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Post by sportsrancho on Sept 7, 2017 12:55:04 GMT -5
A good way to let more PWD trying Afrezza without doctors involved. YES!
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Post by goyocafe on Sept 7, 2017 12:56:06 GMT -5
A good way to let more PWD trying Afrezza without doctors involved. YES! Or insurance...
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Post by edvarney on Sept 7, 2017 13:25:35 GMT -5
Hats off to Mr. Castagna at Mannkind for this timely offer to Americans in need!! This gesture if managed properly should be the best free advertising for Afrezza that has ever been done for marketing Afrezza !!! I pray that as those who disperse product to users they give great advice on usage to avoid negative feedback at later date, we all know how that happens with any new product.....
I expect the company will soon learn that many more Americans will be in need of the same gesture soon in the Southeast US. in the coming days... Regardless of the upfront costs of getting Afrezza out to the PWD in these disaster moments; the payoff could be immeasurable for Mannkind co. in Goodwill today!!
Thank You Mr. Castagna for your Patriotic moment to PWD!!!
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Post by mnkdfann on Sept 7, 2017 15:11:43 GMT -5
It's a nice gesture, even though the contribution is a little late to the giving party. Dozens if not hundreds of businesses have been doing the same thing, since last week. Including some pharmas (e.g. Amgen, Bayer). See: www.cnbc.com/2017/08/28/these-companies-are-donating-to-harvey-relief.htmlmoney.cnn.com/2017/08/30/news/companies/hurricane-harvey-corporate-donations/index.htmlwww.foxbusiness.com/markets/2017/08/28/companies-pledge-millions-in-harvey-donations.htmlSo it is a little unfortunate that Mannkind does this a week later than everyone else, and misses out of the free publicity via CNBC, CNN, Fox, etc., that those other companies received. Question: If a drug is prescription, then who can access it if it is 'donated' to a charity? Only those with prescriptions? The Afrezza is being donated to Insulin for Life USA, Inc., so will Insulin for Life only provide Afrezza to those who already have prescriptions?
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Post by bioexec25 on Sept 7, 2017 15:14:04 GMT -5
Or refrigeration during power outages.
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Post by boca1girl on Sept 7, 2017 15:18:10 GMT -5
It's a nice gesture, even though the contribution is a little late to the giving party. Dozens if not hundreds of businesses have been doing the same thing, since last week. Including some pharmas (e.g. Amgen, Bayer). See: www.cnbc.com/2017/08/28/these-companies-are-donating-to-harvey-relief.htmlmoney.cnn.com/2017/08/30/news/companies/hurricane-harvey-corporate-donations/index.htmlwww.foxbusiness.com/markets/2017/08/28/companies-pledge-millions-in-harvey-donations.htmlSo it is a little unfortunate that Mannkind does this a week later than everyone else, and misses out of the free publicity via CNBC, CNN, Fox, etc., that those other companies received. Question: If a drug is prescription, then who can access it if it is 'donated' to a charity? Only those with prescriptions? The Afrezza is being donated to Insulin for Life USA, Inc., so will Insulin for Life only provide Afrezza to those who already have prescriptions? I would think a PA or NP or doctor working at shelters could write new prescriptions for those in need. They could supply the donated Afrezza and give instructions/assistance as required. Hopefully this will lead to scripts generating revenue to MNKD. Word of mouth advertising is the added bonus.
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Post by otherottawaguy on Sept 7, 2017 15:29:22 GMT -5
Wonder if he has considered additional donations to the other offshore countries where power and refrigeration are probably going to be bigger issue long term than in the US once this is over? I know its not approved elsewhere (not even here in Canada), but might just be a way of squeaking it into another jurisdiction if they will have it. Might even be able to use some of that ready to expire packaging with the understanding that some have shown that the stuff just doesn't lose its effectiveness over time or under non-refrigerated conditions.
Just in case the usual Fudsters suggest this is a thing that MNKD can't afford I will run a little math and am suggesting that they might go further.
I was looking at the size of the donation: 27000 cartridges? Assume that would be delivered in Sample packs?
27000 / 30 (sample pack) = 900 packs with 10 day supply (3 per day) = 9000 days = 24.5 year supply
I will let the readers here decide on what the cost of the donation will be versus the benefit that MNKD will receive if the news media picks up on it.
Think someone here on the board suggested that they do this.
