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Wednesday, August 14, 2013

Stock Alert - MannKind (MNKD) jumps following Phase III results for diabetes drug - 8/14/13

MannKind jumps following Phase III results for diabetes drug
  • MannKind (MNKD) surges 13% after saying that its Afrezza treatment for Type 1 and 2 diabetes was more effective than insulin and oral therapies in two Phase III trials.
  • The results include a lowering of fasting blood glucose levels and fewer incidences of hypoglycemia.
  • MannKind expects to submit the trial data to the FDA in Q4.

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