MNKD
MannKind Corporation5.91
-0.03-0.51%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
1.81BP/E (TTM)
59.10Basic EPS (TTM)
0.10Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
8-K
MannKind acquires scPharma
MannKind Corporation completed its acquisition of scPharmaceuticals Inc. on October 7, 2025, via tender offer and merger, securing 73.47% of shares for $5.35 cash per share plus a non-transferable CVR worth up to $1.00 contingent on FDA approval of an injection product by June 30, 2027, and $110 million in worldwide net sales of products by December 31, 2026. The deal, funded by $250 million in delayed draw term loans under the Blackstone Credit Facility maturing August 6, 2030, at SOFR plus 4.75%, also extinguished scPharma's $82.6 million debt. Integration bolsters MannKind's pipeline, yet milestone risks loom large.
8-K
Expands license for new product
MannKind Corporation amended its 2018 license agreement with United Therapeutics on August 24, 2025, expanding coverage to an additional pulmonary hypertension product using its Technosphere platform. MannKind will formulate and supply clinical materials free of charge, receiving a $5 million upfront payment, up to $35 million in development milestones, and 10% royalties on net sales if approved. This bolsters MannKind's revenue pipeline while United Therapeutics handles further development. Yet risks linger if milestones falter.
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