OOG
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Post by porkini on Sept 7, 2017 17:49:40 GMT -5
It's a nice gesture, even though the contribution is a little late to the giving party. Dozens if not hundreds of businesses have been doing the same thing, since last week. Including some pharmas (e.g. Amgen, Bayer). See: www.cnbc.com/2017/08/28/these-companies-are-donating-to-harvey-relief.htmlmoney.cnn.com/2017/08/30/news/companies/hurricane-harvey-corporate-donations/index.htmlwww.foxbusiness.com/markets/2017/08/28/companies-pledge-millions-in-harvey-donations.htmlSo it is a little unfortunate that Mannkind does this a week later than everyone else, and misses out of the free publicity via CNBC, CNN, Fox, etc., that those other companies received. Question: If a drug is prescription, then who can access it if it is 'donated' to a charity? Only those with prescriptions? The Afrezza is being donated to Insulin for Life USA, Inc., so will Insulin for Life only provide Afrezza to those who already have prescriptions? I am not shooting down your ideas, but my immediate thoughts were: - Mannkind needed a partner with boots on the ground, needed time to coordinate.
- Amongst a bunch of big heavy hitter donors, would Mannkind even get a mention and would anyone even see the forest for the trees?
- Better to give "late" than not at all. Perhaps the Mannkind navy could have gotten their fleet to float product out sooner, but I doubt it.
Sorry, don't know the answer to your last question.
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Post by sportsrancho on Sept 7, 2017 18:20:08 GMT -5
Some of these people didn't even have their wallets let alone prescriptions. This is a emergency.
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Post by qwertqwert on Sept 7, 2017 18:30:02 GMT -5
It's a nice gesture, even though the contribution is a little late to the giving party. Dozens if not hundreds of businesses have been doing the same thing, since last week. Including some pharmas (e.g. Amgen, Bayer). See: www.cnbc.com/2017/08/28/these-companies-are-donating-to-harvey-relief.htmlmoney.cnn.com/2017/08/30/news/companies/hurricane-harvey-corporate-donations/index.htmlwww.foxbusiness.com/markets/2017/08/28/companies-pledge-millions-in-harvey-donations.htmlSo it is a little unfortunate that Mannkind does this a week later than everyone else, and misses out of the free publicity via CNBC, CNN, Fox, etc., that those other companies received. Question: If a drug is prescription, then who can access it if it is 'donated' to a charity? Only those with prescriptions? The Afrezza is being donated to Insulin for Life USA, Inc., so will Insulin for Life only provide Afrezza to those who already have prescriptions? I am not shooting down your ideas, but my immediate thoughts were: - Mannkind needed a partner with boots on the ground, needed time to coordinate.
- Amongst a bunch of big heavy hitter donors, would Mannkind even get a mention and would anyone even see the forest for the trees?
- Better to give "late" than not at all. Perhaps the Mannkind navy could have gotten their fleet to float product out sooner, but I doubt it.
Sorry, don't know the answer to your last question.
Its evident that mnkd doesn't have the greatest PR people or a PR person in general. Just hoping this catches some wind, it does need a followup piece, somewhere, somehow. Maybe document something - perhaps the Dashman can do something, he's got a crew that knows how to film and edit.
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Post by mnkdfann on Sept 7, 2017 18:35:04 GMT -5
It's a nice gesture, even though the contribution is a little late to the giving party. Dozens if not hundreds of businesses have been doing the same thing, since last week. Including some pharmas (e.g. Amgen, Bayer). See: www.cnbc.com/2017/08/28/these-companies-are-donating-to-harvey-relief.htmlmoney.cnn.com/2017/08/30/news/companies/hurricane-harvey-corporate-donations/index.htmlwww.foxbusiness.com/markets/2017/08/28/companies-pledge-millions-in-harvey-donations.htmlSo it is a little unfortunate that Mannkind does this a week later than everyone else, and misses out of the free publicity via CNBC, CNN, Fox, etc., that those other companies received. Question: If a drug is prescription, then who can access it if it is 'donated' to a charity? Only those with prescriptions? The Afrezza is being donated to Insulin for Life USA, Inc., so will Insulin for Life only provide Afrezza to those who already have prescriptions? I am not shooting down your ideas, but my immediate thoughts were: - Mannkind needed a partner with boots on the ground, needed time to coordinate.
- Amongst a bunch of big heavy hitter donors, would Mannkind even get a mention and would anyone even see the forest for the trees?
- Better to give "late" than not at all. Perhaps the Mannkind navy could have gotten their fleet to float product out sooner, but I doubt it.
