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Premarket Biotech Digest: Mylan's Perrigo Bid, MannKind Rallies, Merck's Setback

2015-11-13 23:38:00| Biotech - Topix.net

Click this Mylan shares are up more than 11% in pre-market trading today as the company's takeover bid for Perrigo is likely to fail. MYL had launched a hostile bid for PRGO earlier this year.

Tags: bid digest biotech setback

 

Mannkind shares down on cash-flow worries

2015-11-12 09:53:25| Biotech - Topix.net

Wall Street has been raising concerns Mannkind due to sluggish sales of its inhalable insulin Afrezza, shown above, and low cash positions. Wall Street has been raising concerns Mannkind due to sluggish sales of its inhalable insulin Afrezza, shown above, and low cash positions.

Tags: shares worries cashflow mannkind

 
 

MannKind engages in third round of layoffs in Danbury

2015-10-01 07:07:52| Biotech - Topix.net

MannKind , a drug manufacturer in Danbury, has laid off workers as part of a reorganization effort amid slower-than-expected revenue from the company's main product. The company's stock, meanwhile, hit a 52 week low earlier this week after trading at around $3 per share.

Tags: round engages layoffs danbury

 

Danbury manufacturer Mannkind triples production despite slow sales of Afrezza

2015-08-01 10:39:52| Biotech - Topix.net

The annual stockholders meeting for Mannkind Corporation which recently gained approval from the FDA for a new form of insulin. On Thursday May 21, 2015, in Danbury, Conn.

Tags: sales production manufacturer slow

 

Mannkind investors raise stock manipulation allegations

2015-05-22 05:24:51| Biotech - Topix.net

Hakan Edstrom, President, CEO and Director of MannKind Corporation, speaks at its annual stockholders meeting on Thursday, May 21, 2015. MannKind Corp. recently gained approval from the FDA for a new form of insulin.

Tags: stock raise investors manipulation

 

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