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Mannkind has cash on hand to fund them through the first quarter of 2012.I don't think the company's major shareholder, billionaire Al Mann, is going to let the company fail.He donated $100,000,000 to Purdue University last month.
I've seen this kind of thinking lead people to the poor house. This co's future hinges on the FDA, not some billionaire investor. The company laid off 40% of its workforce. It's not in a good situation. FDA has denied it twice now.