disease. The company’s pipeline of treatments for orphan lung diseases include MNKD-201, a dry-powder formulation of nintedanib for the treatment of idiopathic pulmonary fibrosis and MNKD-701. It has collaboration and license agreement with United Therapeutics Corporation for development, regulatory, and commercial activities of Tyvaso DPI; and collaboration agreement with Thirona to evaluate the therapeutic for the treatment of pulmonary fibrosis. MannKind Corporation was incorporated in 1991 and is headquartered in Danbury, Connecticut.
Inhaled Innovation | Explore MannKind's pioneering inhaled therapeutics, focusing on Tyvaso DPI and Afrezza, as the company navigates growth and challenges in specialized markets. |
Pipeline Potential | Delve into MannKind's promising pipeline, including NTM and IPF treatments, set to begin trials in June 2024, potentially reshaping the company's market position. |
Financial Trajectory | Learn about MannKind's robust 63% year-over-year revenue growth, driven by Tyvaso DPI, with 2024 revenue estimates increased to $266 million from $259.1 million. |
Market Outlook | Analyst price targets range from $5.00 to $6.50, reflecting optimism tempered by pipeline dependencies and interest expense concerns in a competitive landscape. |
Metrics to compare | MNKD | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipMNKDPeersSector | |
|---|---|---|---|---|
P/E Ratio | 60.3x | 6.1x | −0.5x | |
PEG Ratio | 2.56 | 0.27 | 0.00 | |
Price/Book | −39.6x | 4.7x | 2.6x | |
Price / LTM Sales | 5.6x | 8.3x | 3.3x | |
Upside (Analyst Target) | 75.1% | 299.1% | 45.5% | |
Fair Value Upside | Unlock | 15.4% | 5.1% | Unlock |