InvestorsHub Logo
Followers 417
Posts 52354
Boards Moderated 13
Alias Born 12/16/2001

Re: None

Tuesday, 01/03/2017 4:34:37 PM

Tuesday, January 03, 2017 4:34:37 PM

Post# of 216
1/3 MannKind's $1M Milestone: Good News, But Barely

Spencer Osborne

•MannKind received a $1 million milestone payment from Receptor Life Sciences on December 30.

•The amount of the milestone is lower than many MannKind bulls were hoping for.

•At the current cash burn rate, the $1 extends the company's financial runway by 3 or 4 days.



http://seekingalpha.com/article/4034051-mannkinds-1m-milestone-good-news-barely#alt3

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.