I have a student who is 16 with type 1. When I was telling her about Afrezza, you should have seen the look on her face. SHE HATES SHOTS AND SOMETIMES SKIPS THEM, EVEN THOUGH SHE KNOWS THE CONSEQUENCES!!!
""With new technologies emerging to provide a more continuous and real-time view of a patient's health, we can see the promise for more proactive and effective ways to control diabetes," Google life sciences CEO Andy Conrad said in a statement. "Together with Sanofi, we believe diabetes management can be simpler and more convenient (READ: AFREZZA), which may help patients achieve an improved quality of life."
They will need to pony up lots of $$ in order to get my shares in their name.
The Air Bus A380 is an example of patience and payoff.
Started the A380 idea in 1988. Now, Air Bus has successfully stolen the jumbo jet market right out from under Boeing's nose as the 747 is nearly obsolete. 27 years, that is patience, to OWN a $150 billion/year market, that is payoff.
Exactly; when you borrow something you definitely own it until the person from whom you borrowed it forgets you have it or.........until you need to return it.
And that is EXACTLY what Sanofi/MNKD were anticipating they would do. So, all is going according to the plan.
When Afrezza is a blockbuster drug and when MNKD has developed multiple drugs on the Technosphere platform, you won't care what the share price was.