MannKind Corp. (MNKD)

[COO2002COO]

"For example, let’s start small and assume that no milestones are hit and Sanofi generates “just” $50 million worth of profit from Afrezza. In this case, MannKind will get it’s 35% cut ($17.5 million), and when this is combined with the $150 million it got upfront, we’re looking at the company receiving $167.5 million for a product that did $50 million in sales. "

No, we are actually looking at company receiving $167.5 million for a product that did $50 million in profits, NOT sales. Sales amount would be at least $125 million (when assuming the profit margin is 40%).