MNKD head count

[uvula]

Page 15 of this article that Sport's posted elsewhere ( www.lightgablerlaw.com/pdf/news/19/SFVBJ_2019-04-01.pdf )

says that mnkd has 225 employees.  47 are in the san Fernando area. 178 are elsewhere and probably includes sales reps and manufacturing people.  Does this seem like a lot of people?  


 

[Deleted]

Apr 19, 2019 13:25:25 GMT -5 uvula said:

Page 15 of this article that Sport's posted elsewhere ( www.lightgablerlaw.com/pdf/news/19/SFVBJ_2019-04-01.pdf )

says that mnkd has 225 employees.  47 are in the san Fernando area. 178 are elsewhere and probably includes sales reps and manufacturing people.  Does this seem like a lot of people?  


 

Not if you have a growing sales organization.  It seems about right.  You have to realize to become a global pharmaceutical company you have to have an infrastructure with IT, Comms, Factory, HR, etc.   It's takes resources to grow a company.  

[matt]

At first blush, that does not seem like an excessive number of people. I have not seen the manufacturing line so I don't have a feel for how labor intensive it is relative to others, but the overall number seems about right although the head office number could probably be shaved 5-8 heads if they were running a very lean operation. That assumes that most of the R&D activity is centered in Danbury but if not then the San Fernando headcount is reasonable.

The important thing to keep in mind is that a large portion of manufacturing labor is engaged in performing period driven activities rather than volume driven activities. If your manufacturing documentation specifies that certain machines will be recalibrated every 14 days, then that has to be done whether the machines are running at capacity or not. The number of people needed to produce 100 units is not much different from the number needed to produce 10,000 units.

[mytakeonit]

Maybe so ... as long as you don't mind having a few thousand boxes all over the warehouse floor.

But, that's mytakeonit