This is what the left does.
Takes your money and will never pay back.
They never implemented pension reform from 2010.
They cannot be trusted.
Put a fork in them.
It's time they went to the mob and pay high vig or every citizen will get its legs broken.
Motley Fool is nothing but #$%$.
Have not stake in the company but Motley Fool and the Street are #$%$.along with the owners of Motley Fool.
Sanofi’s Nov.20 event important for MannKind investors
RBC Capital Markets analysts Adnan Butt and John Chung said in a research note that Sanofi will hold an analyst event on Nov.20. At the event, the French company is expected to highlight its plans, commitment, commercialization outlook and preparations for Afrezza. Analysts said the debate around Afrezza’s market potential and MannKind’s profitability will continue at least until Q1, 2015.
While MannKind will be manufacturing Afrezza, Sanofi will be responsible for commercialization, development and regulatory activities. MannKind has started commercial production of its inhaled insulin treatment. The company is also increasing capacity of its Danbury facility by adding two more production lines. RBC Capital Markets has an Outperform rating on MannKind with $13 price objective.
Afrezza may reach the EU markets by 2017
RBC analysts forecast that Afrezza will hit the U.S. market in 2015 and European markets in 2017. Sanofi will begin preparations for the EU regulatory filing of Afrezza after the U.S. launch. The research firm says Afrezza sales will peak at more than $7 billion. FDA has asked MannKind to conduct three more studies, pediatric, long-term safety and dosing. The company said it was in talks with the U.S. regulators, and plans to start these studies after launch.
Recently, Sanofi said at its earnings call that its blockbuster diabetes drug Lantus was facing pricing pressure due to low-cost competing drugs from Novo Nordisk A/S (ADR) (NYSE:NVO). MannKind said that the pricing pressures don’t apply at its Afrezza (basal vs. meal time). JPMorgan analyst Cory Kasimov said that Sanofi is the “best case scenario partner.”