Mannkind Said On June 26, Was Informed Co's Contract Manufacturer Of Clofazimine Inhalation Solution Experienced Fire In Its Manufacturing Unit, Germany; Co Estimates Production Of Clinical Supplies Of MNKD-101 Will Be Delayed By 3-6 Months
Portfolio Pulse from Charles Gross
MannKind Corporation's contract manufacturer in Germany experienced a fire in its manufacturing unit, which is expected to delay the production of clinical supplies of MNKD-101 by 3-6 months.
July 03, 2023 | 10:13 am
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The fire at MannKind's contract manufacturer is expected to delay the production of MNKD-101, which could potentially impact the company's stock price.
The fire at the manufacturing unit is a significant event that directly impacts the production of MNKD-101. This delay could potentially affect the company's revenues and thus, its stock price. The impact is highly relevant as it directly pertains to MannKind and its operations.
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