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MannKind reports Q1 EPS 5c, consensus 3c

Earlier on Wednesday, MannKind reported Q1 revenue $ $66.3M, consensus $60.5M .”We achieved our eighth consecutive quarter of revenue growth putting us on a run rate of over $250 million in revenue for 2024,” said Michael Castagna, PharmD, Chief Executive Officer of MannKind Corporation. “In the last week, we received Fast Track designation and clearance of the IND for MNKD-101 which may allow us to bring this innovative product to patients more quickly.”

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