November 27, 2024
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MannKind beats earnings estimates

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Net losses at Westlake Village biotech firm MannKind fell to $9.32 million, or 4 cents per share for the first quarter, beating expectations of analysts as its chief product, Afrezza, saw revenue jump 58 percent. Sales of the inhalable insulin product rose to $8 million during the quarter ended March 31, while revenue from collaborations…

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