Post by afrezzamiracle on Dec 20, 2013 17:30:27 GMT -5
www.fool.com/investing/general/2013/12/09/dynavax-mannkind-and-orexigen-could-have-a-big-yea.aspx#.UrTEfSdshCQ
MannKind (NASDAQ: MNKD ) is hoping for a big year in 2014. The company's entire future pretty much hinges on the approval of its inhaled insulin product Afrezza and its delivery apparatus dubbed 'Dreamboat' next year. To recap, Mannkind reported positive late-stage trial data for its Afrezza/Dreamboat combo this year, and subsequently filed a NDA with the FDA. An approval could come as early as next April.
Why is MannKind worth watching? The diabetes market is ridiculously big and is expected to grow to a mind-boggling $100 billion by 2018. It's so big that both Eli Lilly and Novo Nordisk's fast-acting insulin products have reached megablockbuster status, and sales are still growing.
What's important to keep in mind, however, is that the Afrezza/Dreamboat combo is actually superior to these products in terms of delivering insulin. Specifically, Afrezza is an ultra-fast acting insulin that reaches peak levels within 14 minutes. As such, it is much better at mimicking the natural function of the pancreas than the fast-acting insulin analogues that take up to 30 minutes.
In a nutshell, Afrezza/Dreamboat may be the product of choice, if approved, because it is inhalable and provides faster peak insulin levels. Even though MannKind does have a high market cap for a developmental stage biotech, this is definitely a company to watch in the New Year.
MannKind (NASDAQ: MNKD ) is hoping for a big year in 2014. The company's entire future pretty much hinges on the approval of its inhaled insulin product Afrezza and its delivery apparatus dubbed 'Dreamboat' next year. To recap, Mannkind reported positive late-stage trial data for its Afrezza/Dreamboat combo this year, and subsequently filed a NDA with the FDA. An approval could come as early as next April.
Why is MannKind worth watching? The diabetes market is ridiculously big and is expected to grow to a mind-boggling $100 billion by 2018. It's so big that both Eli Lilly and Novo Nordisk's fast-acting insulin products have reached megablockbuster status, and sales are still growing.
What's important to keep in mind, however, is that the Afrezza/Dreamboat combo is actually superior to these products in terms of delivering insulin. Specifically, Afrezza is an ultra-fast acting insulin that reaches peak levels within 14 minutes. As such, it is much better at mimicking the natural function of the pancreas than the fast-acting insulin analogues that take up to 30 minutes.
In a nutshell, Afrezza/Dreamboat may be the product of choice, if approved, because it is inhalable and provides faster peak insulin levels. Even though MannKind does have a high market cap for a developmental stage biotech, this is definitely a company to watch in the New Year.