Sorry, don't know the answer to your last question.
I know, I assume there is some way for the organizations to assist people who don't have prescriptions or medical records with them ... but these days, who knows. Anyway, here are some links about assistance for diabetics who are suffering due to Harvey: www.jdrf.org/hurricanerelief/ (No mention of Mannkind ... I thought it was a JDRF partner?) www.diabetes.org/living-with-diabetes/treatment-and-care/emergency-preparedness/free-supplies-in-southeast-texas-harvey-relief.htmlwww.diabetesdaily.com/blog/helping-hurricane-harvey-victims-with-diabetes-477597/(Perhaps the answer to my question is on one of the pages above; I will investigate.)
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Post by agedhippie on Sept 7, 2017 18:53:43 GMT -5
I know, I assume there is some way for the organizations to assist people who don't have prescriptions or medical records with them ... but these days, who knows. You still need a prescription. Diabetics often have surplus insulin they want to donate, but it's illegal to give it directly to another diabetic (not saying it doesn't happen, just that it's illegal). The usual way around the impasse is that you put the donor and recipient in touch and anything that happens is between consenting adults and doesn't involve your organization. I would be interested to see what the uptake is and who gets it. Usually insulin isn't a problem because it is a pen will last you 10 days, there are 5 pens to a box and pharmacies usually hold half a dozen boxes on hand. Hospital pharmacies would be another source but I have no idea what they would typically hold. Refrigeration isn't an issue - officially RAA will last a month without refrigeration (it will last longer in my experience) I am happy to see the donation though as there are a lot of people who cannot afford insulin and anything that gets insulin into their hands gets my vote.
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Post by falconquest on Sept 7, 2017 19:21:23 GMT -5
In my mind we should not look to this donation for it's commercial results or it's timing. Mannkind is a biotech company that helped out during a time of crisis. That is all that needs to be known. If we are looking to this for commercial results then we are in a sorry state indeed.
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Post by careful2invest on Sept 7, 2017 19:32:51 GMT -5
In my mind we should not look to this donation for it's commercial results or it's timing. Mannkind is a biotech company that helped out during a time of crisis. That is all that needs to be known. If we are looking to this for commercial results then we are in a sorry state indeed. I get you, but Mike C did what he did because, and I quote him... "Simply, It's the right thing to do" That said, I also understand the comments about gaining some press coverage because Afrezza is newly on the market, and we really need to leave no stone unturned. If it does not pan out that the story gets mainstream coverage, oh well, The good deed is done, and hopefully many that need it will benefit. But worldwide mention of this gesture certainly will not hurt. GLTA!
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Post by slugworth008 on Sept 7, 2017 20:13:38 GMT -5
investors.mannkindcorp.com/releasedetail.cfm?ReleaseID=1039509WESTLAKE VILLAGE, Calif., Sept. 07, 2017 (GLOBE NEWSWIRE) -- MannKind Corporation (Nasdaq:MNKD) (TASE:MNKD) announced today the company's support for Hurricane Harvey victims with a donation of Afrezza® (insulin human) Inhalation Powder. The donation will be shipped this week to Insulin for Life USA, Inc., a not-for-profit entity whose purpose is to aid those living with diabetes by supplying life-saving insulin and other disease management supplies in times of need. Insulin for Life USA, Inc., The American Diabetes Association, and JDRF have partnered to ensure that donated diabetic supplies get to shelters and county health leaders in the affected areas as soon as possible. "In times of crisis, many of us rely on our good health to help us get to better days," said Michael Castagna, CEO of MannKind Corporation. "Among the millions of residents impacted by Hurricane Harvey are people who must manage their diabetes to maintain good health — but are separated by circumstance from their supplies. Extending a helping hand is consistent with our company's values, and simply the right thing to do." Available through prescription only, Afrezza® is a rapid-acting inhaled insulin used to improve glycemic control in adults with diabetes. MannKind has authorized over 27,000 cartridges of insulin to be donated to Insulin for Life USA. For more information, including important safety information, on Afrezza®, visit www.afrezza.com. "When it comes to rebuilding a life following a major event like Hurricane Harvey, things rarely go according to schedule," said Castagna. "We hope that our support provides some relief to those in need during such a challenging time." SMart, decent and a Patriotic American move from an industry that doesn't do this sort of thing. BRILLIANT! And this IS why Mike is our CEO. Solid move on his part for a variety of reasons. I really like this guy. No offense to Matt - but this was the right change in management by the board. Kudos
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