Clinical DevelopmentSome lung toxicity was observed during the Phase 1 study of MNKD-201, with cough and FEV-1 drop noted, although these were transient and not dose-dependent.
Commercial RisksAfrezza makes up a small part of the valuation, and this is not expected to be needle-moving for the stock.
Financial NeedsRisks include clinical development challenges, commercial risks associated with royalties, and potential financial needs for raising capital.